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. In addition to the above Transaction, the Company announced certain changes to its board of directors ('board') and management. Effective May 1, 2021, Tom Peregoodoff will be appointed Chief Executive officer. 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. Simon Clarke will step down as CEO but remain on the board.