VANCOUVER, British Columbia, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE:GATO) (TSX:GATO) ("Gatos Silver" or the "Company") today announced that Gatos Silver's stockholders have voted to adopt the proposal related to the previously announced merger agreement between First Majestic Silver Corp. ("First Majestic") and Gatos Silver (the "Merger Resolution"). The vote was held at Gatos Silver's special stockholders meeting earlier today. The Merger Resolution was required to be approved by Gatos Silver stockholders representing a majority of the outstanding shares of common stock of Gatos Silver ("Gatos Silver Shares"). Approximately 71.3% of the outstanding Gatos Silver Shares

VANCOUVER, British Columbia, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX:GATO) ("Gatos Silver" or the "Company") today announced production results for the quarter and year ended December 31, 2024 at its 70%-owned Cerro Los Gatos ("CLG") mine in Mexico. Silver production was at the top end of the 2024 guidance range and silver equivalent production was slightly above the top end of the 2024 guidance range. Guidance for both metrics was upwardly revised in October 2024. Dale Andres, CEO of Gatos Silver, commented: "The CLG mine delivered another excellent quarter of production to end another very strong year in 2024. We achieved our eighth consecutive quarterly record fo

VANCOUVER, British Columbia, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX:GATO) ("Gatos Silver" or the "Company") today announced that it has entered into amended and restated agreements (the "Amended Agreements") with Dowa Metals & Mining Co., Ltd. ("Dowa") regarding the Los Gatos Joint Venture (the "LGJV"). The Amended Agreements, which are effective on January 1, 2025, expand Gatos Silver's management rights within the LGJV which will result in the Company being able to fully consolidate the financial statements of the LGJV rather than accounting for its investment in the LGJV under the equity method of accounting as is currently required. The ownership interests of th

VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX:GATO) ("Gatos Silver" or the "Company") today announced the date of a special meeting of stockholders (the "Special Meeting") and the filing of its definitive proxy statement in connection with the previously announced Agreement and Plan of Merger (the "Merger Agreement") with First Majestic Silver Corp. ("First Majestic") (NYSE/TSX:AG) (FSE: FMV) pursuant to which First Majestic will acquire all of the issued and outstanding shares of common stock of Gatos Silver (the "Transaction"). Gatos Silver notified its stockholders that the Special Meeting will take place virtually on Tuesday, January 14, 2

VANCOUVER, British Columbia, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX:GATO) ("Gatos Silver" or the "Company") today announced its third quarter of 2024 financial and operating results including earnings per share of $0.14, up 200% from $0.05 in the third quarter of 2023. The Company will host an investor and analyst call on November 12, 2024, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture ("LGJV"), which in turn owns the Cerro Los Gatos ("CLG") mine in Mexico. The Company's reporting currency is US dollars. On September 5, 2024, Gatos Silver and First Majestic Silver Corp. ("First Majestic") announced that they

VANCOUVER, British Columbia, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX:GATO) ("Gatos Silver" or the "Company") will release its third quarter of 2024 financial and operating results after North American markets close on Monday, November 11, 2024. The Company will host a conference call and webcast to discuss the results on Tuesday, November 12, 2024, at 11:00 a.m. Eastern Time. Date: Tuesday, November 12, 2024Time: 11:00 a.m. ETListen-Only Webcast: https://events.q4inc.com/attendee/627122313Direct Event Registration Link (for Analysts only): https://registrations.events/direct/Q4I98433625 An archive of the webcast will be available on the Company's website at: https:

VANCOUVER, British Columbia, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today announced production results for the quarter and nine months ended September 30, 2024 at its 70%-owned Cerro Los Gatos ("CLG") mine in Mexico, including an 11% increase in silver equivalent production in the third quarter of 2024 compared with a year earlier. Gatos Silver also announced improved annual production and cost guidance for 2024. Dale Andres, CEO of Gatos Silver, commented: "The CLG mine continues to produce consistent results, with another quarter of strong production and another new record for mill throughput. As a result of continued good opera

VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today provided an update on the drilling and exploration programs in the 70%-owned Los Gatos district ("LGD") in Mexico. The update highlights early positive results including mineralized intercepts on the Central Deeps target and the potential for a further extension of the South-East Deeps zone at the Cerro Los Gatos Mine ("CLG"). The update also highlights key developments in the ongoing regional exploration program. "The exploration results this quarter continue to demonstrate further life extension potential at CLG beyond the recently announced mine life that

Mine Life Extended to the End of 2032 with 36% Increase in Total Silver Equivalent ProductionStrong Free Cash Flows Throughout the Updated Life of MineNumerous Opportunities Available for Further Growth, Mine Life Extension and Margin Improvement VANCOUVER, British Columbia, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today reported an updated life of mine plan (the "2024 LOM Plan") that adds two years of additional reserves and a 36% increase in silver equivalent production compared with the prior LOM plan at the Cerro Los Gatos Mine ("CLG") in Mexico. Gatos Silver also disclosed an updated mineral reserve estimate (the "2024 Minera

VANCOUVER, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) -- First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) ("First Majestic") and Gatos Silver, Inc. ("Gatos") (NYSE:GATO) (TSX:GATO) are pleased to announce they have entered into a definitive merger agreement (the "Definitive Agreement") pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos (the "Transaction"). Gatos is a silver dominant producer with a 70% interest in the Los Gatos Joint Venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico. Under the terms of the Definitive Agreement, Gatos shareholders will receive 2.5

Canaccord Genuity downgraded Gatos Silver from Buy to Hold

CIBC upgraded Gatos Silver from Neutral to Sector Outperform

Canaccord Genuity upgraded Gatos Silver from Hold to Buy and set a new price target of $12.50 from $6.50 previously

BMO Capital Markets resumed coverage of Gatos Silver with a rating of Market Perform and set a new price target of $6.25

Canaccord Genuity downgraded Gatos Silver from Buy to Hold

Canaccord Genuity upgraded Gatos Silver from Hold to Buy and set a new price target of $5.50 from $5.00 previously

RBC Capital Mkts upgraded Gatos Silver from Underperform to Sector Perform and set a new price target of $4.00

Goldman Sachs reiterated coverage of Gatos Silver with a rating of Neutral and set a new price target of $4.00 from $9.00 previously

Canaccord Genuity downgraded Gatos Silver from Buy to Hold and set a new price target of $4.00

CIBC downgraded Gatos Silver from Sector Outperform to Neutral and set a new price target of $7.00 from $17.00 previously

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VANCOUVER, British Columbia, June 07, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today reported that its stockholders voted in favour of all items of business at the Company's Annual Meeting of stockholders held on June 6, 2024 (the "Meeting"). A total of 50,802,836 votes were cast or represented by proxy at the Meeting representing 74.43% of the outstanding shares of common stock as of the record date. A total of 46,481,235 votes (including "for" and "withheld" but excluding "non-votes") were voted in connection with the election of directors. The results on the election of directors are set out below (excluding non-votes). Name of Nominee

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today provided an update on the drilling and exploration programs in the Los Gatos district ("LGD") in Mexico. The update includes new intercepts of mineralization in the South-East Deeps ("SE Deeps") zone of its 70%-owned Cerro Los Gatos ("CLG") mine. The Company also announced the appointment of Chad Yuhasz as Vice President, Exploration and Technical Services. "These latest results will add to the potential of the South-East Deeps zone for the next update of our Reserve and Resource estimates, which we continue to expect to complete in the third quarter of 2

VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today reported that its stockholders voted in favour of all items of business at the Company's Annual Meeting of stockholders held on September 6, 2023 (the "Meeting"). A total of 57,943,220 votes were cast or represented by proxy at the Meeting representing 83.78% of the outstanding shares of common stock as of the record date. A total of 53,617,959 votes (including "for" and "withheld" but excluding "non-votes") were voted in connection with the election of directors. The results on the election of directors are set out below (excluding non-votes). Name of N

• Silver production up 36% in 2022 vs. 2021 • Silver production up 26% in Q4 2022 vs. Q4 2021 Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today announced above-guidance and record silver production from its 70%-owned Cerro Los Gatos ("CLG") mine for the quarter and year ended December 31, 2022. Dale Andres, CEO of Gatos Silver, commented: "Our excellent results reflect the quality of the CLG assets and the management team's ability to improve operations and maximize cash flows. Our focus in 2023 will be to further optimize operational performance, advance our mine life extension opportunities by converting the higher-grade portion of our current mineral resource into r

Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today announced the appointment of Ernst & Young LLP ("EY") as independent registered public accounting firm of the Company, effective immediately. Gatos Silver selected EY based on their reputation and scale of international capabilities. EY is a well-respected top tier global accounting firm with a strong mining practice. The appointment of EY was approved by the Company's Board and Audit Committee. EY will be auditing and reporting on the Company's consolidated financial statements for the financial years ended December 31, 2021 and December 31, 2022, including review of the Company's quarterly unaudited interim financial

Silver production up 59% in Q3 2022 vs. Q3 2021 Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today announced record production results from its 70%-owned Cerro Los Gatos ("CLG") mine for the quarter and nine months ended September 30, 2022. Gatos Silver also announced that it has increased production guidance and lowered cost guidance for 2022. Dale Andres, CEO of Gatos Silver, commented: "Our continued strong operating performance at CLG during the quarter reflects planned production sequencing, with mill throughput exceeding design capacity by 15% and with higher ore grades compared with a year earlier. Our priority exploration and definition drilling objectives are

Company Also Reports on Exploration and Provides Corporate Update Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today reported an updated Mineral Reserve Estimate (the "2022 Mineral Reserve"), Mineral Resource Estimate (the "2022 Mineral Resource") and Life of Mine ("LOM") plan (the "2022 LOM Plan", and together with the 2022 Mineral Reserve and 2022 Mineral Resource, the "2022 Updates") for the Cerro Los Gatos Mine ("CLG") in which Gatos Silver has a 70% interest. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221003005310/en/Figure 1: Reduction in contained silver between the 2020 Technical Report and the 202

Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today announced production results from the 70%-owned Cerro Los Gatos ("CLG") mine for the quarter and six months ended June 30, 2022. Production Results CLG continues to deliver strong operational results. During the second quarter of 2022, silver production increased by 9% and lead and zinc production increased by 5% and 8%, respectively, compared to the second quarter of 2021. The increased production was primarily due to significantly higher mined ore grades, in addition to improved recoveries. Silver production increased 29% in H1 2022, compared to H1 2021. Lead and zinc production increased 16% and 26% respectively duri

Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") is pleased to announce the appointments of André van Niekerk as Chief Financial Officer effective July 1, 2022 and James Woeller as Vice President, Corporate Development and Business Improvement effective July 16, 2022. André brings over 23 years of progressive experience with an excellent track record of success in the mining industry. Mr. van Niekerk joins Gatos Silver from Nevada Copper Corp., where he served as Chief Financial Officer since 2020. He was instrumental in helping to transition Nevada Copper from a development asset to an operating mine and led several successful equity offerings and debt restructurings. Previ

Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today reported the restart of normal mining operations and first quarter 2022 ("Q1 2022") unaudited operating and financial results. Highlights Normal mining operations resumed on May 9, 2022 following the reinstatement of the explosive and blasting permit for the Cerro Los Gatos ("CLG") mine. No change to annual production guidance, with unit costs trending below the bottom end of the range. A record 2.4 million ounces of silver contained in concentrate were produced in Q1 2022. The Los Gatos Joint Venture ("LGJV") paid its first dividend of $20 million to its partners in April 2022. After withholding taxes and paymen

VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX:GATO) ("Gatos Silver" or the "Company") today announced the date of a special meeting of stockholders (the "Special Meeting") and the filing of its definitive proxy statement in connection with the previously announced Agreement and Plan of Merger (the "Merger Agreement") with First Majestic Silver Corp. ("First Majestic") (NYSE/TSX:AG) (FSE: FMV) pursuant to which First Majestic will acquire all of the issued and outstanding shares of common stock of Gatos Silver (the "Transaction"). Gatos Silver notified its stockholders that the Special Meeting will take place virtually on Tuesday, January 14, 2

VANCOUVER, British Columbia, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX:GATO) ("Gatos Silver" or the "Company") today announced its third quarter of 2024 financial and operating results including earnings per share of $0.14, up 200% from $0.05 in the third quarter of 2023. The Company will host an investor and analyst call on November 12, 2024, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture ("LGJV"), which in turn owns the Cerro Los Gatos ("CLG") mine in Mexico. The Company's reporting currency is US dollars. On September 5, 2024, Gatos Silver and First Majestic Silver Corp. ("First Majestic") announced that they

