Guanajuato Silver Company Ltd.

Endeavour Silver and Ocean Partners Provide Lead Orders Guanajuato Silver Company Ltd. is pleased to announce that it has arranged a non-brokered private placement offering of 15,000,000 units at a price of $0.55 per Unit for estimated gross proceeds of C$8,250,000. Each Unit consists of one common share and one-half of a share purchase warrant, each whole warrant exercisable to purchase one common share at C$0.75 for a [...]

Guanajuato Silver Company Ltd. announces that it has arranged for early payment of the US$2.5 million promissory note issued to Endeavour Silver Corp. in connection with the Company's acquisition of the El Cubo mine and mill complex due April 9, 2022. In consideration for the early payment, Endeavour has agreed to reduce the principal amount of the note by US$25,000 and settle the Mexican value added tax payable on the [...]

Guanajuato Silver Company Ltd. is pleased to announce that its first shipment of precious metals concentrate from its newly refurbished El Cubo mill has been delivered and sold as per the Company's previously announced concentrate sales agreement with Ocean Partners UK Ltd. Concentrate Sales: A total of approximately 75 tonnes of bulk silver and gold concentrate worth approximately US$480,000.00 was delivered and sold [...]

Guanajuato Silver Company Ltd. is pleased to announce that processing of silver and gold bearing material has commenced at its El Cubo mine and mill located 11km east of the city of Guanajuato. The Company's first concentrate sales are anticipated to occur before the end of October, 2021. James Anderson, Chairman and CEO of GSilver commented, "We have achieved yet another significant milestone - on track, on time and on [...]

Guanajuato Silver Company Ltd. is pleased to announce that at its 2021 annual general meeting held on September 23, 2021, in Vancouver, shareholders voted in favour of all items of business with a total of 82,639,386 votes cast or represented by proxy at the AGM, representing 41.065 per cent of the outstanding common shares as of the record date. All director nominees were re-elected and the table below is a tabulation of [...]

Guanajuato Silver Company Ltd. is pleased to have entered into a silver and gold concentrate sales agreement with Ocean Partners Ltd. of Berkshire. The Company continues to pre-commission the El Cubo plant in anticipation of first commercial production, which is anticipated in October 2021. Concentrate sales agreement: GSilver has signed a silver and gold concentrate sales agreement with MK Metal Trading Mexico, S.A. DE [...]

Guanajuato Silver Company Ltd. is pleased to announce that underground infill and expansion drilling has commenced at its El Cubo mine located 11km east of the city of Guanajuato. Meanwhile, re-commissioning of the Company's primary crusher has been completed in anticipation of the re-commencement of operations at the El Cubo processing plant. El Cubo Drilling: GSilver has hired Rockdrill Mining S.A. de C.V. of [...]

Guanajuato Silver Company Ltd. is pleased to announce that crews have begun stockpiling mineralised material from its El Cubo mine in anticipation of the recommencement of operations at the El Cubo mill. In addition, the Company has signed a mine development and production agreement with contract mining group MGA to execute contract mining services at El Cubo until December 31, 2022. Re-commencement of mining at El Cubo [...]

Funds to be Used for Planned El Cubo Restart Guanajuato Silver Company Ltd. announces it has drawn down US$7,500,000 from its loan facility with European based metals trading firm OCIM Group. This non-dilutive financing is designed to strengthen the Company's balance sheet during the refurbishment of the Company's El Cubo mine and mill complex located approximately 11 kilometers east of the city of Guanajuato, in central [...]

Guanajuato Silver Company Ltd. is pleased to provide additional drilling results from its ongoing diamond drill program at the El Pinguico project located 7km south of the city of Guanajuato. Results: Both drill holes P21-09 and P21-10 cut through intervals of both the San Jose and El Pinguico veins from the San Jose #1 drill station. Especially noteworthy, P21-10 was drilled 'up' at a +30-degree angle to test for [...]