NINE- Q- Do you view this as positive? VANCOUVER, BC / ACCESSWIRE / January 11, 2023 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(AQUIS:GSVR)(OTCQX:GSVRF) is pleased to announce that it has closed the second and final tranche of its non-brokered private placement offering (the "Offering") totalling C$8.5 million announced on December 12, 2022 and expanded on January 5, 2023. The Company issued 4,080,486 units (the "Units") for gross proceeds of C$1,734,206.55 in the second tranche for a total Offering of 20,032,682 Units for gross proceeds of C$8,513,889.85. Each Unit consisted of one common share of the Company (a "Share") and one-half (1/2) of one transferable share purchase warrant; each whole warrant (a "Warrant") exercisable to purchase an additional Share at C$0.60 for a period of two years after closing. The Shares and Warrants were issued by the Company pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions and therefore are "free-trading" under applicable Canadian securities laws. Chairman and CEO, James Anderson, said, "The strengthening of our balance sheet at this time gives us the flexibility to deploy targeted capex at specific areas of our business that we believe will prove accretive to shareholders as we aim to expand production across all four of our producing silver mines in Mexico." The net proceeds of the Offering will be used to, among other things, ramp up production at the Company's existing mines in and about Guanajuato, Mexico including El Cubo, San Ignacio and Valenciana, expand and modernize the processing facilities at the Topia mine in Durango, Mexico, increase brownfields' exploration programs, and fund general and administrative expenses as more particularly described in the Company's amended and restated offering document dated December 31, 2022
I love Mexican Coke! I live for it. I do not like Telum but I have never been there. I dislike Mexico City but I have never been there. I love Mexican food though- I'm looking for stocks that will benefit from ' Nearsourcing ' Probably infrastructure Mexican plays, The closed end fund etc. Gold and Silver are in uptrends and copper so I've started to look at silver ideas-- then I took my silver and my Mexico and put them together and that's how we got to Gatos Silver who I looked up on Youtube and then got distarcted by these guys....
Nine: Vol almost 3X Gatos Silver, Inc. (GATO) NYSE - Nasdaq Real Time Price. 4.9000+0.4800 (+10.8597%)<----------- As of 03:49PM EST.
About Gatos Silver Gatos Silver is a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico. As a 70% owner of the Los Gatos Joint Venture, the Company is primarily focused on operating the Cerro Los Gatos mine and on growth and development of the Los Gatos district. The LGJV consists of approximately 103,087 hectares of mineral rights, representing a highly prospective and under-explored district with numerous silver-zinc-lead epithermal mineralized zones identified as priority targets.
Don't quote me- but my memory is Gatos had a Peru problem at a silver mine there where the locals came down on them hard... Once again don't quote me-- but if this is the same company that could be an added boost to earn if it could come back on line.
Si' CEMEX, S.A.B. de C.V. (CX) NYSE - Nasdaq Real Time Price. 4.9050+0.3950 (+8.7583%)<----------- As of 03:56PM EST. Market open.
Mexican airports to take off in 2023 on resort, nearshoring demand Credit: January 10, 2023 — 06:53 pm EST MEXICO CITY, Jan 10 (Reuters) - Mexico's largest airport operators will likely see a boost in 2023, propelled by tourist stays at resorts and an increase in nearshoring, or companies moving operations closer to home, analysts said on Tuesday. The country's top airport operators - Asur ASURB.MX, GAP GAPB.MX and OMA OMAB.MX - had a "historic" year in 2022, with record passenger growth of more than 20% in December, compared to the same month in 2019. "From our perspective, that shows a complete recovery of the sector" following a crash in travel demand from the coronavirus pandemic, analysts at Mexico's Monex said. Operators Asur and GAP were boosted by tourism out of Cancun and Tijuana, Monex said, while OMA saw business trips climb. All three are expected to post strong earnings in 2023, Monex said. Asur's revenues are expected to grow 38.4% in 2023, while GAP's are projected to climb 37.6% and OMA's 34.6%, Monex said.