Sampling Returns 2.5 m @ 1,625 g/t Ag, 14.1 g/t Au in a New Geological Structure. GR Silver Mining Ltd. - is pleased to announce that it has advanced underground development and bulk sampling test mining at the San Juan Area, Plomosas Project in Mexico. The BSTM program is progressing under a commercial agreement with private local operators in the Rosario Mining District in Sinaloa. The Company has achieved the following [...]
GR Silver Mining Ltd. - is providing an update on the proposed transaction announced April 29, 2024 pursuant to which a private, arm's length Mexican company was to acquire from the Company 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. , a private British Columbia company. GR Silver Mining has terminated the Share Purchase Agreement as the Closing was not completed by the Closing Deadline. GR Silver [...]
GR Silver Mining Ltd. -announces that the Company has granted stock options , Deferred Share Units and Performance Share Units to eligible persons in accordance with the Omnibus Long-Term Incentive Plan approved by the Board on August 2, 2022 and approved by shareholders at the Company's Annual General Meeting held on September 18, 2023, and subject to the policies of the TSX Venture Exchange . The Company granted an [...]
GR Silver Mining Ltd. - is pleased to announce that the Company and WP Servicios Industriales S.A. de C.V. have signed on April 28, 2024, a definitive and binding Share Purchase Agreement pursuant to which WP will acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. from GR Silver Mining. WP is a private Mexican mining company that operates newly acquired gold, silver, lead, and copper mines and a [...]
GR Silver Mining Ltd. - is pleased to announce that the Waiver and Release Agreement with Mako Mining Corp. announced February 15, 2024 has now closed. Pursuant to the Agreement, Mako has paid to GR Silver Mining a total of USD$960,000, satisfied in full by the payment to GR Silver Mining of USD$500,000 cash and, following receipt of the required approval of the TSX Venture Exchange, the issuance and delivery to GR Silver [...]
GR Silver Mining Ltd. -announces that it has advanced negotiations and entered into commercial agreements with private local operators in the Rosario Mining District, in Sinaloa, Mexico, to explore opportunities related to the following aspects of the Plomosas Project: Advance mine preparation to extract bulk sample material to collect information for future use in engineering reports and metallurgical testing of Ag-Au [...]
GR Silver Mining Ltd. - is pleased to announce that it has signed a Waiver and Release Agreement with Mako Mining Corp. under which the parties were mutually released from outstanding undertakings, covenants, indemnities and obligations set out in, arising from, or related to GR Silver Mining's acquisition of Marlin Gold Mining Ltd. , see news release of April 1, 2021. Mako retains a 1.0% NSR Royalty on the concessions [...]
GR Silver Mining Ltd. - is pleased to announce it has closed the non-brokered private placement previously announced on January 17, 2024. Under the Offering, the Company has issued 6,700,000 units for gross proceeds of $670,000. In connection with the Offering, the Company paid a total of $35,820 and issued a total of 358,200 warrants as finder's fees. Each finder's warrant is exercisable for one common share at a price [...]
GR Silver Mining Ltd. - announces that it proposes to undertake a non-brokered private placement of up to 15 million units , at a purchase price of $0.10 per Unit, to raise total gross proceeds of up to $1.5 million . Each Unit will consist of one common share of the Company and one-half common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share of the Company at a price of [...]
GR Silver Mining Ltd. - The Company announces that further to its press release of December 8, 2023, it has now issued an aggregate of 1,343,891 common shares at a deemed price of $0.075 per share to settle aggregate debt of $100,792 outstanding as at October 31, 2023. Directors and officers of the Company participated in the debt settlement transactions and received an aggregate of 788,879 shares in consideration for [...]
- The Company announces that it has negotiated debt settlement with arm's length and non-arm's length creditors. Pursuant to the debt settlement agreements, and subject to acceptance by the TSX-V, the Company has settled aggregate debt of $100,792 outstanding as at October 31, 2023, in consideration for which it will issue an aggregate of 1,343,891 common shares at a deemed price of $0.075 per share. Directors and [...]
GR Silver Mining Ltd. - is pleased to announce it has closed the non-brokered private placement previously announced on October 24, 2023. Under the Offering, the Company has issued 30 million units for gross proceeds of $1.2 million. No finder's fees were paid in connection with the Offering. All securities issued under the Offering are subject to a hold period expiring March 11, 2024, in accordance with applicable [...]