Aftermath Silver Appoints Galiant Partners as Critical Minerals Advisors
FOR IMMEDIATE RELEASE January 23, 2025
(AAG2025 – NR #02)
AFTERMATH SILVER APPOINTS GALIANT PARTNERS AS
CRITICAL MINERALS ADVISORS
Vancouver, BC, January 23, 2025 – Aftermath Silver Ltd. (the “Company” or “Aftermath Silver ”)
(TSX-V: AAG) (OTCQB: AAGFF) is pleased to announce the appointment of Galiant Partners as
advisors to the Company.
Galiant Partners is a leading independent management and financial consulting firm focused
exclusively on the metals, mining and related sectors. Founded in 2017 and headquartered in
London, Galiant Partners focuses on supporting mining companies through key stages of
project development and the structuring and securing of associated financing . Galiant
Partners’ CEO, Jan-Erik Back, has a 25 -year track record in the metals and mining sectors . He
has held senior executive position s in global mining, engineering and investment banking
firms. With over US$100bn of previously successfully executed assignments, the Galiant
Partners team are currently supporting the growth of a number of mining companies in a
number of jurisdictions including Latin America.
Ralph Rushton, President and CEO of Aftermath Silver commented: “Berenguela is undergoing
a PEA study to confirm its potential to become a leading precious and energy transition
minerals project. Galiant Partners will play an integral part in assisting the Company to
optimize its future development and to ensure that B erenguela delivers its full potential as we
work to commercialize its unique silver -copper-manganese metals inventory . A key p art of
Galiant's mandate from Aftermath is to help advance exposure and knowledge of the p otential
of the Berenguela project amongst end users of manganese. Galiant's expertise in the battery
metals field will be invaluable to Aftermath and I look forward to working with Jan -Erik and his
team as we take our next critical next steps”
Jan-Erik Back, Founder and CEO of Galiant Partners commented: “Our focus is the identification
of mining assets that have the potential to become the next generation of world -class
operations. Berenguela has a unique potential to produce silver, copper and high -purity
manganese sulphate, each with strong long -term fun damentals, from an established mining
jurisdiction. Combined with a proven senior executive team, we are excited for the future of
Aftermath Silver and proud to have been chosen to partner with the company”
Stock Option and RSU Grants
As part of the compensation for their services, the Company has granted to Galiant Partners
600,000 incentive stock options. These options are exercisable into common shares of the
Company at an exercise price of C AD$0.495 per share for a period of 5 years from the date of
grant. The stock options are granted under the Company's stock option plan and are subject
to regulatory approval and will vest over a period of 12 months.
In addition, the Company has granted 100,000 options at an exercise price of Cnd$0.485 per
share for a period of 5 years from the date of grant to a geological consultant of the Company.
The Company has also issued a total of 550,000 Restricted Share Units to a director and a
consultant. The RSUs vest one third after 12 months and one third annually thereafter and will
fully vest on the date that is 3 years from the date of grant. Once ves ted, each RSU represents
the right to receive one common share of the Company or the equivalent cash thereof at the
Company's discretion.
Berenguela Project: Background
• The Company has an option to acquire a 100% interest in Berenguela through a binding
agreement with SSR Mining.
• Berenguela hosts a potentially open - pittable silver-copper-manganese resource close to Santa
Lucia in Puno province, southern Peru.
• Silver, copper and manganese have crucial industrial applications in the clean energy and battery
spaces. Copper and manganese have been designated critical metals by the US government and
the European Union.
• The project is less than 6km from road, rail and power lines and 4 hours from Arequipa by sealed
road.
• Aftermath published a resource estimate in March 2023 based on over 300 core and RC holes.
• Metallurgical test work is underway adding to historic work, with the goal of producing silver and
copper metal and a commercial battery-grade or fertilizer-grade manganese product.
About Aftermath Silver Ltd.
Aftermath Silver Ltd. is a leading Canadian junior exploration company focused on silver, and aims to
deliver shareholder value through the discovery, acquisition and development of quality silver projects in
stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of advancement. The
Company's projects have been selected based on growth and development potential.
ON BEHALF OF THE BOARD OF DIRECTORS
“Ralph Rushton”
Ralph Rushton
CEO and Director
604-484-7855
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
Certain of the statements and information in this news release constitute “forward -looking information”
within the meaning of applicable Canadian provincial securities laws. Any statements or information that
express or involve discussions with respect to interpretation of exploration programs and drill results,
predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as “expects”, “is expected”, “anticipates”,
“believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategies”, “targets”, “goals”,
“forecasts”, “objectives”, “budgets”, “schedules”, “potential” or variations thereof or stating that certain
actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the
negative of any of these terms and similar expressions) are not statements of historical fact and may be
forward-looking statements or information.
These statements involve known and unknown risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in such forward-looking statements. Although
the Company believes the expectations express ed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and actual results or
developments may differ materially from those in the forward-looking statements. Factors that could
cause actual results to differ materially from those in forward-looking statements include, but are not
limited to, changes in commodities prices; changes in expected mineral production performance;
unexpected increases in capital costs; exploitation and exploration results; continued availability of capital
and financing; differing results and recommendations in the Feasibility Study; and general economic,
market or business conditions. In addition, forward-looking statements are subject to various risks,
including but not limited to operational risk; political risk; currency risk; capital cost inflation risk; that data
is incomplete or inaccurate. The reader is referred to the Company’s filings with the Canadian securities
regulators for disclosure regarding these and other risk factors, accessible through Aftermath Silver’s
profile at www.sedar.com.
There is no certainty that any forward-looking statement will come to pass, and investors should not place
undue reliance upon forward-looking statements. The Company does not undertake to provide updates to
any of the forward-looking statements in this release, except as required by law.
Cautionary Note to US Investors - Mineral Resources
This News Release has been prepared in accordance with the requirements of Canadian National
Instrument 43-101 - Standards of Disclosure for Mineral Projects (''NI 43-101'') and the Canadian Institute
of Mining, Metallurgy and Petroleum Definition Standard s, which differ from the requirements of U.S.
securities laws. NI 43 -101 is a rule developed by the Canadian Securities Administrators that establishes
standards for all public disclosure an issuer makes of scientific and technical information concerning
mineral projects. Canadian public disclosure standards, including NI 43 -101, differ significantly from the
requirements of the United States Securities and Exchange Commission (the "SEC"), and information
concerning mineralization, deposits, mineral reserve and resource information contained or referred to
herein may not be comparable to similar information disclosed by U.S. companies.