Business
Guanajuato Silver Graduates to TSX Venture Exchange Tier 1 Status
VANCOUVER, BC / ACCESS Newswire / February 12, 2025 / Guanajuato Silver Company Ltd. (the " Co...
About this update from Guanajuato Silver Company Ltd.
[{"type":"text","content":"Guanajuato Silver Graduates to TSX Venture Exchange Tier 1 Status VANCOUVER, BC / ACCESS Newswire / February 12, 2025 / Guanajuato Silver Company Ltd. (the \"Company\" or \"GSilver\") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to announce the receipt from the TSX Venture Exchange (\"TSXV\") of approval for graduation from Tier 2 Issuer Status to Tier 1 Issuer Status. GSVR will commence trading as a Tier 1 Issuer on February 14, 2025.Tier 1 is the TSXV's premier tier and is reserved for the TSXV's most advanced issuers with the most significant financial resources. The TSXV classifies issuers into different tiers based on certain standards including historical financial performance, stage of development and financial resources.Research AgreementAdditionally, the Company has entered into an agreement with Epstein Research to increase investor engagement and create more awareness for the Company, starting from the approval of the TSXV. Epstein Research's engagement is for an initial term of three (3) months and is subject to renewal or cancellation on thirty days notice in accordance with its terms (the \"Term\").Epstein Research operates from New York, New York, and provides promotional services, including social media and online advertising of the Company posted on Epstein Research homepage, CEO.ca, Substack, and LinkedIn; monthly written articles on the Company and/or CEO interviews written exclusively by Peter Epstein. The Company will pay Epstein Research an amount of US$6,000 for the Term for these services in equal monthly installments over a three-month period. There are no common shares or options to be received as compensation in the service agreement. The Company will pay for the services from its cash on hand. In addition, Epstein Research is an unrelated and unaffiliated entity in respect of the Corporation and, at the time of the agreement, Mr. Epstein owns securities of the Company purchased on the open market. The Company has previously convened a trial with Mr. Epstein from June 2022 to December 2024 for the same services mentioned above for a total amount of US$22,650.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, Valenciana Mines Complex, and the San Ignac...