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Kuya Silver Corp
Symbol KUYA
Shares Issued 92,922,899
Close 2023-12-28 C$ 0.245
Market Cap C$ 22,766,110
Recent Sedar Documents

Kuya Silver closes $450,240 private placement

2023-12-29 11:13 ET - News Release

Mr. David Stein reports

KUYA SILVER ANNOUNCES CLOSING OF FLOW THROUGH FINANCING

Kuya Silver Corp. has closed a non-brokered flow-through private placement for aggregate gross proceeds of $450,240 with a single investor. Under the Offering, the Company issued flow-through units (each, a "FT Unit") at a price of CAD$0.28 per FT Unit. Each FT Unit is comprised of one (1) common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (each, a "FT Common Share") and one-half of one (1/2) non-transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one (1) non-flow-through common share in the capital of the Company (each a "Common Share") at price of CAD$0.37 per Common Share until December 28, 2025. 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 paid a finder's fee of $27,014 to a qualified non-related party, in accordance with the policies of the Canadian Securities Exchange (the "Exchange").

All securities issued under the Offering, including securities issuable on exercise thereof, are subject to a hold period expiring April 29, 2024, in accordance with the rules and policies of the Exchange and applicable Canadian securities laws.

About Kuya Silver Corporation

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.

We seek Safe Harbor.

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