GR Silver raises $1.76-million in private placement

Sep 16, 2024

2024-09-13 16:21 ET – News Release

Mr. Eric Zaunscherb reports

GR SILVER MINING ANNOUNCES OVER-SUBSCRIPTION OF PRIVATE PLACEMENT FINANCING

GR Silver Mining Ltd. has received interest above the previously announced private placement offering of up to 11 million units at a purchase price of 16 cents per unit for gross proceeds of $1.76-million. Accordingly, the company is increasing the offering such that it now proposes to sell up to 12.5 million units at a price of 16 cents per unit for gross proceeds of up to $2-million. All other terms of the offering remain as set out in the company’s Sept. 9, 2024, news release. The offering remains subject to compliance with applicable securities laws and the policies of the TSX Venture Exchange.

About GR Silver Mining Ltd.

GR Silver Mining is a Canadian-based, Mexico-focused junior mineral exploration company engaged in cost-effective silver-gold resource expansion on its 100-per-cent-owned assets, located on the eastern edge of the Rosario mining district, in the southeast of Sinaloa state, Mexico. GR Silver Mining controls 100 per cent of the former Plomosas underground mine within the Plomosas project, which includes the integrated San Marcial area. In conjunction with a portfolio of early to advanced stage exploration targets, the company holds 78 square kilometres of highly prospective core concessions and an additional 270 square km of non-core concessions.

We seek Safe Harbor.

https://grsilvermining.com/