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Kuya Silver Corp
Symbol KUYA
Shares Issued 87,742,899
Close 2023-12-19 C$ 0.24
Market Cap C$ 21,058,296
Recent Sedar Documents

Kuya Silver arranges $450,240 private placement

2023-12-19 18:28 ET - News Release

Mr. David Stein reports

KUYA SILVER ANNOUNCES FLOW THROUGH FINANCING

Kuya Silver Corp. intends to complete a non-brokered flow-through private placement for aggregate gross proceeds of up to $450,240 with a single investor. Under the offering, the company will issue flow-through units at a price of 28 cents per FT unit. Each FT unit comprises one common share in the capital of the company that qualifies as a flow-through share for the purposes of the Income Tax Act (Canada) and one-half of one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one non-flow-through common share in the capital of the company at price of 37 cents per common share for a period of 24 months from the date of issuance. The proceeds from the offering will be used for expenditures that qualify as Canadian exploration expenses, within the meaning of the Income Tax Act (Canada), to carry out exploration programs on the company's Canadian properties.

In connection with the offering, the company may pay finders' fees to qualified non-related parties, in accordance with the policies of the Canadian Securities Exchange.

All securities issued under the offering, including securities issuable on exercise thereof, will be subject to a hold period expiring four months and one day after issuance, in accordance with the rules and policies of the exchange and applicable Canadian securities laws.

About Kuya Silver Corp.

Kuya Silver is a Canadian-based mineral exploration and development company with a focus on acquiring, exploring and advancing precious metals assets in Peru and Canada.

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