REG - Guanajuato Silver Co - Withdrawal from Aquis Exchange

Guanajuato SilverAnnouncement

29/11/2023 12:45

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RNS Number : 0749V  Guanajuato Silver Company Ltd.  29 November 2023

Guanajuato Silver Company Limited

 

Withdrawal from Aquis Exchange

 

Guanajuato Silver Company Ltd. (the "Company" or "GSilver")
(TSXV:GSVR)(AQUIS:GSVR)(OTCQX:GSVRF)  announces that it has submitted a
request to the Aquis Stock Exchange Growth Market ("Aquis"), for its common
shares ("Common Shares") be withdrawn from trading on Aquis, with such
withdrawal to take effect as of market close on December 29, 2023 (the
"Withdrawal").

 

The Company has its primary listing on the TSX Venture Exchange ("TSX-V"). The
Aquis quotation was sought as a secondary listing to further enhance the
liquidity and fundraising ability of the Company. The Aquis quotation gives UK
shareholders the ability to hold Common Shares through a CREST Depositary
Interest ("CDI"), allowing for full fungibility between the two markets.
However, the Company no longer believes it can justify the cost of being
quoted on both exchanges. The Company is headquartered in Canada and is of the
opinion that its TSX-V listing provides sufficient access for investors to
trade its Common Shares.

 

After December 29, 2023, any holders of CDIs representing Common Shares in the
Company will no longer be able to trade those CDIs on Aquis in the United
Kingdom, however the Company's Common Shares will continue to trade on the
TSX-V in Canada and the OTCQX in the United States. Holders of CDIs should
contact an independent financial adviser if they have any doubt about what
action to take either before or after Withdrawal.

 

The Company notes that under the AQSE - Rules for Issuers, if an issuer has
its shares traded on another market of equivalent regulatory standing
including a qualifying market, shareholder approval at a general meeting will
not be required to be sought. The Company's Common Shares are traded on the
TSX-V, a qualifying market, and accordingly a circular is not being posted to
shareholders as there is no need to obtain shareholder approval.

 
 

For further information regarding Guanajuato Silver Company Ltd., please
contact:

 

JJ Jennex, Gerente de Comunicaciones, T: 604 723 1433

E: jjj@GSilver.com

Gsilver.com

 

VSA Capital - AQSE Corporate Adviser

T: +44 (0) 20 3005 5000

Simon Barton - Corporate Finance

Thomas Jackson - Corporate Finance

Andrew Monk - Corporate Broking

David Scriven - Corporate Broking

 

About Guanajuato Silver

GSilver is a precious metals producer engaged in reactivating past producing
silver and gold mines in central Mexico. The Company produces silver and gold
concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, and the
San Ignacio mine; all three mines are located within the state of Guanajuato,
which has an established 480-year mining history. In addition, the Company
produces silver, gold, lead, and zinc concentrates from the Topia mine in
northwestern Durango. With four operating mines and three processing
facilities, Guanajuato Silver is one of the fastest growing silver producers
in Mexico.

 

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