Pinnacle Silver and Gold Corp. Announces Debt Settlement via Share Issuance

Vancouver, BRITISH COLUMBIA — June 16, 2025 — NewsWall — Pinnacle Silver and Gold Corp. (TSXV: PINN, US: NRGOF, Frankfurt: P9J) announced that it has agreed with certain creditors to accept shares in the company in settlement of their debt, in order to conserve capital and improve the balance sheet. Subject to TSXV approval, the aggregate number of shares to be issued is 2,491,667 at a price of $0.06 per share, for settlement of $149,500.00. All securities issued will be subject to a four-month hold period.

The issuance of common shares to directors and officers of the Company constitutes a "related party transaction" as defined in Multilateral Instrument 61-101. The directors and officers of the Company determined that the fair market value of the common shares being issued and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101.

Pinnacle is focused on district-scale exploration for precious metals in the Americas. The addition of the high-grade Potrero gold-silver project in Mexico complements the Company’s project portfolio and provides the potential for near-term production. In the Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project.

Robert A. Archer, President & CEO

For further information contact: Email: info@pinnaclesilverandgold.com Tel.: +1 (877) 271-5886 ext. 110

Source: Pinnacle Silver and Gold Corp.