Mr. David Stein reports

KUYA SILVER ANNOUNCES GRANT OF STOCK OPTIONS

Pursuant to a 10-per-cent rolling equity incentive plan, Kuya Silver Corp. has approved the grant of an aggregate of 525,000 stock options, each exercisable to acquire one common share in the capital of the company at an exercise price of 50 cents per common share, effective Oct. 19, 2026.

Of the options, 475,000 have been approved for grant to the company's independent directors as their annual equity incentive and will expire five years from the grant date. The remaining 50,000 options have been approved for grant to an independent strategic adviser to the company, as a one-time grant in recognition of his contributions to the company, and will expire two years from the grant date.

The options will vest as to one-third on the grant date, one-third on the first anniversary of the grant date and one-third on the second anniversary of the grant date. The options are subject to the terms of the plan and the applicable option agreements, including earlier termination in accordance with those terms.

Any common shares issued pursuant to the exercise of the options are subject to a hold period expiring four months and one day from the grant date.

About Kuya Silver Corp.

Kuya Silver is a Canadian-based, growth-oriented mining company with a focus on silver. Kuya Silver operates the Bethania silver mine in Peru while developing district-scale silver projects in mining-friendly jurisdictions, including Peru and Canada.

We seek Safe Harbor.