Guanajuato Silver Company Ltd. (GSilver) (TSXV:GSVR), a Mexican-based precious metals producer, announces the closing of its over-allotment option for a bought deal public offering.
The Company completed the public offering of 87,000,000 units at C$0.50 per unit, for gross proceeds of C$43,500,000.
Canaccord Genuity Corp. and Red Cloud Securities Inc. led the offering.
Note: This news release is not for distribution in the United States.
Author's summary: Guanajuato Silver closes over-allotment option.