GR Silver Mining Closes Settlement with Mako Mining
GR Silver Mining Ltd. is pleased to announce that the Waiver and Release Agreement with Mako Mining Corp. announced February 15, 2024 has now closed. Pursuant to the Agreement, Mako has paid to GR Silver Mining a total of USD$960,000, satisfied in full by the payment to GR Silver Mining of USD$500,000 cash and, following receipt of the required approval of the TSX Venture Exchange, the issuance and delivery to GR Silver Mining of 296,710 common shares of Mako at a deemed price of $2.1007 per share (US$460,000; C$623,300).