Silverco Provides Update on Nuevo Silver

Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - Silverco Mining Ltd. (TSXV: SICO) ("Silverco" or the "Company") provides further information in connection with the previously announced transaction pursuant to the binding letter with Nuevo Silver Inc. ("Nuevo Silver"). Nuevo Silver has advised the Company that Nuevo Silver's purchase of the La Negra Mine in Querétaro Mexico has been completed. As previously announced on January 20, 2026, Silverco is proposing to acquire Nuevo.
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - Silverco Mining Ltd. (TSXV: SICO) ("Silverco" or the "Company") provides further information in connection with the previously announced transaction pursuant to the binding letter with Nuevo Silver Inc. ("Nuevo Silver"). Nuevo Silver has advised the Company that Nuevo Silver's purchase of the La Negra Mine in Querétaro Mexico has been completed. As previously announced on January 20, 2026, Silverco is proposing to acquire Nuevo.