Apollo Gold & Silver Corp. announced it has entered into a definitive acquisition agreement dated May 11, 2021, to acquire all the issued and outstanding shares of privately held Stronghold Silver Corp. Stronghold holds rights to three large scale silver projects: Waterloo and Langtry in California and The Silver District in Arizona. Upon closing of the Transaction Apollo will become a leading US focused silver exploration and development company. In addition to the above Transaction, the company announced certain changes to its board of directors and management. Effective May 1, 2021, Tom Peregoodoff will be appointed President and will join the board. In addition, upon close of the Transaction, James Hynes will be appointed to the board of Apollo. Mr. Peregoodoff has over 30 years of mineral resource exploration and development experience His last management position was President and CEO of Peregrine Diamonds Ltd. where he led the company from the resource development phase through to the eventual sale to DeBeers Canada in 2018. Mr. Peregoodoff spent 18 years in several positions with the mining multinational BHP. His final role was Vice President of Early-Stage Exploration, with global responsibility for all early-stage exploration across their commodity groups. Mr. Peregoodoff serves as a director of Pretium Resources Inc, Mountain Province Diamonds Inc. and Tempus Resources Limited of Perth, Australia. Mr. Hynes, founder of Stronghold, is a geological engineer and entrepreneur with over 20 years of experience in the mining and metals sector. Mr. Hynes is also the Founder and Executive Chairman of both KORE Mining and Karus Gold.