Business
Guanajuato Silver Announces Grant of Stock Options and RSUs
VANCOUVER, BC / ACCESSWIRE / March 15, 2024 / Guanajuato Silver Company Ltd. (the " Company " or...
About this update from Guanajuato Silver Company Ltd.
[{"type":"text","content":"Guanajuato Silver Announces Grant of Stock Options and RSUsVANCOUVER, BC / ACCESSWIRE / March 15, 2024 / Guanajuato Silver Company Ltd. (the \"Company\" or \"GSilver\") (TSXV:GSVR)(OTCQX:GSVRF) announces the granting of stock options and restricted share units (RSUs) to select officers, directors, employees and consultants under the Company's stock option plan and omnibus equity compensation plan, respectively.The Company has granted stock options to purchase up to an aggregate of 4.2 million common shares of the Company. The stock options will be exercisable for a term of five years from today's date at a price of $0.20 per share pursuant to its stock option plane, subject to vesting on the basis of one-third on the date of grant, one third after 12 months and one-third after 24 months.In addition, the Company has granted an aggregate of up to 1,600,000 RSUs vesting after twelve months from today's date. Each RSU entitles the holder to receive, upon vesting, one common share of the Company.About Guanajuato SilverGSilver is a precious metals producer engaged in reactivating past producing silver and gold mines in central Mexico. The Company produces silver and gold concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mines are located within the state of Guanajuato, which has an established 480-year mining history. Additionally, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. With four operating mines and three processing facilities, Guanajuato Silver is one of the fastest growing silver producers in Mexico.ON BEHALF OF THE BOARD OF DIRECTORS\"James Anderson\"Chairman and CEOFor further information regarding Guanajuato Silver Company Ltd., please contact:JJ Jennex, Gerente de Comunicaciones, T: 604 723 1433E: [email protected] Gsilver.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release contains certain forward-looking statements and information, which relate to future events or future performance including, but not limited to the Company's status as one of the fastest growing silver producers in Mexico.Such forward-looki...