Guanajuato Silver Welcomes US-Based Institutional Fund as New Shareholder

March 08, 2023 – Vancouver, British Columbia – Guanajuato Silver Company Ltd. (the “Company” or “GSilver”)
(TSXV:GSVR)(AQUIS:GSVR)(OTCQX:GSVRF) is pleased to announce that a leading US-based institutional investor has acquired a significant equity position in the company through the purchase of approximately 24,000,000 common shares representing the majority of the equity position previously held by Great Panther Mining Ltd. (“Great Panther”); the remaining Great Panther equity position was purchased by other investors. The Great Panther shares were sold by a trustee appointed to represent the interests of the Great Panther stakeholders.

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