Certain Options of Gatos Silver, Inc. are subject to a Lock-Up Agreement Ending on 14-OCT-2021.
October 13, 2021
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Certain Options of Gatos Silver, Inc. are subject to a Lock-Up Agreement Ending on 14-OCT-2021. These Options will be under lockup for 91 days starting from 15-JUL-2021 to 14-OCT-2021.
Details:
The directors and executive officers and their affiliates and the selling stockholders have signed lockup agreements for a period of 90 days following the date of this prospectus, in which they agreed, subject to certain exceptions, not to offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, or enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any shares of common stock or any securities convertible into or exercisable or exchangeable for shares of common stock.
Gatos Silver, Inc. is a silver exploration, development, and production company, which is focused on high-grade, large silver deposits in geopolitically stable jurisdictions. The Companyâs flagship asset is the Los Gatos District, including the Cerro Los Gatos Mine in Chihuahua, Mexico. The Companyâs Cerro Los Gatos Mine is located approximately 120 kilometers south of Chihuahua City in the heart of Mexicoâs silver belt. The Companyâs Los Gatos District consists of approximately 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The other 11 mineralized zones, with over 150 kilometers of outcropping quartz and calcite veins, have at least one mineralization intercept. The Cerro Los Gatos Mine includes approximately 103,000 hectares of mineral rights.