Guanajuato Silver Increases Bought Deal Offering to $43.5 Million

Guanajuato Silver Company Ltd. has announced an increase in its bought deal public offering, raising aggregate gross proceeds from C$30 million to C$43.5 million. This decision was prompted by strong investor interest. The company entered an amended agreement with Canaccord Genuity Corp. and Red Cloud Securities Inc. to purchase 87 million units at C$0.50 per unit.

Each unit comprises one common share and a half common share purchase warrant, exercisable at $0.65 over 36 months. An additional option allows underwriters to acquire up to 13,050,000 more units, potentially bringing maximum gross proceeds to $50.025 million.

The proceeds will support Guanajuato's four operational mines in Mexico. This upsized offering is expected to close on October 9, 2025, pending regulatory approvals.