VANCOUVER, BC, Sept. 17, 2024 – GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) announced today that it has experienced additional interest beyond the initial private placement offering of up to 12,500,000 units at a purchase price of $0.16 per unit, resulting in gross proceeds of $2,000,000. As a result, the Company has decided to expand the offering to include up to 15,000,000 units at a price of $0.16 per unit, with potential gross proceeds of up to $2,400,000. The terms of the offering remain consistent with those outlined in the Company’s September 9, 2024, news release. This offering is subject to compliance with relevant securities laws and the policies of the TSX Venture Exchange.
This press release does not constitute an offer to sell or a solicitation of an offer to purchase any securities in the United States. The securities have not been registered under the United States Securities Act of 1933 or any state securities laws and cannot be offered or sold within the United States or to U.S. Persons unless registered or exempt from registration.
GR Silver Mining Ltd. is a Canadian-based junior mineral exploration company with a focus on silver-gold resource expansion in Mexico. The Company holds 100% ownership of the former Plomosas underground mine and the San Marcial Area within the Plomosas Project in the Rosario Mining District, Sinaloa State, Mexico. Additionally, the Company controls a significant portfolio of exploration targets and core concessions in the region.
For more information, please contact Eric Zaunscherb, Chair & CEO at +1.647.293.8457 or [email protected]
This press release contains forward-looking statements and information based on the Company’s current expectations and beliefs. Actual results may vary due to risks and uncertainties. The TSX Venture Exchange and its Regulation Services Provider do not assume responsibility for the accuracy of this press release.
SOURCE GR Silver Mining Ltd.
