GR Silver Mining Completes Oversubscribed $11,534,500 Bought Deal Financing

Vancouver, BC – GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce that it has completed its previously announced bought deal private placement (the “Offering”) of an aggregate of 19,550,000 units of the Company (the “Units”) at a price of $0.59 per Unit (the “Issue Price”) for gross proceeds of $11,534,500, which was oversubscribed and included the exercise of the underwriters’ option in full.

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