GSilver Announces 2021 Annual General Meeting Results

GSilver Announces 2021 Annual General Meeting Results VANCOUVER, BC / ACCESSWIRE / September 27, 2021 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to announce that at its 2021 annual general meeting (AGM) held on September 23, 2021, in Vancouver, shareholders voted in favour of all items of business with a total of 82,639,386 votes cast or represented by proxy at the AGM, representing 41.065 per cent of the outstanding common shares as of the record date. All director nominees were re-elected and the table below is a tabulation of the votes submitted by proxy for election of directors. Director Votes for Votes Withheld Percent For Percent Withheld James Anderson 68,331,504 169,891 99.75 0.25 Ramon Davila 68,293,795 96,603 99.86 0.14 William Gehlen 68,291,341 99,057 99.85 0.14 Daniel Oliver, JR 68,296,275 94,123 99.86 0.14 Richard Silas 68,223,020 167,378 99.75 0.24 Hernan Dorado Smith 68,223,047 167,351 99.75 0.24 Shareholders also voted 99.94 per cent in favour of reappointing Lancaster & David, Chartered Professional Accounts as auditor of the company and authorized the board to fix the auditor's remuneration for the ensuing year. In addition, shareholders also voted 99.7 per cent in favour to reconfirm the stock option plan. About Guanajuato Silver Co. Ltd.: GSilver is a mining development company engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The Company is focused on the refurbishment and swift re-commencement of production from its El Cubo mine and mill and its nearby El Pingüico project, as well as the delineation of additional silver and gold resources through underground and surface drilling. Both projects are located within 11km of the city of Guanajuato, which has an established 480-year mining history. ON BEHALF OF THE BOARD OF DIRECTORS "James Anderson" Chairman and CEO For further information regarding Guanajuato Silver Co. Ltd, please contact: James Anderson, Director, +1 (778) 989-5346 Email: james.anderson@GSilver.com Continue to watch our progress at: www.GSilver.com 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 release. Guanajuato Silver Company Ltd. PH: +1(778) 989-5346 E: info@GSilver.com W: GSilver.com  CA: Suite 578 - 999 Canada Place, Vancouver B.C. V6C 3E1 MX: Carretera - Guanajuato - Silao km 5.5, Int 4, Col. Marfil CP36250, Guanajuato, Gto., Mexico SOURCE: Guanajuato Silver Company Ltd. View source version on accesswire.com: https://www.accesswire.com/665602/GSilver-Announces-2021-Annual-General-Meeting-Results Copyright © 2021 Guanajuato Silver Company Ltd., All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: Guanajuato Silver Company Ltd. 578 – 999 Canada Place Vancouver, BC V6C 3E1 Canada Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

GSilver Signs Concentrate Sales Agreement

GSilver Signs Concentrate Sales Agreement ~ Pre-Commissioning of Mill Continues ~ VANCOUVER, BC / ACCESSWIRE / September 23, 2021 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to have entered into a silver and gold concentrate sales agreement with Ocean Partners Ltd. of Berkshire, UK. The Company continues to pre-commission the El Cubo plant in anticipation of first commercial production, which is anticipated in October 2021. Concentrate sales agreement: GSilver has signed a silver and gold concentrate sales agreement with MK Metal Trading Mexico, S.A. DE C.V., a division of Ocean Partners Ltd. ("Ocean Partners") of Berkshire, UK. The agreement is for an 18-month period commencing in October 2021. Additionally, Ocean Partners has agreed to provide the Company with a prepayment financing facility of US$1.5m against the proceeds of concentrate sales. This facility will bear interest at 12-month libor + 6.75% (or approximately 6.95% annually) and be repaid in 15 monthly installments after a 3-month grace period. Israel Munoz, GSilver's Corporate Controller said: "We are happy to have concluded this agreement with Ocean Partners. Their proposal was the right combination of exceptional terms combined with meticulous attention to detail. We look forward to establishing the foundations of a long-term business relationship." About Ocean Partners: The Ocean Partners team delivers successful trading services to miners, smelters, and refiners. By applying technical, commercial, and financial insight, they bring expertise to every aspect of their worldwide metals trading business. Their team members have comprehensive backgrounds in mining, geology, metallurgy, and finance. Update of Operations: Mining: Mining operations are now ongoing at the El Cubo mine. The Company continues to focus on mining from its 2175, 1850, and Cebolletas stope areas, and continues to stockpile mineralised material in the El Cubo laydown yard ahead of commencement of mill processing. (Click and scroll to bottom). Milling: Pre-commissioning of the plant's primary crusher took place on August 25th, and pre-commissioning of the secondary and tertiary crushers has now also been completed. (Click here for video). Installation of ball mill liners, as well as the installation of additional pumps and upgraded lubricating systems have now mostly been completed. The Company now anticipates the commencement of milling operations in the second week of October 2021. Hernan Dorado Smith, a director of GSilver and a "qualified person" as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, has approved the scientific and technical information contained in this news release. About Guanajuato Silver Co. Ltd.: GSilver is a mining development company engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The Company is focused on the refurbishment and swift re-commencement of production from its El Cubo mine and mill and its nearby El Pinguico project, as well as the delineation of additional silver and gold resources through underground and surface drilling. Both projects are located within 11km of the city of Guanajuato, which has an established 480-year mining history. ON BEHALF OF THE BOARD OF DIRECTORS "James Anderson" Chairman and CEO For further information regarding Guanajuato Silver Co. Ltd, please contact:  James Anderson, Director, +1 (778) 989-5346 Email: james.anderson@GSilver.com Continue to watch our progress at: www.GSilver.com 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 release. Forward-Looking Statements This news release contains certain forward-looking statements and information, which relate to future events or future performance including, but not limited to, the estimates of mineral resources; the attractiveness of potential vein widths and potential coalescing of the San Jose and El Pinguico veins at depth; the opportunities for exploration, development and future production from El Cubo and El Pinguico and the proposed exploration and development programs therefor and the timing and costs thereof; the ability of the Company to successfully refurbish the El Cubo mill, procure equipment, hire personnel and supply and process sufficient mineralized material and resources from El Cubo and El Pinguico through the mill to successfully begin commercial production of silver and gold in Q4 2021 at the projected amounts, grades, costs and revenues and the success related to any future exploration and/or development programs. Such forward-looking statements and information reflect management's current beliefs and are based on information currently available to and assumptions made by the Company; which assumptions, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: our mineral resource estimates at El Cubo and El Pinguico and the assumptions upon which they are based, including geotechnical and metallurgical characteristics of rock conforming to sampled results and metallurgical performance; tonnage of mineralized material to be mined and processed; resource grades and recoveries; assumptions and discount rates being appropriately applied to production estimates; success of the Company's combined El Cubo / El Pinguico operation; prices for silver and gold remaining as estimated; currency exchange rates remaining as estimated; availability of funds for the Company's projects; capital, decommissioning and reclamation estimates; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; and the ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive. Readers are cautioned that such forward-looking statements and information are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, currency rate fluctuations, actual results of exploration, development and production activities, actual resource grades and recoveries of silver and gold, unanticipated geological or structural formations and characteristics, environmental risks, future prices of gold, silver and other metals, operating risks, accidents, labor issues, equipment or personnel delays, delays in obtaining governmental or regulatory approvals and permits, inadequate insurance, and other risks in the mining industry. There are no assurances that GSilver will be able to successfully re-start the El Cubo mill to process mineralized materials to produce silver and gold in the amounts, grades, recoveries, costs and timetable anticipated. In addition, GSilver's decision to begin processing mineralized material from its above and underground stockpiles at El Pinguico and estimated resources at El Cubo through the El Cubo mill is not based on a feasibility study of mineral reserves demonstrating economic and technical viability and therefore is subject to increased uncertainty and risk of failure, both economically and technically. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability, are considered too speculative geologically to have the economic considerations applied to them, and may be materially affected by environmental, permitting, legal, title, socio-political, marketing, and other relevant issues. There are no assurances that the results of the Company's recently announced preliminary economic assessment and projected production of silver and gold will be realized. There is also uncertainty about the spread of COVID-19 and variants of concern and the impact they will have on the Company's operations, supply chains, ability to access El Pinguico and/or El Cubo or procure equipment, contractors and other personnel on a timely basis or at all and economic activity in general. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by law. Cautionary Note for U.S. Investors regarding Reserve and Resource Estimates Canadian public disclosure standards, including NI 43-101, differ significantly from the requirements of the United States Securities and Exchange Commission (the "SEC") set forth in Industry Guide 7 ("Industry Guide 7"), and information concerning mineralization, deposits, mineral reserve and resource information contained or referred to herein may not be comparable to similar information disclosed by U.S. companies in accordance with Industry Guide 7. In particular, but without limiting the generality of the foregoing, this news release uses the terms "measured mineral resources", ‘‘indicated mineral resources'' and ‘‘inferred mineral resources''. U.S. investors are advised that, while such terms are recognized and required by Canadian securities laws, Industry Guide 7 does not recognize them. U.S. investors should also understand that "inferred mineral resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of "inferred mineral resources" exist, are economically or legally mineable or will ever be upgraded to a higher category. Under Canadian securities laws, estimated "inferred mineral resources" may not form the basis of feasibility or pre-feasibility studies except in rare cases. Disclosure of "contained ounces" in a mineral resource is permitted disclosure under Canadian securities laws. However, Industry Guide 7 normally only permits issuers to report mineralization that does not constitute "reserves" by Industry Guide 7 standards as in place tonnage and grade, without reference to unit measures. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with Industry Guide 7. Guanajuato Silver Company Ltd. PH: +1(778) 989-5346 E: info@GSilver.com W: GSilver.com  CA: Suite 578 - 999 Canada Place, Vancouver B.C. V6C 3E1 MX: Carretera - Guanajuato - Silao km 5.5, Int 4, Col. Marfil CP36250, Guanajuato, Gto., Mexico SOURCE: Guanajuato Silver Company Ltd. View source version on accesswire.com: https://www.accesswire.com/665253/GSilver-Signs-Concentrate-Sales-Agreement Copyright © 2021 Guanajuato Silver Company Ltd., All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: Guanajuato Silver Company Ltd. 578 – 999 Canada Place Vancouver, BC V6C 3E1 Canada Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

African Gold Group Renews Its Faraba Exploration Permit to Further Increase Its Exploration Upside

View this email in your browser AFRICAN GOLD GROUP RENEWS ITS FARABA EXPLORATION PERMIT TO FURTHER INCREASE ITS EXPLORATION UPSIDE September 22, 2021, Toronto, Ontario – African Gold Group, Inc. (TSX-V: AGG, OTC: AGGFF, FRA: 3A61) ("AGG" or the "Company") is pleased to announce that the Company has been granted an extension of its Faraba exploration permit for three years to 2024. The current mineral resource for the Project area is hosted in a portion of the main Kobada shear, which has been interpreted to extend into the Faraba permit north of Kobada, representing an opportunity to expand resources through further exploration. Highlights: The government of Mali has renewed Faraba exploration permit until August 2024 – a further three years Initial soil sampling and termite mound sampling indicate strong extensions of the Foroko and Diaban shear zones Potential to increase the 55 km of identified shear zones further based upon initial results Historical artisanal workings indicate strong SW-NE trend along known shear zones into the Faraba exploration permit Danny Callow, CEO of African Gold Group, commented: "The renewal of the Faraba permit is a key step forward in opening up the opportunity in our Faraba deposit, which shows significant potential in extending our 55 km shear zones even further. The extension of this permit for three years to 2024 will allow us to move into a more rigorous exploration programme to exploit the Foroko and Diaban shear zones to the north-east. Yet again the results we have seen at Faraba, although at a very early stage, show a highly prospective exploration permit enabling extensions to two key shear zones that already exhibit historical artisanal workings and gold mineralisation."   The Faraba permit is a part of a group of permits located on the western flank of the Bougouni basin covering an area of 11,119 acres. The shear zones discovered in the Faraba concession form a part of the combined 55 km shear strikes, identified across the three concessions from previous geophysics and soil geochemistry.   The extension of the exploration permit will allow the Company to proceed with the development of new and extended open pit opportunities at Faraba. Successful exploration of these potential shear zones may lead to the extension of Kobada Gold Project`s mine life (the "Project" or "Kobada").   