News Summary

• Apollo Silver Corp. is pleased to announce a non-brokered private placement offering of up to 5,800,000 units (the “Units”) of the Company at a price of $3.60 per Unit.
• The Company intends on using the net proceeds from the Offering to continue advancing the Calico Silver Project in San Bernardino, California; to support community relations initiatives at Cinco de Mayo silver Project in Chihuahua, Mexico; to cover ongoing property maintenance costs at both projects; and for general corporate purposes.