Mr. Eric Zaunscherb reports

GR SILVER MINING ANNOUNCES EXTENSION OF NON-BROKERED PRIVATE PLACEMENT FINANCING

GR Silver Mining Ltd. has been granted an extension by the TSX Venture Exchange to complete its non-brokered private placement of units for gross proceeds of up to $1-million at the terms of the offering as set out in the news release dated July 31, 2023. The extended date for final acceptance of the offering is Oct. 26, 2023. The offering remains subject to final approval of the TSX-V.

The company closed a first tranche of 6,597,500 units for gross proceeds of $329,875, as more fully described in the news release dated Aug. 10, 2023. The company remains active, evaluating alternatives to finance the progress of resource growth and assessing options to maximize the use of existing infrastructure and available permits at the Plomosas project.

About GR Silver Mining Ltd.

GR Silver Mining is a Canadian-based, Mexico-focused junior mineral exploration company engaged in cost-effective silver-gold resource expansion on its 100-per-cent-owned assets, located on the eastern edge of the Rosario mining district, in the southeast of Sinaloa state, Mexico. GR Silver Mining controls 100 per cent of two past-producer precious metal underground and open-pit mines within the expanded Plomosas project, which includes the integrated San Marcial area and La Trinidad acquisition. In conjunction with a portfolio of early-stage to advanced-stage exploration targets, the company holds 734 square kilometres of concessions containing several structural corridors totalling over 75 kilometres in strike length.

We seek Safe Harbor.