VanGold Mining will become Guanajuato Silver Company, Ltd. – The ticker symbol will be GSVR
VANCOUVER, BC / ACCESSWIRE / June 3, 2021 / VanGold Mining Corp. (the “Company” or “VanGold“) (TSXV: VGLD) (OTCQX: VGLDF) is pleased to announce that it will be changing its name to Guanajuato Silver Company, Ltd. (“Guanajuato Silver“), and that he has reserved the ticker symbol GSVR with the TSX Venture Exchange.
VanGold Director and Principal Shareholder Daniel Oliver, Jr. said, “The name Guanajuato Silver better illustrates who we are as a company, describes the Mexican region in which we operate and defines the primary metal we plan to produce. soon. I am very pleased that the Board of Directors has approved this change as a strong statement on our vision for the future of the company. “
The VanGold Board of Directors has passed a resolution to change the name from VanGold to Guanajuato Silver Company, Ltd. Completion of the name change is subject to all required regulatory approvals, including approval from the TSX Venture Exchange. In accordance with the provisions of the Business Corporations Act (British Columbia) and the Articles of Association, shareholder approval is not required for the name change. No action will be required from existing shareholders with respect to the name change. Share certificates issued representing the common shares of the company will not be affected by the name change and will not need to be exchanged.
Over the next two weeks, the Company plans to implement all actions necessary to effect these changes. It is expected that on or around Thursday, June 10, 2021, the Company’s shares will begin trading under the new ticker symbol with the following CUSIP number: 40066W106.
Change of website:
The Company also announces that it has secured the domain of the website www.GSilver.com where shareholders and interested parties can learn more about our company – Guanajuato Silver – the city and state of Guanajuato, and our El Cubo and El Pinguico mining projects. President and CEO James Anderson said: “We are very excited that the company will be identified with the 480-year history of the Guanajuato mining region – and for those who wish to shorten the name of the company for the sake of expediency, we will be proud to be known as “GSmoney“; this change will also be implemented in the next two weeks or so.”
About VanGold Mining Corp. :
VanGold Mining is an exploration and development company engaged in the reactivation of old silver and gold mines near the city of Guanajuato, Mexico. The Company’s El Pinguico project is a major former silver and gold producer located just 7 kilometers south of the city. The Company is now focused on the refurbishment of the El Cubo plant and the rapid start of production from the combined operations of El Cubo and El Pinguico, as well as on the demarcation of additional resources in silver and gold through underground and surface drilling on its projects located in this 480 year-old mining camp.
ON BEHALF OF THE BOARD OF DIRECTORS
President and CEO
For more information about VanGold Mining Corp, please contact:
James Anderson, Principal, +1 (778) 989-5346
Continue to monitor our progress on: www.vangoldmining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains certain forward-looking statements and information, which relate to future events or future performance, including, but not limited to, the ability of VanGold to successfully restart the El Cubo plant and to supply sufficient mineralized material from El Cubo and El Pinguico for processing by the El Cubo plant at projected rates, the ability to generate positive cash flows from the El Cubo plant as predicted or not at all, the exploration and development potential of El Cubo and El Pinguico and the potential existence of additional mineral resources thereon. These forward-looking statements reflect the management‘s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties which may cause future results to differ materially from those expected, including, but not limited to, the terms of the market, availability of financing, fluctuations in exchange rates. , actual results of exploration and development activities, unforeseen geological formations and characteristics, environmental risks, future prices of gold, silver and other metals, operational risks, accidents , labor issues, delays in obtaining government or regulatory approvals and permits, and other risks in the mining industry. There can be no assurance that VanGold will be able to restart the El Cubo plant to process mineralized materials in the quantities and at the expected costs. In addition, VanGold’s decision to begin processing mineralized material from its overhead and underground piles at El Pinguico and estimated resources at El Cubo through the El Cubo processing plant is not based on a study. feasibility of mineral reserves demonstrating economic and technical viability and is therefore subject to increased uncertainty and risk of failure, both economically and technically. Mineral resources that are not mineral reserves do not have demonstrated economic viability, are considered too geologically speculative for economic considerations to apply to them, and may be materially affected by environmental, licensing, legal, title, socio-political, marketing and other relevant issues. There can be no assurance that the results of the Company’s PEA will be realized. There is also uncertainty about the spread of COVID-19 and variants of concern and the impact they will have on Society.‘s operations, supply chains, the ability to access El Pinguico or El Cubo or procure equipment, contractors and other personnel on a timely basis or not at all and economic activity in general. All forward-looking statements contained in this press release are qualified by these cautionary statements and those contained in our continuous disclosure documents available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
CA: Suite 578 – 999 Canada Place, Vancouver BC V6C 3E1
MX: Carretera – Guanajuato – Silao km 5.5, Int. # 4, Colonel Marfil CP36250, Guanajuato, Gto., Mexico