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		<title>Sierra Madre Gold &amp; Silver News Releases</title>
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		<description>Latest news from Sierra Madre Gold &amp; Silver, as distributed by TMX Newsfile.</description>
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		<copyright>CopyRight (c) 2026, Newsfile Corp. All Rights Reserved.</copyright>
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			<title>Sierra Madre Gold &amp; Silver News Releases</title>
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			<title>Sierra Madre Receives Mexican Antitrust Approval for the Acquisition of the Del Toro Mine</title>
			<link>https://www.newsfilecorp.com/release/298661/Sierra-Madre-Receives-Mexican-Antitrust-Approval-for-the-Acquisition-of-the-Del-Toro-Mine</link>
			<description>Vancouver, British Columbia--(Newsfile Corp. - May 22, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that it has received approval for the acquisition ("Acquisition") of the Del Toro Silver Mine in the Chalchihuites District in Mexico ("Del Toro") from Mexico's antitrust agency, the Comisión Federal de Competencia Económica ("COFECE"). Alex Langer, Chief Executive Officer, commented, "Receiving COFECE approval is a...&lt;img src="https://api.newsfilecorp.com/newsinfo/298661/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Fri, 22 May 2026 16:19:00 -0400</pubDate>
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			<title>Sierra Madre Reports Strong Q1 2026 Financial Results, Record Quarterly Revenues</title>
			<link>https://www.newsfilecorp.com/release/297923/Sierra-Madre-Reports-Strong-Q1-2026-Financial-Results-Record-Quarterly-Revenues</link>
			<description>128,827 Silver Equivalent Ounces Sold in Q1 2026 Quarterly Net Revenues of US$10.1 Million and Adjusted EBITDA of US$2.8 Million First Phase of La Guitarra Capacity Expansion on Schedule for Completion by the End of Q2 2026Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to provide financial results for the quarter ended March 31, 2026 ("Q1 2026"). Unless otherwise noted, all...&lt;img src="https://api.newsfilecorp.com/newsinfo/297923/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Tue, 19 May 2026 07:00:00 -0400</pubDate>
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			<title>Sierra Madre Reports Q4 and Year-End 2025 Financial Results, Positive Operating Performance</title>
			<link>https://www.newsfilecorp.com/release/294717/Sierra-Madre-Reports-Q4-and-YearEnd-2025-Financial-Results-Positive-Operating-Performance</link>
			<description>628,196 Silver Equivalent Ounces Sold in 2025 Annual Net Revenues of US$25 Million and Adjusted EBITDA of US$6 Million Two-Stage La Guitarra Capacity Expansion on Schedule for Phase 1 Commissioning by the End of Q2 2026Vancouver, British Columbia--(Newsfile Corp. - April 29, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce its audited consolidated financial results for the year ended December 31, 2025 including results...&lt;img src="https://api.newsfilecorp.com/newsinfo/294717/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Wed, 29 Apr 2026 07:13:00 -0400</pubDate>
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			<title>Sierra Madre Announces Shareholder Approval of Acquisition of Del Toro Silver Mine</title>
			<link>https://www.newsfilecorp.com/release/294820/Sierra-Madre-Announces-Shareholder-Approval-of-Acquisition-of-Del-Toro-Silver-Mine</link>
			<description>Vancouver, British Columbia--(Newsfile Corp. - April 28, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that at its special meeting of shareholders held on April 28, 2026 (the "Meeting"), shareholders approved the previously announced acquisition (the "Acquisition") of the Del Toro Silver Mine in the Chalchihuites District in Mexico ("Del Toro") from First Majestic Silver Corp. ("First Majestic"). For further...&lt;img src="https://api.newsfilecorp.com/newsinfo/294820/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Tue, 28 Apr 2026 21:14:00 -0400</pubDate>
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			<title>Sierra Madre Repays US$2.5 Million of First Majestic Loan</title>
			<link>https://www.newsfilecorp.com/release/289416/Sierra-Madre-Repays-US2.5-Million-of-First-Majestic-Loan</link>
			<description>Vancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that, to date, it has repaid US$2.5 million of the US$5 million non-revolving, secured term loan ("Loan") between First Majestic Silver Corp. ("First Majestic") and the Company. Please see the Company's press release dated May 8, 2024 for details of the original loan announcement and the Company's press release dated...&lt;img src="https://api.newsfilecorp.com/newsinfo/289416/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Tue, 24 Mar 2026 07:00:00 -0400</pubDate>
