Vancouver, Canada – August 23, 2022 – Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) (“Aztec”) and Kootenay Silver Inc. (TSXV: KTN) (“Kootenay”) are pleased to announce the closing of the transaction whereby Aztec indirectly acquired Kootenay’s 35% interest in the joint venture company (“JV Corp.”) that holds the Cervantes porphyry gold-copper project in Sonora, Mexico (the “Transaction”), which was previously announced on July 26, 2022.