Balance Sheet ImprovementThe removal of non-core assets and liabilities from GR Silver’s balance sheet resolves a significant working capital deficit that was preventing the Company from raising additional capital for exploration and resource growth.
Cash Flow GenerationThe sale of concentrate from the Plomosas Property’s San Juan vein should generate sufficient cash flow to pay for the Company’s G&A, allowing any additional capital raised to be deployed toward exploration.
Tax Liability RemovalRemoval of La Trinidad’s concession tax liability should clear the way for the Company to raise additional capital, which comes at a time of high silver prices commensurate with projected silver supply deficits on the metal’s growing industrial importance.