Guanajuato Silver Company Ltd. (TSE:GSVR) has released an update.
Guanajuato Silver Company Ltd. has expanded its Gold Loan Credit Facility with Ocean Partners UK Ltd. to US$13.3 million, aimed at boosting production at its Mexican silver mines and for general working capital. The company, which has a history of strategic partnership with Ocean Partners, has also extended its concentrate sales agreements to 2028. Additionally, GSilver has settled debts through a shares-for-debt transaction, issuing over 1.6 million shares, bolstering its financial strategy for continued growth.
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