Guanajuato Silver Company Ltd. is pleased to announce that it has closed the first tranche of its non-brokered Listed Issuer Financing Exemption private placement of up to 17,647,059 units at a price of C$0.425 per Unit for maximum gross proceeds of C$7.5 million . The Company has issued a total of 15,952,196 Units for gross proceeds of C$6,779,683 in the first tranche; each Unit consisting of one common share of the [...]
Anticipates Closing Private Placement First Tranche December 21st Vancouver, British Columbia - Guanajuato Silver Company Ltd. is pleased to provide recent drill results from the Company's wholly owned Topia mine in Durango, Mexico. Since the acquisition of the Topia mine in August the Company has continued with exploration programs centered on delineating resources and increasing mine life. These new drill results focus [...]
Guanajuato Silver Company Ltd. is pleased to announce a non-brokered Listed Issuer Financing Exemption private placement of up to 17,647,059 units at C$0.425 for gross proceeds of C$7,500,000, subject to a minimum offering of 7,058,824 Units for gross proceeds of C$3,000,000. Each Unit will consist of one common share of the Company and one-half of one transferable share purchase warrant, each whole warrant exercisable to [...]
Guanajuato Silver Company Ltd. is pleased to announce that it has signed a new concentrate and pre-payment credit facility with Ocean Partners Limited , a UK based metals offtake and trading firm, to provide a US$5.0M revolving credit facility for operating and working capital purposes. The New Facility is in addition to the Company's existing US$5.0M credit facility advanced by Ocean Partners in August 2022 . Chairman [...]
Guanajuato Silver Company Ltd. is pleased to announce operating and financial results for the three months ended September 30, 2022. The full version of the financial statements and management's discussion and analysis can be viewed on the Company's website or on SEDAR at www.sedar.com. The following production results are from the Company's wholly owned El Cubo Mines Complex and the San Ignacio Mine in Guanajuato [...]
Guanajuato Silver Company Ltd. is pleased to announce consolidated production results for the three months ended September 30, 2022. Complete financial results are scheduled to be released on November 29, 2022 and will be available on sedar.com and the Company's website. Production results are from the Company's wholly owned El Cubo Mines Complex and the San Ignacio Mine in Guanajuato, Mexico, and the Topia Mine in [...]
Guanajuato Silver Company Ltd. is pleased to announce the partial prepayment of the two silver and gold loan/pre-payment facilities with Swiss-based precious metals trading firm, OCIM Precious Metals S.A. , . Guanajuato Silver has delivered an aggregate of 96,518 ounces of silver and 846 ounces of gold representing five months' deliveries of silver and gold ounces to OCIM thereby reducing the total number of monthly [...]
Guanajuato Silver Company Ltd. is pleased to provide drill results that confirm the discovery of a new transverse vein at the Company's wholly owned El Cubo Mine in Guanajuato, Mexico. Recent stope development and drilling in the Villalpando area of the El Cubo mine, along with detailed computer modeling and reinterpretation of past operators' drill results, has revealed a new vein structure that has been christened the [...]
Guanajuato Silver Company Ltd. is pleased to announce that it has completed its admission to the Apex segment of the Aquis Stock Exchange and trading will commence at 8:00 a.m., Tuesday October 25 BST under the ticker "GSVR" and with its existing ISIN CA40066W1068. The Company's shares will also continue to trade on the TSX Venture Exchange. Highlights In April 2021, the Company acquired the El Cubo Mines Complex in [...]
Company Provides Q4 2022 & Q1 2023 Production Estimate Guanajuato Silver Company Ltd. is pleased to announce the recommencement of mining at the Company's 100% owned Valenciana Mines Complex , in Guanajuato, Mexico. Furthermore, the Company confirms that the planned restart of milling operations at the Cata processing facility is ahead of schedule and is expected to begin before year end. Highlights: Mining of mineralized [...]
Guanajuato Silver Company Ltd. announces that the Company has arranged to issue 2,468,750 common shares of the Company at a deemed price of C$0.40 per Share in settlement of outstanding accounts payable and accrued liabilities to various parties totaling approximately C$987,000 . A private company controlled by Hernan Dorado, a director and an officer of GSilver, will receive 656,250 Shares in settlement of C$262,500 due [...]
Guanajuato Silver Company Ltd. is pleased to provide an operations update highlighting the impact of additional production from the Company's recently acquired Topia and San Ignacio mines. Highlights: 267,525 ounces of silver equivalent produced in August 2022; up 122,864 AgEq ounces or 85% from July, which only included production from El Cubo. Cash costs per AgEq ounce continue to decline at El Cubo with July costs [...]