Guanajuato Silver Company Ltd. is pleased to provide selected 2021 production and exploration highlights. 2021 Highlights: Approximately 238,000 AgEq ounces produced during November and December 2021;199,500 AgEq ounces sold during the same period. With first concentrate sales in late October, 2021 revenue to December 31, 2021 totaled approximately US$4.1M. A total of 76,000 tonnes mined from different locations at El [...]
Guanajuato Silver Company Ltd. announces that it will begin processing 3rd party silver and gold mineralized material at its El Cubo mill located 11km east of Guanajuato, Mexico. Third-Party Minerals Processing: GSilver announces it has signed a contract to purchase approximately 4,000 tonnes of silver and gold mineralized material from a mining operation located in the Guanajuato area. This material will be processed at [...]
Guanajuato Silver Company Ltd. is pleased to provide drilling results from its ongoing diamond drill programs at its 100% owned El Cubo mine and its 100% owned El Pinguico exploration project, located east and south, respectively, of the city of Guanajuato. Highlights include: 0.6 m of 538 gpt AgEq drilled at El Cubo. 25.85 m of 235 gpt AgEq drilled at El Cubo. 0.55 metres of 228 gpt AgEq drilled at El Pinguico . Over [...]
Guanajuato Silver Company Ltd. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement offering totalling C$9.52 million announced November 18, 2021, and expanded on November 29, 2021 and again on December 6, 2021. The Company issued 2,402,634 units for gross proceeds of C$1,321,449 in the second tranche for a total Offering of 17,304,306 Units for gross proceeds of [...]
Guanajuato Silver Company Ltd. announces a further increase to its non-brokered private placement. Private Placement: GSilver announces that due to additional increased demand the Company has again expanded the size of its non-brokered private placement financing announced on November 18, 2021 and expanded on November 29, 2021. Subject to acceptance of the TSXV, the Private Placement will now consist of a total of [...]
Guanajuato Silver Company Ltd. is pleased to announce that it has closed the first tranche of its non-brokered private placement offering of up to 16,000,000 units at a price of C$0.55 per Unit first announced on November 18. The Company has issued a total of 14,957,672 Units for gross proceeds of $8,195,920; each Unit consists of one common share of the Company and one half of a common share purchase warrant . Each [...]
Company Expands Private Placement Guanajuato Silver Company Ltd. is pleased to provide a production update on the continuing ramp-up at its 100% owned El Cubo silver and gold mine in Guanajuato. Concentrate Sales: On November 15, 2021, the Company received provisional proceeds of approximately US$750,000 from the sale of a second delivery of precious metals concentrate from El Cubo. This second shipment consisted of [...]
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 [...]