VanGold Mining Corp. (TSX-V:VGLD) (OTCQX:VGLDF) is pleased to announce that it will change its name to Guanajuato Silver Company, Ltd. and that it has reserved the stock symbol GSVR with the TSX Venture Exchange.
VanGold Director and major shareholder Daniel Oliver, Jr. said: “The name Guanajuato Silver better illustrates who we are as a company, describes the Mexican region we are active in, and defines the principal metal we anticipate that we will soon be producing. I am very pleased the board has approved this change as a firm statement about our vision for the future of the company.”
VanGold’s board of directors has passed a resolution to change the name of 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. Pursuant to the provisions of the Business Corporations Act (British Columbia) and the articles of the company, shareholder approval is not required for the name change. No action will be required of existing shareholders with respect to the name change. Issued share certificates representing common shares of the company will not be affected by the change of name and will not need to be exchanged.
Within the next two weeks the Company plans to implement all of the necessary actions to effect these changes. It is anticipated that on or about Thursday June 10, 2021 the Company’s shares will begin trading under the new stock symbol with the following CUSIP number: 40066W106.
The Company also announces that it has secured the domain for the website www.GSilver.com where shareholders and interested parties can learn more about our Company – Guanajuato Silver – about the city and state of Guanajuato, and about our El Cubo and El Pinguico mining projects. Chairman and CEO James Anderson stated: “We are very excited about having the Company identified with the 480-year history of the Guanajuato mining region – and for those who want to shorten the name of the Company for expediency reasons, we will proudly be known as “GSilver“; this change too will be implemented within the next two weeks or so.”
About VanGold Mining Corp.:
VanGold Mining is an exploration and development company engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The Company’s El Pinguico project is a significant past producer of both silver and gold located just 7 kilometers south of the city. The Company is now focused on the refurbishment of the El Cubo mill, and swift commencement of production from the El Cubo and El Pinguico Combined Operation, as well as delineating additional silver and gold resources through underground and surface drilling on its projects located in this 480-year-old mining camp.
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We acknowledge the [financial] support of the Government of Canada.