on Guanajuato Silver Company Ltd. (NASDAQ:GSVRF)
Guanajuato Silver Accelerates Gold Loan Repayment Amid Favorable Market Conditions
Guanajuato Silver Company Ltd. (TSXV:GSVR) capitalized on favorable gold prices to execute an accelerated repayment of its gold loan with Ocean Partners UK Ltd. The company settled 1,448.7 ounces of gold, leveraging a lower spot price and an early payment discount, reducing its debt significantly.
This repayment clears all remaining monthly installments, leaving only a final payment of 2,365.8 ounces due in April 2028. Chairman and CEO James Anderson emphasized the strategic balance sheet strengthening amidst recent gold price trends. Ocean Partners' supportive role in the transaction indicates continued collaboration enabling Guanajuato Silver’s growth.
R. H.
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