Guanajuato Silver raises its public offering to C$43.5 million due to strong demand, issuing 87 million units at C$0.50 each.

Guanajuato Silver Company has raised its bought deal public offering to up to C$43.5 million, from C$30 million, due to strong investor demand. The company will issue 87 million units at C$0.50 each, with each unit including one share and half a warrant to buy another share at $0.65 within 36 months. Underwriters may purchase up to 13.05 million additional units, potentially increasing total proceeds to C$50.025 million. The offering, expected to close around October 9, 2025, is subject to regulatory approval and will be available in Canadian provinces (excluding Québec) and through private placements in the U.S. and other jurisdictions. Proceeds will fund operations and development at the company’s four Mexican mines, working capital, and general corporate purposes. The prospectus is available on SEDAR+. This release is not an offer to sell securities in the U.S.