Sierra Metals Inc.

0.39

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 Responds to Most Recent Claims Made by Shareholder

Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) today issues a statement in response to the news release issued by its shareholder Arias Resource Capital (“ARC”) and its principal, Alberto Arias on May 15, 2023 (the “ARC News Release”) and ARC’s circular dated May 11, 2023 (the “ARC Circular”). Once again, the Company believes it has an obligation to its shareholders to correct false or misleading statements made by ARC. The ARC News Release’s description of the Company’s 2021 strateg...

Sierra Metals Reports Continued Improved Financial Results for the First Quarter Of 2023

Sierra Metals Inc. (TSX: SMT) ("Sierra Metals" or "the Company") today reported financial results for the three-month period ended March 31, 2023, including revenue of $58.5 million and adjusted EBITDA(1) of $15.2 million on throughput of 577,284 tonnes and metal production of 18.0 million copper equivalent pounds. Ernesto Balarezo, Interim CEO of Sierra Metals, commented, “Our financial performance improved significantly in Q1 2023 compared to Q4 2022, consistent with the operating gains we announced last month. The scale of the turnaround is highlighted by seque...

REPEAT - Arias Resource Capital Corrects Record on Sierra Metals' Failed 2021 Strategic Review Process and Kolpa Transaction Discussions

MIAMI, May 15, 2023 (GLOBE NEWSWIRE) -- Arias Resource Capital Fund II L.P. and Arias Resource Capital Fund II (Mexico) L.P. (the “Nominating Shareholders”), together with other affiliates of Arias Resource Capital and its principal (together with the Nominating Shareholders, “ARC”) today responded to the misleading and inaccurate statements made by the board of directors (the “Sierra Board”) of Sierra Metals Inc. (“Sierra” or the “Company”) (TSX: SMT) following the close of business on Friday, May 12, 2023 and ear...

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