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Guanajuato Silver Company Ltd GSVRF


Primary Symbol: V.GSVR

Guanajuato Silver Company Ltd. is a Canada-based 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 Mines Complex (El Cubo), Valenciana Mines Complex (VMC), and the San Ignacio mine (San Ignacio); all three mines are located within the state of Guanajuato. Additionally, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. The Company conducts business through its four operating mines and three processing facilities.


TSXV:GSVR - Post by User

Post by WallStreetGoldon Aug 13, 2023 2:06pm
105 Views
Post# 35586062

Guanajuato Silver is cashed up!

Guanajuato Silver is cashed up!

GSVR just closed an $8M financing.

The bashers need to get some proper facts and last time I checked, some stockhouse posters have been sued for continuously defaming a company. LOL


Some info on Mexico reform laws. They reduce the lifespan of a mining concession from 100 years too 80 years. 80 years is a very LONG TIME... it's a LIFE TIME. :) 

  • Reforms to Mexico’s mining law limit harmful practices by extractive industries and improve protections for the environment and Indigenous peoples. But they’re also a far cry from the change activists had been hoping for.
  • Under the new reform, Indigenous communities will receive 5% of a mining operation’s profits. The maximum lifespan of mining concessions is also reduced from 100 years to 80.

Guanajuato Silver closes $8.01-million financing

 

2023-08-10 12:01 ET - News Release

 

Mr. James Anderson reports

GUANAJUATO SILVER CLOSES C$8,010,000 "BOUGHT DEAL" FINANCING

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