Apollo Silver names Colin Sutherland as president and CEO

Apollo Silver Corp. (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF) announced that Ross McElroy has stepped down as president and chief executive officer and resigned from the company's board of directors, effective July 15, 2026.

Colin P. Sutherland, CPA, CA, has been appointed president and CEO under an agreement with the company, also effective July 15, 2026. Sutherland will not join the board at this time.

Sutherland has more than two decades of experience in mining finance, capital markets, and operations. He previously held senior roles at Capital Gold Corporation, Nayarit Gold, and McEwen Mining. At Capital Gold, he led a merger and acquisition process that included the company's combination with Nayarit Gold and its subsequent sale. He later served as president of McEwen Mining, overseeing operations and capital markets activity across its Mexican portfolio. Sutherland is a permanent resident of Mexico.

"Colin brings more than two decades of senior executive and financial leadership across gold and silver producers, having served as President, CEO, and CFO of companies operating internationally, in North America and more specifically, Mexico," said Tom Peregoodoff, executive chair of Apollo Silver.

In connection with the leadership transition, the company's board approved the grant of 250,000 incentive stock options at an exercise price of $2.52 per common share, vesting over 24 months, and 100,000 deferred share units to an officer and a director. Each option is exercisable for five years from the date of grant once vested.

Apollo Silver is developing the Calico Silver Project in the United States and holds an option on the Cinco de Mayo Project in Chihuahua, Mexico. The information in this article is based on a press release issued by Apollo Silver Corp.

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