Yukon Metals Corp press release

SHAREHOLDER ALERT - Labaton Sucharow Investigating Gatos Silver Inc. - GATO

2022-02-04

CSE - Canadian National Stock Exchange · Gold · Copper · Molybdenum · Silver · Lead · Zinc · Barium · Cadmium · Tin · Antimony · Arsenic · Cobalt · Nickel · Iron · Selenium · Tellurium · Scandium · Bismuth · Platinum · Lanthanum · Yttrium · Rare Earth Elements · Canada

NEW YORK, NY / ACCESSWIRE / February 4, 2022 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, announces that it is investigating potential violations of the federal securities laws by Gatos Silver Inc. ("Gatos Silver" or "the Company") (NYSE:GATO).

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Gatos Silver provided investors with an update on resources and reserves for the Los Gatos Joint Venture on January 25, 2022. The Company admitted that it had "concluded that there were errors in the technical report entitled ‘Los Gatos Project, Chihuahua, Mexico' with an effective date of July 1, 2020 (the ‘2020 Technical Report'), as well as indications that there is an overestimation in the existing resource model." The Company disclosed that a preliminary estimate of the reduction in metal content ranges from 30% to 50% remaining after depletion. Based on this news, shares of Gatos Silver are down almost 65% in intraday trading on January 26, 2022.

If you currently own stock or options in Gatos Silver Inc. and suffered a loss, click here to participate.

If you want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at david@labaton.com.

About the Firm

Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at labaton.com.

CONTACT:

David J. Schwartz (800) 321-0476 david@labaton.com

SOURCE: Labaton Sucharow LLP

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