Sierra Metals Inc.

2

Canada & Ontario Toronto

79 Wellington Street West, Suite 2100, P.O. Box 157

+1 866 493-9646

www.sierrametals.com

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Company Press Releases

Sierra Metals Reports Solid Consolidated Financial Results for the Second Quarter of 2020, Despite COVID-19 Interruptions

Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today reported solid consolidated financial results despite the effects of the COVID-19 pandemic, including a strong performance from the Bolivar Mine. Results included revenue of $41.9 million and adjusted EBITDA of $12.6 million on throughput of 511,485 tonnes and metal production of 22.7 million copper equivalent pounds, or 3.3 million silver equivalent ounces, or 61.4 million zinc equivalent pounds for the three month period ended June 30, 2020. This press release...

Sierra Metals Reports Q2-2020 Financial Results at Its Sociedad Minera Corona Subsidiary in Peru

Sierra Metals Inc. (TSX:SMT) (BVL:SMT) (NYSE AMERICAN:SMTS) ("Sierra Metals" or "the Company") announces the filing of Sociedad Minera Corona S.A.’s (“Corona”) unaudited Financial Statements and the Management Discussion and Analysis (“MD&A”) for the second quarter of 2020 (“Q2 2020”). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200731005445/en/Yauricocha Mine, Peru (Photo: Business Wire) The Company holds an 81.8% interest in Corona. All amounts are prese...

Sierra Metals Announces Restart of Production at Its Cusi Silver Mine, Mexico

Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL: SMT) ("Sierra Metals" or the "Company") announces that it has restarted operations and production at its Cusi Silver Mine in Mexico. The Company has implemented a process at the mine to mitigate COVID-19 risk to employees at the site, and the surrounding communities, through a testing and quarantine methodology similar to the Company's other operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200728005214/en/Cusi Mine Arial View (Photo: Busine...

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