Kuya Announces Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption up to $15 Million

Executive Summary

• Kuya Silver announced a “best‑efforts” brokered private placement for up to 15 million units at CAD $1.00 per unit, targeting gross proceeds of up to CAD $15 million.
• Each unit consists of one common share and half of a warrant (full warrant = two halves) that allows purchase of an additional share at CAD $1.30 for 36 months.
• Net proceeds are earmarked for general corporate purposes, advancing the Bethania Project’s processing capacity, continued exploration on the Silver Kings Project, and discretionary growth capital.

Key Details

• Offering Structure: Up to 15,000,000 units @ CAD $1.00 per unit → maximum gross proceeds of CAD $15,000,000.
• Unit Composition: 1 common share + ½ warrant (each full warrant grants the holder one additional common share at an exercise price of CAD $1.30).
• Warrant Terms: Exercise price CAD $1.30 per share; exercisable for 36 months from issuance; warrants are not subject to a statutory hold period under Canadian law.
• Lead Underwriters: A.G.P. Canada Investments ULC and Integrity Capital Group Inc. (co‑lead brokers).
• Use of Proceeds:
• General corporate and working‑capital needs.
• Advance Bethania Project in Peru – acquisition/development of concentrate processing capacity (including possible off‑site equipment or facilities).
• Continue exploration on the Silver Kings Project in Ontario.
• Discretionary growth capital as detailed in the Offering Document.
• Closing Timeline: First tranche expected on or before January 22, 2026; final closing within 45 days of the announcement date, subject to required approvals (including Canadian Securities Exchange).
• Regulatory Framework: Conducted under NI 45‑106 prospectus exemptions and the LIFE exemption for non‑Québec Canadian investors and other jurisdictions. No U.S. registration; securities not offered or sold in the United States.
• CEO Comment: David Stein highlighted the company’s position to vertically integrate production, moving from toll milling to self‑processing of silver concentrate to de‑risk ramp‑up and capture greater value chain upside at Bethania.

Notable Quotes

“Given the stronger market conditions, Kuya Silver is in a unique position in the short‑term to vertically integrate our production capabilities… Our immediate focus is to transition from toll milling to self‑processing of silver concentrate, further de‑risking our production ramp‑up and laying the foundation for future production growth.” – David Stein, President & CEO

All boilerplate, forward‑looking disclaimer, and “About the Company” sections have been omitted for clarity.