Guanajuato Silver Files Preliminary Base Shelf Prospectus

Vancouver-based Guanajuato Silver Company Ltd. (TSXV:GSVR) has submitted a preliminary short form base shelf prospectus to Canadian securities regulators. This move aims to provide financing flexibility as the company continues its growth in Mexico's precious metals sector.

Chairman and CEO James Anderson stated that this filing allows the company to offer up to USD 65 million in various securities over the next 25 months, once the final prospectus is approved. The terms of any securities offering will be detailed in future supplements.

This strategy aligns with Canadian practices, streamlining the regulatory review process. Notably, securities offered under this prospectus will not be subject to a four-month hold period in Canada.

The company clarified that no securities will be sold until the final prospectus is approved and emphasized that no current plans exist to issue securities immediately.