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Guanajuato Silver Announces Closing of Over-Allotment Option for Bought Deal Public Offering
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS R...
About this update from Guanajuato Silver Company Ltd.
[{"type":"text","content":"Guanajuato Silver Announces Closing of Over-Allotment Option for Bought Deal Public OfferingTHIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. VANCOUVER, BC / ACCESS Newswire / October 31, 2025 / Guanajuato Silver Company Ltd. (the \"Company\" or \"GSilver\") (TSXV:GSVR), a growing Mexican-based precious metals producer, is pleased to announce that further to its successfully completed \"bought deal\" public offering of 87,000,000 units of the Company (the \"Units\") at a price of C$0.50 per Unit for gross proceeds of C$43,500,000 (the \"Offering\"), Canaccord Genuity Corp. and Red Cloud Securities Inc., as co-lead underwriters and joint bookrunners (collectively, the \"Underwriters\") have purchased an additional 6,525,000 common share purchase warrants (each, a \"Warrant\") pursuant to their exercise of the over-allotment option (the \"Over-Allotment Option\") granted by the Company, generating additional gross proceeds to the Company of C$522,000.Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of C$0.65 at any time before 5:00 p.m. (Vancouver time) on October 9, 2028.In consideration for their services in connection with the Over-Allotment Option, the Underwriters received a total cash commission of C$31,320.This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"1933 Act\"), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws or an exemption from such registrations are available. No public offering of securities is being made in the United States. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful.About Guanajuato SilverGSilver is a precious metals producer engaged in reactivating past p...