Guanajuato Silver to close financing at $18-million

Mr. James Anderson reports GUANAJUATO SILVER CLOSES BOOKS ON NON-BROKERED FINANCING Further to Guanajuato Silver Company Ltd.'s news release dated Aug. 8, 2025, the final tabulation for the company's recently announced non-brokered listed issuer financing exemption (LIFE) private placement, consisting of units of the company at a price of 30 cents per unit, is a total of 60 million units for anticipated gross proceeds of $18-million. 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 Aug. 18, 2025, 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, chairman and chief executive officer, 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 and one-half of one common share purchase warrant of the company. Each warrant will entitle the holder to purchase an additional common share at an exercise price of 45 cents for a period of 36 months following the closing of the offering. About Guanajuato Silver Company Ltd. Guanajuato Silver 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. Additionally, 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. We seek Safe Harbor.