Zacatecas Silver Corp. — Director's Dealing 2025

May 10, 2025

Zacatecas Grants Stock Options and RSUs

Vancouver, BC – May 9, 2025. Zacatecas Silver Corp. (the “Company”, ZAC: TSX Venture; ZCTSF: OTC Markets; 7TV: Frankfurt) announces that it has granted options to purchase 1,000,000 common shares at an exercise price of $0.05 per share to an officer and director of the Company. The options are exercisable for a period of five years from the date of grant. The Company also granted 1,000,000 restricted share units, subject to vesting requirements, to an officer and director of the Company that are exercisable for a period of three years from the date of grant.

On behalf of the Company
Eric Vanderleeuw
Chief Executive Officer and Director
(519) 729 2440

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Zacatecas cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Zacatecas' limited operating history, its proposed exploration and development activities on its Esperanza Gold Project and Zacatecas Silver Project and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. A Pre-Feasibility Study has commenced for the Esperanza Gold Project which will provide further information as to economic projections and assumptions related to the project, however there are currently no assurances that the project will be economically viable nor assurances that necessary financing, permitting, and metal prices will exist to enable development. Except as required under applicable securities legislation, Zacatecas does not undertake to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.