VANCOUVER, British Columbia, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX:GATO) ("Gatos Silver" or the "Company") will release its third quarter of 2024 financial and operating results after North American markets close on Monday, November 11, 2024. The Company will host a conference call and webcast to discuss the results on Tuesday, November 12, 2024, at 11:00 a.m. Eastern Time. Date: Tuesday, November 12, 2024Time: 11:00 a.m. ETListen-Only Webcast: https://events.q4inc.com/attendee/627122313Direct Event Registration Link (for Analysts only): https://registrations.events/direct/Q4I98433625 An archive of the webcast will be available on the Company's website at: https:

Mine Life Extended to the End of 2032 with 36% Increase in Total Silver Equivalent ProductionStrong Free Cash Flows Throughout the Updated Life of MineNumerous Opportunities Available for Further Growth, Mine Life Extension and Margin Improvement VANCOUVER, British Columbia, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today reported an updated life of mine plan (the "2024 LOM Plan") that adds two years of additional reserves and a 36% increase in silver equivalent production compared with the prior LOM plan at the Cerro Los Gatos Mine ("CLG") in Mexico. Gatos Silver also disclosed an updated mineral reserve estimate (the "2024 Minera

VANCOUVER, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) -- First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) ("First Majestic") and Gatos Silver, Inc. ("Gatos") (NYSE:GATO) (TSX:GATO) are pleased to announce they have entered into a definitive merger agreement (the "Definitive Agreement") pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos (the "Transaction"). Gatos is a silver dominant producer with a 70% interest in the Los Gatos Joint Venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico. Under the terms of the Definitive Agreement, Gatos shareholders will receive 2.5

VANCOUVER, British Columbia, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today announced its second quarter 2024 financial and operating results. The Company will host an investor and analyst call on August 7, 2024, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture ("LGJV"), which in turn owns the Cerro Los Gatos ("CLG") mine in Mexico. Production for the second quarter of 2024 was previously disclosed on July 9, 2024. The Company's reporting currency is US dollars. Dale Andres, CEO of Gatos Silver, commented: "The LGJV generated record revenue and free cash flow in quarter, reflecting

VANCOUVER, British Columbia, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") will release its second quarter of 2024 financial and operating results after North American markets close on Tuesday, August 6, 2024. The Company will host a conference call and webcast to discuss the results on Wednesday, August 7, 2024, at 11:00 a.m. Eastern Time. Date: Wednesday, August 7, 2024Time: 11:00 a.m. ETListen-Only Webcast: https://events.q4inc.com/attendee/924567096 Direct Event Registration Link (for Analysts only): https://registrations.events/direct/Q4I98433134 An archive of the webcast will be available on the Company's website at: https://gatos

VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today announced that it has set the date of its 2024 annual meeting of stockholders (the "Annual Meeting") as June 6, 2024. The record date for the Annual Meeting is April 11, 2024. The time, format and other details for the Annual Meeting will be set forth in the Company's proxy materials for the Annual Meeting, which will be filed on both EDGAR and SEDAR+ systems. About Gatos Silver Gatos Silver is a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico. A

VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") today announced its fourth quarter and full year 2023 financial and operating results. The Company will host an investor and analyst call on February 21, 2024, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture ("LGJV"), which in turn owns the Cerro Los Gatos ("CLG") mine in Mexico. Production for the fourth quarter of 2023 was previously disclosed on January 9, 2024. The Company's reporting currency is US dollars. Dale Andres, CEO said: "During the fourth quarter we continued to add cash to the balance sheet, gener

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (TSX:GATO) ("Gatos Silver" or the "Company") will release its 2023 fourth quarter and full year financial and operating results after North American markets close on Tuesday, February 20, 2024. The Company will host a conference call and webcast to discuss the results on Wednesday, February 21, 2024, at 11:00 a.m. Eastern Time. Date: Wednesday, February 21, 2024Time: 11:00 a.m. ETListen-Only Webcast: https://events.q4inc.com/attendee/541149212Direct Event Registration Link (for Analysts only): https://registrations.events/direct/Q4I90079276 An archive of the webcast will be available on the Company's websit

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