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			<title>Sierra Madre Provides Update on Production Expansion and Equipment Purchases at La Guitarra</title>
			<link>https://www.newsfilecorp.com/release/283947/Sierra-Madre-Provides-Update-on-Production-Expansion-and-Equipment-Purchases-at-La-Guitarra</link>
			<description>Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to provide an update on the progress of the planned two-stage expansion at its La Guitarra silver-gold mine complex. The first stage of the expansion would increase production rates from the current 500 tonnes per day ("tpd") to 750 tpd to 800 tpd of processing capacity. Processing plant and tailings handling upgrades and...&lt;img src="https://api.newsfilecorp.com/newsinfo/283947/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Tue, 17 Feb 2026 07:00:00 -0500</pubDate>
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			<title>Sierra Madre Announces Closing of Second Tranche of its $57.5 Million Offering</title>
			<link>https://www.newsfilecorp.com/release/282161/Sierra-Madre-Announces-Closing-of-Second-Tranche-of-its-57.5-Million-Offering</link>
			<description>Vancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) ("Sierra Madre" or the "Company") is pleased to announce it has closed the second and final tranche (the "Second Tranche") of its previously announced brokered private placement of subscription receipts (the "Subscription Receipts") at a price of $1.30 per Subscription Receipt (the "Issue Price"). In connection with the Second Tranche, the Company issued 13,709,576 Subscription...&lt;img src="https://api.newsfilecorp.com/newsinfo/282161/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Fri, 30 Jan 2026 09:51:00 -0500</pubDate>
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			<title>Sierra Madre Secures Land Use Authorization and Expands Land Holdings at Tlacotal</title>
			<link>https://www.newsfilecorp.com/release/281708/Sierra-Madre-Secures-Land-Use-Authorization-and-Expands-Land-Holdings-at-Tlacotal</link>
			<description>Vancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that authorization has been received for a change of land use for the Tlacotal property, located within the East District of the La Guitarra silver-gold complex in Estado de Mexico, Mexico. In addition, land purchase agreements covering the Tlacotal permit area plus an adjacent 33.1 hectares have been executed. ...&lt;img src="https://api.newsfilecorp.com/newsinfo/281708/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Tue, 27 Jan 2026 07:00:00 -0500</pubDate>
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			<title>Sierra Madre Announces Closing of $40 Million First Tranche of its $50 Million Offering</title>
			<link>https://www.newsfilecorp.com/release/280395/Sierra-Madre-Announces-Closing-of-40-Million-First-Tranche-of-its-50-Million-Offering</link>
			<description>Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) ("Sierra Madre" or the "Company") is pleased to announce it has closed the first tranche (the "First Tranche") of its previously announced brokered private placement offering pursuant to an agency agreement dated January 14, 2026 (the "Agency Agreement") entered into by the Company, Beacon Securities Limited ("Beacon") as lead agent and sole bookrunner, Canaccord Genuity Corp., BMO...&lt;img src="https://api.newsfilecorp.com/newsinfo/280395/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Wed, 14 Jan 2026 13:58:00 -0500</pubDate>
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			<title>Sierra Madre Announces Agreement to Acquire the Del Toro Silver Mine from First Majestic Silver and Concurrent $50 Million Offering of Subscription Receipts</title>
			<link>https://www.newsfilecorp.com/release/278418/Sierra-Madre-Announces-Agreement-to-Acquire-the-Del-Toro-Silver-Mine-from-First-Majestic-Silver-and-Concurrent-50-Million-Offering-of-Subscription-Receipts</link>
			<description>Addition of second production-ready asset to the Sierra Madre portfolioDel Toro mine restart to follow La Guitarra ExpansionsVancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Purchase Agreement") on December 17, 2025 to acquire the Del Toro Silver Mine in the Chalchihuites District in Mexico ("Del Toro") from...&lt;img src="https://api.newsfilecorp.com/newsinfo/278418/156" id="156" width="2" height="2" style="width: 1px;  height: 1px;border: 0px solid;" /&gt;</description>
			<pubDate>Wed, 17 Dec 2025 16:50:00 -0500</pubDate>
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