Guanajuato Silver Takes Advantage of Favourable Pricing to Further Accelerate Gold Loan Repayment

About this update from Guanajuato Silver Company Ltd.

VANCOUVER, BC / ACCESS Newswire / June 17, 2026 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to announce an additional accelerated partial repayment of the Company's gold loan with Ocean Partners UK Ltd. The Company took advantage of lower spot gold prices, as well as an early payment discount, to repay 1,448.7 ounces of gold at a gold price of US$3,830 per ounce. This payment represents all 11 monthly gold loan repayments that remained outstanding. The only remaining obligation is a final bullet payment of 2,365.8 ounces of gold which would be owing upon the gold loan's maturity date in April 2028 (See GSilver news release dated May 14, 2026). The gold loan with Ocean Partners is the sole debt obligation currently held by the Company, which at the current spot price has a mark-to-market value of approximately US$10.2M. James Anderson, Chairman and CEO, said, "Following on the heels of last month's accelerated debt repayment, we have again strengthened our balance sheet by taking advantage of the recent pull-back in the price of gold to substantially reduce our only outstanding debt obligation. Furthermore, this portion of the gold loan has been extinguished at a significant discount to the current gold spot price. We thank Ocean Partners for their continued willingness to constructively work with Guanajuato Silver to provide solutions that allow for further growth." ON BEHALF OF THE BOARD OF DIRECTORS "James Anderson"Chairman and CEO For further information regarding Guanajuato Silver Company Ltd., please contact: JJ Jennex, Corporate Affairs Director, T: 604 723 1433E: [email protected] Guanajuato Silver Bullion StorePlease visit our Bullion Store, where Guanajuato Silver coins and bars can be purchased. Neither 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 Statements This news release contains certain forward-looking statements and information, which relate to future events or future performance including, but not limited to statements regarding GSilver's growth and the repayment of remaining balance of the gold loan. Such forward-looking statements and information ref...

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