Guanajuato Silver Company Ltd. is pleased to announce that it has closed the purchase of Great Panther Mining Ltd.'s Mexican subsidiary Minera Mexicana Rosario, which owns the currently operating Topia mine and production facility and the San Ignacio mine, the Valenciana Mine Complex, and the Cata processing plant, first announced in the Company's news release of June 29, 2022. Highlights: GSilver expands to five mines [...]
Guanajuato Silver Company Ltd. is pleased to announce the closing of its equity financing of subscription receipts at a price of C$0.33 per Subscription Receipt announced on June 29, 2022 - "GSilver to Acquire 100% of Great Panther's Mexican Mining Assets"; and July 7, 2022 - "GSilver Increases Debt and Equity Financing Package to US$15.3M." Subscriptions totaling US$10,722,659.33 have been received with the funds held in [...]
Guanajuato Silver Company Ltd. reports that as of July 15, 2022 it has received subscriptions totaling approximately US$10.3M towards its equity financing of subscription receipts announced on June 29, 2022 - "GSilver to Acquire 100% of Great Panther's Mexican Mining Assets"; and July 7, 2022 - "GSilver Increases Debt and Equity Financing Package to US$15.3M." Funds Received: Of such subscriptions, wire transfers totaling [...]
Guanajuato Silver Company Ltd. announces that due to increased demand, the Company has expanded the size of its previously announced brokered private placement equity financing through a syndicate of agents including Research Capital Corporation and Canaccord Genuity Corp. as co-lead agents and joint bookrunners. The Financing will now consist of a total of up to 40,300,000 subscription receipts at a price of C$0.33 per [...]
Guanajuato Silver Company Ltd. is pleased to report the discovery of high-grade gold and silver material in an historical tailings area at the Company's wholly owned El Cubo Mine Complex in Guanajuato, Mexico. Highlights: A 43,000 sq. meter, 1.0m-1.5m thick layer of high-grade surface material has been identified from a retired tailings facility named'Mastrantos IV'. 134 shallow drillholes, totalling 220.5 drilled meters [...]
Guanajuato Silver Company Ltd. is pleased to announce its financial and operating results for the three months ended March 31, 2022. All dollar amounts are in USD. Production results are from the Company's wholly owned El Cubo Mine Complex and El Pinguico project in Guanajuato, Mexico. "We remain on track to achieve all of our 2022 production objectives," stated James Anderson, CEO of GSilver. "Higher tonnage through-put [...]
Guanajuato Silver Company Ltd. has drawn down US$7.5 million from its silver and gold pre-payment facility with Swiss-based precious metals trading firm, OCIM Precious Metals S.A., announced March 24, 2022. The net proceeds from the Pre-Payment Facility will be used to strengthen GSilver's balance sheet for ongoing capital expenditures, development and operation of the Company's El Cubo mine and mill complex located in [...]
Guanajuato Silver Company is pleased to report drill results from its ongoing exploration programs at the Company's wholly owned El Cubo Mine Complex and El Pinguico project. Highlights from Recent Drilling at the Company's Guanajuato properties: Hole VP022-002: 1,956 grams per tonne Ag and 12.90 gpt Au for 2,988 gpt AgEq over 0.55m from the Villalpando vein, at the Capulin area, at El Cubo. Holes SC22-001 and SC22-002 [...]
Guanajuato Silver Company Ltd. announces selected financial information and production results for the Company's fourth quarter, and year ended December 31, 2021. The Company's consolidated financial statements for the year ended December 31, 2021 and Management's Discussion and Analysis thereon can be viewed at www.sedar.com. Production results are from the Company's wholly owned El Cubo Mine Complex and El Pinguico [...]
Expands Relationship with OCIM to Enhance Financial Liquidity Guanajuato Silver Company Ltd. is pleased to announce that it has signed an indicative term sheet with a Swiss based precious metals trading firm: OCIM Precious Metals S.A. , to provide US$7.5m in non-dilutive financing in the form of a silver and gold pre-payment facility to strengthen its balance sheet during the ramp-up phase of the Company's El Cubo mine [...]
Guanajuato Silver Company Ltd. is pleased to announce the appointment of Mr. Ramon Davila to the position of President. Mr. Davila previously joined the Advisory Board of GSilver in February 2021, and subsequently became a full member of the Board of Directors on May 12, 2021. In his new role as President, Mr. Davila will spearhead the Company's plan to transform GSilver into a significant Mexican precious metals [...]
Guanajuato Silver Company Ltd. is pleased to provide drilling results from its ongoing diamond drill program at its 100% owned El Cubo Mine located east of the city of Guanajuato, Mexico. Highlights include: Drill results at El Cubo remain consistent with modeled ramp-up projections. A sub-parallel vein to Villalpando - the Asuncion Vein - has returned notable results. Drilling continues with two rigs operating at El Cubo [...]