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Kuya Silver Corp
Symbol KUYA
Shares Issued 93,360,399
Close 2024-04-11 C$ 0.42
Market Cap C$ 39,211,368
Recent Sedar Documents

Kuya Silver closes final tranche of private placement

2024-04-11 18:00 ET - News Release

Mr. David Stein reports

KUYA SILVER ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF STRATEGIC INVESTMENT BY TRAFIGURA

Kuya Silver Corp. has closed the second and final tranche of a $1.2-million (U.S.) non-brokered private placement pursuant to an agreement with Trafigura Pte. Ltd., through two of its subsidiaries, whereby Trafigura has invested $970,000 (U.S.) to acquire 5,266,324 units of Kuya Silver at a price of 25 cents per unit to support the restart of production from the Bethania mine located in central Peru to produce silver-lead and zinc concentrates. Each unit consists of one common share in the capital of Kuya Silver and one common share purchase warrant. Each warrant entitles the holder to acquire one common share for 37 cents until April 11, 2026. Trafigura has agreed to hold the common shares acquired in the offering for a minimum of one year and will immediately exercise the warrants if the common shares trade at a premium of 25 per cent to the warrant exercise price for one month.

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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