Exchange Bulletin

Gatos Silver, Inc. (GATO) To Trade On Toronto Stock Exchange

October 28, 2020
Issuer: Gatos Silver, Inc. (the "Company")
Security: Shares of common stock ("Common Shares")
Symbol: GATO
Issue price per security: US$7.00
Number of securities issued and outstanding: 31,779,512
Number of securities reserved for issuance: 42,403,564
Listing category: Mining, Non-Exempt Issuer
Trading currency: CDN $
Transaction: Initial public offering of Common Shares (the "Offering")
Listing date: October 29, 2020 (as at 5:01 p.m.) in anticipation of closing of the Offering
Anticipated closing date: October 30, 2020 (prior to the opening)
Posted for trading date: October 30, 2020 (at the opening) subject to confirmation of closing of the Offering
End of trading on an "if, as and when issued" basis: The Common Shares commenced trading on Toronto Stock Exchange ("TSX") on an "if, as and when issued" basis on Wednesday, October 28, 2020. Subject to the closing of the Offering occurring as scheduled prior to the opening of business on Friday, October 30, 2020 , trading on an "if, as and when issued" basis will conclude at the close of business on Thursday, October 29, 2020, unless the Offering closing has been delayed.
Other market(s): New York Stock Exchange
Temporary market maker: Citadel Securities Canada ULC.
Security ownership registration: Non-certificated inventory system administered by CDS.
Investor relations: Adam Dubas
(720) 248-8904

- and -

Tiffany Osburn
(720) 779-3404
Incorporation: The Company was incorporated in Delaware on February 2, 2011.
Fiscal year end: December 31
Nature of business: The Company is a U.S.-based precious metals production, development and exploration company. The Company is currently focused on the production and continued development of the Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District.
Transfer agent and registrar: TSX Trust Company in Canada at its principal office in Toronto and EQ by Equiniti in the United States.
Dividends: The Company does not anticipate paying any dividends for the foreseeable future.
Sponsorship: Waived.
Offering document: Final Base PREP Prospectus dated October 27, 2020 which is available at Capitalized terms not otherwise defined herein are as defined in the offering document.
Initial public offering: The Offering will be comprised of a treasury offering by the Company of 21,430,000 Common Shares at an offering price of US$7.00 per share (the "Offering Price") for gross proceeds of approximately US$150 million to the Company. In addition, the Company has granted the Underwriters an option (the "Over-Allotment Option") to purchase an additional 3,214,500 Common Shares from the Company at the Offering Price.
Additional information: Please refer to the trader note released by the TSX at 8:37 a.m. today, October 28, 2020 and to the Issuer's press release dated October 27, 2020 .
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange