Guanajuato Silver Adds Veteran Mine Operator to Board of Directors

Core Viewpoint - Guanajuato Silver Company Ltd. has appointed David Paxton to its Board of Directors, enhancing its leadership with extensive mining and corporate finance experience [1][2][3] Group 1: Leadership Appointment - David Paxton brings over 40 years of mining executive experience, having held various leadership roles in the mining industry, including CEO positions at multiple companies [2] - His background includes significant underground mine management and corporate finance expertise, which is expected to benefit Guanajuato Silver's operations [2][3] - The Chairman and CEO, James Anderson, emphasized that Paxton's experience will be crucial for optimizing the company's Mexican mining projects [3] Group 2: Technical Report Filing - Guanajuato Silver has filed a National Instrument 43-101 Technical Report for a new mineral resource estimate for its Valenciana Mines Complex, effective December 27, 2025 [4] - This report supports previous disclosures regarding significant growth in resources at Valenciana [4] Group 3: Stock Option Grant - The company has granted stock options to purchase a total of 11,300,000 common shares at an exercise price of $0.50 per share, expiring on March 23, 2031 [5] Group 4: ATM Proceeds - In the first quarter of 2026, Guanajuato Silver sold 2,409,200 shares through its At-The-Market equity program at an average price of $0.83874, generating gross proceeds of $2,057,134 [6][7] - Total commissions paid to the ATM agent during this quarter amounted to $51,428 [7] Group 5: Company Overview - Guanajuato Silver is a precious metals producer with a focus on silver and gold mines in central Mexico, operating four silver-gold assets in the state of Guanajuato [8]