Silvermet Provides Corporate Update, Announces Grant of Stock Options

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


Silvermet Inc. ("Silvermet" or the "Company") (TSX VENTURE:SYI) is pleased to
provide an update on its expansion plans. The Board of Directors of the Company
have decided to upgrade the existing Iskenderun plant as a first and less
expensive step prior to starting construction of the new processing facility in
Adana, Turkey.


Detailed engineering and permitting related to the expansion is ongoing, with
commissioning anticipated during the second half of 2015. The expansion will
increase electric arc furnace dust ("EAFD") recycling capacity from the current
60,000 metric tonnes per annum to 110,000 metric tonnes per annum, which will
allow for a significant increase in zinc concentrate production to over
50,000,000 pounds of contained zinc per annum.


Silvermet also announced today the grant of 5,400,000 stock options at $0.10 per
share to the Board, management and consultants. This grant includes the
replacement of 3,900,000 options that expired in March, 2014.


About Silvermet:

Silvermet's principal business activity is the development of the electric arc
furnace dust ("EAFD") recycling business in Turkey to recover zinc in
concentrate, which is sold to smelters, primarily in the European market. The
Company owns 49% of a joint venture, Befesa Silvermet Turkey S.L. ("BST"), which
operates a Waelz kiln facility located in Iskenderun, Turkey.


"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release."


Caution concerning forward-looking statements: The information in this release
may contain forward-looking information under applicable securities laws. This
forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause actual results to differ materially from those
implied by the forward-looking information. Factors that may cause actual
results to vary include, but are not limited to, inaccurate assumptions
concerning the exploration for and development of mineral deposits, political
instability, currency fluctuations, unanticipated operational or technical
difficulties, changes in laws or regulations, the risks of obtaining necessary
licenses and permits, changes in general economic conditions or conditions in
the financial markets and the inability to raise additional financing. Readers
are cautioned not to place undue reliance on this forward-looking information.
The Company does not assume the obligation to revise or update this
forward-looking information after the date of this release or to revise such
information to reflect the occurrence of future unanticipated events except as
may be required under applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Silvermet Inc.
Stephen G. Roman
Chairman, President & CEO
[e-mail]


Silvermet Inc.
Ian D. Atacan
Chief Financial Officer
[phone]
[phone] (FAX)
[e-mail]
www.silvermet.ca