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ARYA RESOURCES LTD.
Suite 450 - 850 West Hastings Street
Vancouver, BC V6C 3J1
NEWS RELEASE
ARYA RESOURCES COMPLETES SHARES FOR DEBT
March 28, 2025 - Arya Resources Ltd. (TSXV: CHS) (the "Company") announces that it has received TSX Venture acceptance for and closed a shares for debt transaction (the "SFD"), issuing 2,647,010 common shares at a deemed price of $0.05 per share to settle $132,350 in liabilities. The shares are subject to a hold period expiring July 29, 2025.
Mr. Rasool Mohammad, CEO of the Company, acquired 1,344,780 shares, representing 4.74% of the post-closing issued and outstanding shares of the Company. This insider participation in the SFD constitutes a "related party transaction" under the policies of the TSX Venture Exchange and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), and the Company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and (b), and 5.7(1)(a), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter of nor the consideration for the transaction, insofar as it involves interested parties, exceeds 25% of the issuer's market capitalization; and no securities of the company are listed or quoted on a certain exchanges or markets specified in MI 61-101.
About Arya Resources Ltd.
Arya Resources Ltd (TSXV:RBZ) is listed on the TSX Venture Exchange as a tier-2 mining and mineral exploration issuer. The Company is focused on acquiring, exploring and development of "critical minerals" as well as energy-metals projects including Gold, Uranium, Lithium and Rare Earth elements in stable jurisdictions.
On behalf of the Board of Directors:
Rasool Mohammad, CEO
Email: rasoolm@telus.net
Telephone: (604) 868-7737
https://aryaresourcesltd.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release may include certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "might", "could", "should", "would" or "might" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions. These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
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