The Company continues to seek out additional opportunities through organic growth and exploration. Development of the Faraba exploration permit and expansion of the existing resource at Kobada permit are among several organic growth projects in Company`s pipeline. The Company believes that progressing organic growth is key to delivering shareholder value over the long-term, and the receipt of consents at Faraba is another step along a critical path to achieving this goal. Faraba shows highly prospective future drill targets   The upside potential for the Kobada, over and above the current mineral resource of the Project set out in the NI 43-101 technical report of the Company titled "NI 43-101 Technical Report on Kobada Gold Project in Mali" with an effective date of June 17, 2020 (the "2020 DFS"), lies within the various target shear zones, an estimated 55 km strike, that have been identified by the previous exploration activities. The current mineral resource for the Project area is limited to a portion of the main Kobada shear which has been interpreted to extend into the Faraba permit north of Kobada, as the Foroko North shear, as shown in the figure below. The two main shears interpreted to extend into Faraba permit area are the Foroko North and Diaban targets.   Figure 1: Exploration Targets Interpreted to Extend into Faraba   To date however, limited exploration has been completed on the Faraba permit area as the focus has been on upgrading and increasing the Kobada mineral resource and exploratory drilling at the Gosso target. In January 2021, AGG commenced a soil sampling programme at the Faraba permit and it was completed in February 2021. A total of 459 soil samples were collected on a grid spacing of 100 m x 100 m to test for additional drilling targets. The samples were analysed for gold at SGS Laboratory in Bamako by fire assay. As part of QAQC, blanks, duplicates and certified reference material were inserted in the sampling to monitor the accuracy and precision at the laboratory. Elevated gold levels were detected in the soil geochem samples as shown in the figure below. A good proportion of the elevated gold grades are along the strike of the interpreted Kobada / North Foroko shear and the Diaban shear. These areas will be followed up with trenching and if successful with drilling. Figure 2: Faraba Soil Sampling Programme An additional sampling programme was undertaken at Faraba permit. A total of 87 samples were collected at the Faraba permit of which 52 samples were grab samples and 35 samples were termite mound samples. The samples were again analysed for gold at the SGS Laboratory in Bamako with similar QAQC protocols. This sampling has identified another potential target area in the northwestern corner of the permit.   Initial fieldwork strongly supports the idea that the shear zones do extend into the Faraba permit area.   Figure 3: Grab and Termite Mound Samples at Faraba Permit   As part of its ongoing, and dynamic exploration programme, additional work will be carried out in 2022 to improve the understanding of the shear zone extensions into the Faraba deposit.   About African Gold Group   African Gold Group is a TSX Venture Exchange (TSX-V: AGG) listed exploration and development company with a focus on building Africa's next mid-tier gold producer. The Company has a highly experienced board and management team with a proven track record in the African mining sector operating mines from development through to production. AGG's principal asset is the Kobada Project in southern Mali, which is in an advanced stage of development having completed the 2020 definitive feasibility study and is targeting gold production of 100,000 oz per annum. As well as the initial Kobada Gold Project, other exploration locations have been identified on the Kobada, Farada and Kobada Est concessions, offering potential for an increase in resource. For more information regarding African Gold Group visit our website at www.africangoldgroup.com. For more information:   Danny Callow President and Chief Executive Officer + (27) 76 411 3803 Danny.Callow@africangoldgroup.com Daniyal Baizak Vice President, Corporate Development +1 (647) 835 9617 Daniyal.Baizak@africangoldgroup.com     Scott Eldridge Non-Executive Chairman of the Board +1 (604) 722 5381 Scott.Eldridge@africangoldgroup.com Camarco (Financial PR) Gordon Poole / Nick Hennis +44 (0) 20 3757 4997 AfricanGoldGroup@camarco.co.uk     Cautionary statements   This press release contains "forward‑looking information" within the meaning of applicable Canadian securities legislation. Forward‑looking information includes, but is not limited to, statements regarding, the renewal of the Faraba permit and the exploration plans of the Company. Generally, forward‑looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".  Forward‑looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of AGG to be materially different from those expressed or implied by such forward‑looking information, including but not limited to: receipt of necessary approvals; impact of the COVID-19 pandemic; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labour disputes and shortages and other risks of the mining industry. Although AGG has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward‑looking information. AGG does not undertake to update any forward-looking information, except in accordance with applicable securities laws.   NEITHER 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 RELEASE.     Follow on Twitter LinkedIn Follow on Instagram Our mailing address is: info@africangoldgroup.com Want to change how you receive these emails? 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