BULLETIN V2025-3289
QUETZAL COPPER CORP. ("SICO")
(formerly Quetzal Copper Corp. ("Q"))
BULLETIN TYPE: Resume Trading, Reverse Takeover-Completed/New Symbol, Shares for Debt, Consolidation
BULLETIN DATE: October 21, 2025
TSX Venture Tier 2 Company
Resume Trading
The common shares of the Company have been halted from trading since Friday, October 17, 2025, pending completion of a Reverse Take-Over. Effective at the open, Thursday, October 23, 2025, the shares of Quetzal Copper Corp. (doing business as Silverco Mining Ltd.) will resume trading under the new symbol "SICO" (NEW CUSIP: 74841F 30 2) on TSX Venture Exchange on a consolidated basis.
Reverse Takeover-Completed/New Symbol
TSX Venture Exchange has accepted for filing the Company's Reverse Takeover ('RTO'), which includes the following transactions:
The RTO consists of the Company's arm's length acquisition of Silverco Mining Corp. ('Silverco') by way of a triangular amalgamation whereby the Company's wholly-owned subsidiary and Silverco amalgamated and continued as a wholly-owned subsidiary of the Company (the 'Amalgamation'). Pursuant to the Amalgamation, the Company issued 31,727,853 post-consolidation shares at a deemed price of $1.60 per share.
1,424,900 shares issued to Principals pursuant to the RTO will be subject to a Tier 2 Escrow Agreement to be released over a 36-month period. 5,138,040 shares issued to non-Principals pursuant to the RTO will be subject to a 1-year hold in accordance with the Exchange's Seed Share Resale Restrictions.
Shares for Debt
Debt Settled: $500,000
Securities Issued: 312,500 Listed Shares
Issue Price: $1.60 per Listed Share
Disclosure: Refer to the Company's news releases dated June 26, 2025, October 17, 2025, and October 21, 2025, and the Company's Filing Statement dated October 3, 2025 filed on SEDAR+.
Consolidation
Pursuant to consent resolutions adopted by shareholders on October 6, 2025, October 7, 2025, October 8, 2025, and October 13, 2025, the Company has consolidated its capital on a 100 old for 1 new basis. The name of the Company has not been changed.
Effective at the open, Thursday, October 23, 2025, the shares of Quetzal Copper Corp. (doing business as Silverco Mining Ltd.) will commence trading on TSX Venture Exchange on a consolidated basis.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
32,616,265 shares are issued and outstanding
Escrow Shares: 1,429,900 shares
Escrow Term: 3 years
Transfer Agent: Odyssey Trust Company
Trading Symbol: SICO (new)
CUSIP Number: 74841F 30 2 (new)
The Exchange has been advised that the above transactions, approved by shareholders on October 6, 2025, October 7, 2025, October 8, 2025, and October 13, 2025, have been completed.
The Company is classified as a 'gold and silver ore mining' company.
Company Contact: Mark Ayranto
President & CEO
Company Address: 750 - 1095 W Pender St
Vancouver, BC V6E 2M6
Company Phone Number: (778) 888-4010
Company Email Address: mayranto@silvercomining.com
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