Announcement • Jun 09
Metalsource Mining Advances Exploration At Silver Hill Project in North Carolina
Metalsource Mining Inc. has assembled a group of experienced consultants and market awareness providers to support its ongoing efforts to broaden awareness of the Silver Hill story, strengthen shareholder communications, expand market visibility, and effectively communicate the Company's exploration progress as drilling continues at the project. The Company continues advancing the Silver Hill Project in North Carolina, widely recognized as America's first silver mine. The Company is executing a modern exploration strategy focused on expanding known mineralization, advancing resource growth, and unlocking the broader district-scale potential of Silver Hill through systematic drilling, geological modeling and advanced exploration techniques. The Company has entered into a consulting agreement with Caram Media Inc. dated June 1, 2026, pursuant to which Caram will provide strategic consulting and business development services to the Company. Under the terms of the Caram Agreement, Caram received an initial engagement fee of CAD 100,000 payable upon commencement of services and will receive monthly payments of CAD 50,000 thereafter. The Caram Agreement has an initial term of six months and may continue on a month-to-month basis thereafter unless terminated by either party in accordance with the terms of the agreement. Caram was previously granted 500,000 stock options and 200,000 restricted share units on May 22, 2026. Caram and its principals currently hold securities of the Company and may acquire additional securities of the Company from time to time for investment purposes. The Company has also engaged the services of Apollo Shareholder Relations Ltd. pursuant to an agreement dated May 29, 2026 and commencing June 3, 2026 and, for the initial six-month term of the Apollo Agreement, Apollo will provide investor communication services to the Company. Under the terms of the Apollo Agreement, Apollo will receive monthly payments of USD 20,000. The Apollo Agreement is for an initial term of six months, with automatic renewal for successive six-month terms. Apollo was previously granted 350,000 stock options on May 22, 2026. The Company has engaged the services of TMI Digital LLC pursuant to an agreement dated and commencing June 5, 2026 and, for the initial six-month term of the TMI Agreement, TMI will provide strategic digital media and investor awareness services for the Company. Under the terms of the TMI Agreement, TMI will receive a payment of USD 40,000 payable in advance and monthly payments thereafter of USD 20,000. The TMI Agreement is for an initial term of six months, with automatic renewal for successive six-month terms. TMI was previously granted 150,000 stock options on May 22, 2026. The Company has also engaged the services of Investorideas.com pursuant to an agreement dated June 3, 2026 and commencing on June 5, 2026 and, for the initial six-month term of the Investorideas Agreement, Investorideas will provide social media content creation and advertising to increase awareness of the Company. Pursuant to the Investorideas Agreement, the Company shall provide monthly remuneration of USD 5,000 for the duration of the six-month term, representing an aggregate commitment of USD 30,000. The Investorideas Agreement is for an initial term of six months, with an option to renew on a month-to-month basis. Investorideas was previously granted 75,000 stock options on May 22, 2026. The Company has also engaged the services of Quantum Ventures Inc. pursuant to an agreement dated and commencing June 3, 2026 and, for the four-month term of the Quantum Agreement, Quantum will provide marketing services to the Company. Under the terms of the Quantum Agreement, Quantum will receive a payment of USD 150,000 payable in advance. The Quantum Agreement is for a four-month term. Quantum was previously granted 150,000 stock options and 100,000 RSUs on May 22, 2026. Management believes that effective communication and market awareness are important components of building long-term shareholder value. As Metalsource continues advancing Silver Hill through drilling, exploration and resource growth initiatives, increasing awareness among investors and stakeholders helps ensure the market remains informed of the Company's progress and evolving opportunity. With encouraging initial drill results already reported, ongoing exploration programs underway, and multiple catalysts anticipated ahead, the Company believes Silver Hill is positioned to benefit from a broader understanding of its historical significance, exploration success, and long-term growth potential.
