Quetzal Announces Conditional Acceptance of Reverse Takeover And Filing Statement

Executive Summary

• Quetzal Copper Corp. received conditional acceptance from the TSX Venture Exchange for its previously announced reverse‑takeover of Silverco Mining Corp.
• The transaction is expected to close on or about October 16, 2025, subject to customary closing conditions and any required shareholder approvals.
• Upon completion, Quetzal will rename itself “Silverco Mining Ltd.” and trade under the ticker SICO; the combined entity will retain its Tier 2 TSX‑V listing.

Key Details

• Conditional acceptance was granted by the Exchange for the reverse‑takeover (the “Transaction”) announced on June 26, 2025 and August 15, 2025.
• Closing is targeted for ≈ October 16, 2025, pending satisfaction of customary conditions (e.g., exchange approval, shareholder consent).
• Post‑closing name change: Quetzal Copper Corp. → Silverco Mining Ltd.; new trading symbol SICO on the TSX Venture Exchange.
• The filing statement dated October 3, 2025 has been posted on SEDAR+ and contains full transaction details for investors.
• Silverco Mining Corp. owns 100% of the Cusi Mine Project (16,073 ha) in Chihuahua State, Mexico, a past‑producing underground silver‑lead‑zinc‑gold operation with an existing 1,200 t/d mill and permitted tailings capacity.
• The Cusi Property includes multiple historical Ag‑Au‑Pb‑Zn mines, extensive vein structures, and several identified exploration targets (e.g., downthrown mineralized block extension).
• Contact persons: Mark Ayranto – CEO, Silverco Mining Corp.; Matthew Badiali – CEO & Director, Quetzal Copper Corp.

Notable Quotes

(No direct quotes were provided in the release.)