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The initial distribution of the Net Settlement Fund commenced on November 5, 2025. Claims were calculated pursuant to the Court-approved Plan of Allocation. If you received a payment in this distribution, please promptly cash your cheque, as the funds may no longer be available to be paid to you after May 4, 2026. If you have questions regarding your cheque or the initial distribution, please send an email with your questions to [email protected]. |
The Ontario Superior Court of Justice approved class action settlements, one for C$1 million and another for US$3 million, to resolve all claims asserted on behalf of persons who:
(i) purchased Gatos Silver securities under Gatos Silver’s Impugned Prospectuses filed in October 2020 and July 2021 and in the distributions to which they related; or
(ii) acquired Gatos Silver securities during the period from October 28, 2020 until January 25, 2022 at 6:52 p.m. Eastern Standard Time (“Class Period”) on any Canadian exchange or Canadian alternative trading system.
The settlement is a compromise of disputed claims and is not an admission of liability or wrongdoing by the defendants.
To be eligible to obtain compensation from the settlement, Settlement Class Members must submit a Claim Form to the Administrator here by October 30, 2024.
For important information regarding the class action, to determine if you are a member of the Settlement Class, and to learn how to make a claim for compensation:
Important Deadlines:
Claims Deadline - October 30, 2024