Guanajuato Silver Company Ltd. (TSE:GSVR) has released an update.
Guanajuato Silver Company Ltd. has fully repaid its $5 million debt to Ocean Partners, marking a significant step towards financial improvement and operational efficiency. The company, a major producer of silver and gold in Mexico, anticipates further strengthening its economic position with the planned repayment of another facility by September 2024. Guanajuato Silver aims to achieve a debt-free status while enhancing its production capacity at its four active mines.
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