Guanajuato Silver Closes Books on Non-Brokered Financing

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES.  ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

VANCOUVER, BC / ACCESS Newswire / August 11, 2025 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR) is pleased to announce that, further to its news release dated August 8, 2025, the final tabulation for its recently announced non-brokered Listed Issuer Financing Exemption (LIFE) private placement (the "Offering") consisting of units of the Company (the "Units") at a price of $0.30 per unit (the "Offering Price"), is a total of 60,000,000 Units for anticipated gross proceeds of $18,000,000.

The Offering is oversubscribed with substantial additional interest outstanding; however, the Company will not be accepting additional orders and does not anticipate any further expansion of the previously announced maximum offering. The anticipated closing remains on or about the week of August 18, 2025 ("Closing"), or such later date as the Company may determine. The Closing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.

James Anderson, Chaiman and CEO, stated: "This financing significantly strengthens the Company's balance sheet, giving us considerable additional financial flexibility, and allowing the Company to consider additional growth opportunities within its portfolio".

Each Unit will consist of one common share of the Company ("Common Share") and one-half of one common share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase an additional Common Share at an exercise price of $0.45 for a period of 36 months following the closing of the Offering.

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. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws or an exemption from such registrations are available. No public offering of securities is being made in the United States. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful.