Arizona Silver Exploration Announces AGM Results

Vancouver, British Columbia, July 2, 2020 – Arizona Silver Exploration Inc. (TSXV: AZS) (OTCQB: AZASF) is pleased to announce that all resolutions as set out in the Company’s notice of meeting and information circular dated May 22, 2020, were passed by the requisite majority at its annual general meeting held in Vancouver, B.C. on June 26, 2020 (the “AGM”).

A total of 10,755,901 common shares or 21.73% of the Company’s issued and outstanding common shares were represented in person or by proxy at the AGM.

The nominees listed in the management information circular, being Mike Stark, Gregory Hahn, Brady Stiles, David Vincent and Eugene Spiering were re-elected as directors of the Company.

The following table details the results of the voting at the AGM:

Resolutions  Votes ForVotes Against  Votes Withheld
Set number of Directors at 5100%0%0%
Re-Elect Mike Stark100%0%0%
Re-Elect Gregory Hahn100%0%0%
Re-Elect Brady Stiles100%0%0%
Re-Elect David Vincent100%0%0%
Re-Elect Eugene Spiering100%0%0%
Re-Appoint Smythe LLP100%0%0%
Re-approve Stock Option Plan99.9%  0.1%0%

Following the AGM, the Board of Directors re-appointed Mike Stark as Chairman, President and CEO, Gregory Hahn as Vice-President, Exploration and Dong H. Shim as CFO and Corporate Secretary.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX) have approved this release.

On behalf of the Board of Directors:

ARIZONA SILVER EXPLORATION INC.

Mike Stark, CEO, President Phone:
(604) 833-4278

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects of the 2019 exploration program; objectives or expectations of the Company. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.