GSilver Announces C$8.25M Private Placement

VANCOUVER, BC / ACCESSWIRE / November 18, 2021 / Guanajuato Silver Company Ltd. (the “Company” or “GSilver“) (TSXV:GSVR)(OTCQX:GSVRF) is pleased to announce that it has arranged a non-brokered private placement offering (the “Offering”) of 15,000,000 units (the “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 period, subject to acceleration, of two years after closing.

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