Latest news with #EricZaunscherb
Cision Canada
28-05-2025
- Business
- Cision Canada
GR Silver Mining Completes $1,844,700 Private Placement Financing
VANCOUVER, BC, May 28, 2025 /CNW/ - GR Silver Mining Ltd. (" GR Silver Mining" or the " Company") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) –announces that it has closed its non-brokered private placement previously announced on May 8, 2025, and increased on May 14, 2025. Under the Offering, the Company has issued 14,190,000 units for gross proceeds of $1,844,700. In connection with the Offering, the Company paid a total of $104,442 and issued a total of 803,400 warrants as finder's fees. Each finder's warrant is exercisable for one common share at a price of $0.19 for two years. All securities issued under the Offering are subject to a hold period expiring September 28, 2025, in accordance with applicable securities laws and the policies of the TSX Venture Exchange (" TSXV"). This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available. About GR Silver Mining Ltd. GR Silver Mining is a Canadian-based, Mexico-focused junior mineral exploration company engaged in cost effective silver-gold resource expansion on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. GR Silver Mining controls 100% of the Plomosas Project, including the former Plomosas underground mine and wide, high-grade silver mineralized zones at the San Marcial Area. Recent discoveries in the 78 km 2 of highly prospective advanced stage exploration concessions, position the Company well in the pursuit for resource expansion at the Plomosas Project. GR Silver Mining Ltd. Eric Zaunscherb, Chair & CEO Cautionary Statement Regarding Forward-Looking Information This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company. Risks and uncertainties may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. SOURCE GR Silver Mining Ltd.
Cision Canada
14-05-2025
- Business
- Cision Canada
GR Silver Mining Increases Private Placement Financing to up to $1.85 Million
VANCOUVER, BC, May 14, 2025 /CNW/ - GR Silver Mining Ltd. (" GR Silver Mining" or the " Company") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces that further to its news release of May 8, 2025, due to increased demand, it is increasing its non-brokered private placement such that it now proposes to sell up to 14,230,770 units at a price of $0.13 per unit for gross proceeds of up to $1.85 million. All other terms of the offering remain as set out in the Company's May 8, 2025 news release. The offering remains subject to compliance with applicable securities laws and policies of the TSX Venture Exchange. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available. About GR Silver Mining Ltd. GR Silver Mining is a Canadian-based, Mexico-focused junior mineral exploration company engaged in cost effective silver-gold resource expansion on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. GR Silver Mining controls 100% of the Plomosas Project, including the former Plomosas underground mine and wide, high-grade silver mineralized zones at the San Marcial Area. Recent discoveries in the 78 km 2 of highly prospective advanced stage exploration concessions, position the Company well in the pursuit for resource expansion at the Plomosas Project. GR Silver Mining Ltd. Eric Zaunscherb, Chair & CEO Cautionary Statement Regarding Forward-Looking Information This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company. Risks and uncertainties may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. SOURCE GR Silver Mining Ltd.
Cision Canada
08-05-2025
- Business
- Cision Canada
GR Silver Mining Announces up to $1.56 Million Private Placement Financing
VANCOUVER, BC, May 8, 2025 /CNW/ - GR Silver Mining Ltd. (" GR Silver Mining" or the " Company") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces that it proposes to undertake a non-brokered private placement of up to 12 million units (each, a " Unit"), at a purchase price of $0.13 per Unit, to raise total gross proceeds of up to $1.56 million (the " Offering"). Each Unit will consist of one common share of the Company and one-half common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share of the Company at a price of $0.19 at any time on or before that date which is 24 months after the closing date of the Offering. The gross proceeds received from the sale of the Units will be used for exploration targeting resource expansion in the San Marcial Area of the Plomosas Project and for general working capital. The Units will be offered to qualified investors in reliance upon exemptions from the prospectus and registration requirements of applicable securities legislation. The Company will pay finders' fees to eligible finders in connection with the Offering, subject to compliance with applicable securities laws and the policies of the TSXV. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the Offering and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSXV. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available. About GR Silver Mining Ltd. GR Silver Mining is a Canadian-based, Mexico-focused junior mineral exploration company engaged in cost effective silver-gold resource expansion on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. GR Silver Mining controls 100% of the Plomosas Project, including the former Plomosas underground mine and wide, high-grade silver mineralized zones at the San Marcial Area. Recent discoveries in the 78 km 2 of highly prospective advanced stage exploration concessions, position the Company well in the pursuit for resource expansion at the Plomosas Project. GR Silver Mining Ltd. Eric Zaunscherb, Chair & CEO Cautionary Statement Regarding Forward-Looking Information This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company. Risks and uncertainties may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. SOURCE GR Silver Mining Ltd.
Cision Canada
29-04-2025
- Business
- Cision Canada
GR Silver Mining Announces Temporary Plomosas Silver Project Field Work Pause
VANCOUVER, BC, April 29, 2025 /CNW/ - GR Silver Mining Ltd. (" GR Silver Mining" or the " Company") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces that the Company has temporarily paused field work on the Plomosas Silver Project in Sinaloa, Mexico. Although there have been no incidents of violence on the Company's properties and no threats to the Company or its employees or consultants in accessing our Project, management has decided to temporarily pause field work to allow time for the considerable efforts of the Government of Mexico to increase security and stability in the project region. On March 3 (news release), the Company announced the commencement of a step-out drilling program aiming to expand the San Marcial mineralization footprint by as much as 350 meters northwest from the current NI 43-101 resource area, as well as test potential new parallel zones. The Company has drilled and sampled the first hole of its initial program in the NW Extension zone, Figure 1, representing a step-out drilling program from the current resource area. It has also completed surface evaluation along 500 meters of strike length, focused on a prospective geological contact with evidence of silver mineralization and seeking blind targets like that highlighted in Section A-B (Figure 2). Initial field results indicate new prospective drilling targets along this potential mineralization footprint extension. This program will resume when management considers it prudent to do so, as the safety of our employees, consultants, suppliers, and community members is paramount. In the interim, our geologists and other staff will continue their work based at our office in El Rosario, nearby the Plomosas Silver Project. Exploration work at the Rosario office will comprise of continuous data modelling of the information collected to date, which support the presence of newly discovered, wide, high-grade silver-dominant hydrothermal breccias in the vicinity of the San Marcial resource area. Management will continue third-party discussions to facilitate commencement of a Bulk Sampling Test Mining program at the permitted former Plomosas Mine and explore opportunities to achieve critical mass in the Mexican silver mining industry. About GR Silver Mining Ltd. GR Silver Mining is a Canadian-based, Mexico-focused junior mineral exploration company engaged in cost effective silver-gold resource expansion on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. GR Silver Mining controls 100% of the Plomosas Project, including the former Plomosas underground mine and wide, high-grade silver mineralized zones at the San Marcial Area. Recent discoveries in the 78 km 2 of highly prospective advanced stage exploration concessions, position the Company well in the pursuit for resource expansion at the Plomosas Project. GR Silver Mining Ltd. Eric Zaunscherb, Chair & CEO Cautionary Statement Regarding Forward-Looking Information This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company. Risks and uncertainties may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. SOURCE GR Silver Mining Ltd.
