GR Silver Mining Ltd. announced several Board and Management changes aiming to position the Company for continued growth under current market conditions. The Company has accepted the resignation of Mr. Gino DeMichele for personal reasons from its Board of Directors. Mr. DeMichele has been a director of the Company and its predecessor company since April 2017, providing highly valuable guidance and support over the many years.

GR Silver Mining welcomes the addition of two new directors to its Board of Directors, Mr. Fernando Berdegué de Cima and Mr. Trevor Woolfe. Mr. Berdegué is a Mazatlán-based entrepreneur with a BA Degree in Financial Management from Instituto Tecnológico de Monterrey and a Masters Degree in International Management from Instituto de Empresas (IE) Business School in Madrid, Spain. He is a Founding Partner and CEO of Durango Gold Corp., a private US-based mining exploration company, and was a Co-Founder and Strategic Advisor to Tonogold Resources Inc., which consolidated the historic Comstock Lode in Nevada and where he proposed an innovative multidisciplinary approach for exploration.

He brings to the Company a diverse range of education, experiences, and interests including law and humanities, environment, sustainability, governance, venture capital, and responsible mining, including extensive experience in Mexican business as a Member of the Advisory Board of the family business, El Cid Mega Resorts, in Mazatlán, Sinaloa Mexico. Mr. Berdegué, together with current director Laura Diaz, strengthens the board's knowledge and experience in carrying out business in Mexico. Mr. Woolfe is well-known to GR Silver Mining as the Company's former Vice President Exploration and Corporate Development.

He joined the Company in July 2018 and had been an important member of the geological team as understanding of mineralization at the Plomosas Project and, consequently, mineral resource inventory, grew. He was key, together with current exploration management, to the discovery of the SE Area, supporting the Company's resource growth over the last three years. Mr. Woolfe left the Company to return to his native Australia as announced in the news release dated June 14, however, his deep knowledge of all operations and assets of the Company in Mexico will provide valuable knowledge and experience to support strategic planning in the coming months.

He holds a Bachelor of Science (Honours) degree, majoring in geology, from Monash University (Australia). Prior to joining GR Silver Mining, he brought 25 years of exploration, mining, and public company management experience, including positions with Australian companies CRA, Metana Minerals NL and Newcrest Mining Limited, as well as four years with Canadian major, Placer Dome in Chile and Brazil. He is a Member of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists, a Graduate of the Australian Institute of Company Directors, and holds a Graduate Certificate in Applied Finance and Investment (SIA).