Business
GR Silver Closes $20.0 Million Bought Deal Offering with Full Exercise of Over-Allotment Option
GR Silver Mining Ltd. ("GR Silver Mining" or the "Company") (TSXV: GRSL) (FRANKFURT: GPE) announces that it has completed its previously announced (see news ...
About this update from Gr Silver Mining Ltd.
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/","length":86,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Dec. 17, 2025 /CNW/ - GR Silver Mining Ltd. ("GR Silver Mining" or the "Company") (TSXV: GRSL) (FRANKFURT: GPE) announces that it has completed its previously announced (see news release dated December 1, 2025) underwritten private placement offering (the "Offering") issuing 66,666,832 units of the Company (the "Units") at a price of $0.30 per Unit (the "Issue Price"), for aggregate gross proceeds of $20,000,049.60. The Offering included 8,332,833 Units ($2,499,849.90) sold pursuant to the full exercise of the over-allotment option granted to Research Capital Corporation as the sole bookrunner and co-lead underwriter (and together with Red Cloud Securities Inc. as co-lead underwriter, collectively, the "Underwriters") pursuant to the Underwriting Agreement (defined below).","length":863,"tagName":"p"},{"type":"image","alt":"GR Silver Mining Ltd. Logo (CNW Group/GR Silver Mining Ltd.)","displaySize":"","headline":null,"caption":"GR Silver Mining Ltd. Logo (CNW Group/GR Silver Mining Ltd.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":104,"url":"https://media.zenfs.com/en/cnwgroup.com/6b3add5ed6c783423038475a56671181"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wInozc532tgDrERboWU3Uw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4MztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/6b3add5ed6c783423038475a56671181","width":400,"height":104}},"href":"https://mma.prnewswire.com/media/2847922/GR_Silver_Mining_Ltd__GR_Silver_Closes__20_0_Million_Bought_Deal.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Marcio Fonseca (CEO) Comments: "This Milestone financing comes in an environment where the silver price exceeds US$60 per ounce. The Company is now financially capable (with more than $28.5M in its treasury), to carry-out an aggressive step-out and exploration drilling campaign at San Marcial Area, Plomosas Project, with the goal to significantly increase the NI 43-101 Mineral Resource Estimate, followed by a planned Preliminary Economic Assessment Report in the second half of 2026. Management expects 2026 to become a game-changing year for...