Mr. Rasool Mohammad reports
ARYA RESOURCES LTD. (RBZ) UPSIZES FLOW-THROUGH FINANCING AMID SURGING INVESTOR DEMAND
Arya Resources Ltd. has upsized its previously announced flow-through financing, driven by growing investor interest. The company will issue 4,873,146 flow-through shares, up from the originally planned 3,846,154 shares. The FT shares are priced at 13 cents per share and qualify as flow-through shares as defined in Subsection 66(15) of the Income Tax Act (Canada).
The increase brings the total gross proceeds from the financing, including the non-flow-through tranche closed on June 3, 2025, to $1,143,509.
This financing supports Arya's aggressive exploration and growth plans in one of Canada's most prospective mining jurisdictions.
Use of proceeds:
- Flow-through proceeds will directly finance exploration work on Arya's Saskatchewan-based mineral projects, including its flagship Wedge Lake gold project, where the company holds full permits to commence drilling as announced in its March 19, 2025, news release. See the March 19, 2025, news release.
- Non-flow-through proceeds will be allocated to general working capital, supporting continuing corporate development and strategic initiatives.
Finders' fees
In accordance with applicable securities laws and subject to TSX Venture Exchange approval, Arya may pay finders' fees to eligible parties as follows:
- 7-per-cent cash commission on subscription proceeds raised from introduced investors;
- Finder warrants equal to 7 per cent of the securities sold to these investors, with terms identical to those of the investor warrants.
About Arya Resources Ltd.
Arya is a Canadian-based mineral exploration company focused on unlocking the value of high-potential gold, silver, copper, nickel and cobalt projects in mining-friendly jurisdictions. As a Tier 2 issuer on the TSX Venture Exchange, Arya is committed to building shareholder value through strategic acquisitions, targeted exploration and sustainable development.
We seek Safe Harbor.
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