Creation Of US Pure Silver Exploration and Development Company

VANCOUVER - Apollo Gold & Silver Corp. has closed the amalgamation transaction and has acquired all the issued and outstanding shares of privately held Stronghold Silver Corp. Apollo now holds rights to three large scale silver projects: Waterloo and Langtry in California and The Silver District in Arizona. With the closing of the Transaction Apollo has become a leading US focused silver exploration and development company.

Tom Peregoodoff, CEO, said, “I am very pleased to announce the unconditional closing of the Apollo-Stronghold amalgamation. It is the culmination of the hard work of a number of people whom I wish to thank. I also wish to acknowledge the tremendous support we received from current shareholders and welcome the new institutional backers who strongly support the financing. I very much look forward to working with all stakeholders as we deliver on our stated objective of creating an intermediate US focused pure silver company and realize the value of our portfolio of high-quality advanced silver assets.”