Kuya Silver increases placement to $25.5-million

Executive Summary

• Kuya Silver Corp. upsized its best‑efforts brokered private placement from up to $15 M to up to $25.5 M in gross proceeds.
• The offering will sell up to 25.5 million units at $1.00 per unit, each unit consisting of one common share and half a warrant (full warrant exercisable at $1.30 for 36 months).
• Net proceeds are earmarked for general corporate purposes, development of the Bethania project in Peru, exploration of Silver Kings in Ontario, and discretionary growth capital.

Key Details

• Upsized Size: Aggregate gross proceeds increased to up to $25.5 million (from $15 M).
• Units Offered: Up to 25.5 million units at $1.00 per unit.
• Unit Composition: 1 common share + ½ of a common‑share purchase warrant; each full warrant allows purchase of one additional common share at $1.30 for 36 months from issuance.
• Placement Structure: Up to $15.5 M under the LIFE exemption; up to $10 M under OSC Rule 72‑503 (distributions outside Canada).
• Co‑Leads: AGP Canada Investments ULC and Integrity Capital Group Inc.
• Regulatory Framework: Conducted pursuant to NI 45‑106, Canadian Securities Administrators’ Blanket Order 45‑935, OSC Rule 72‑503, and U.S. securities law exemptions where applicable; no statutory hold period on units.
• Use of Proceeds: General corporate & working capital; advance Bethania project (including acquisition/development of concentrate processing capacity); continue exploration at Silver Kings (Ontario); discretionary growth capital.
• Closing Timeline: Multiple tranches; first tranche expected ≈ Jan 14, 2026, final closing no later than Feb 20, 2026.
• Conditions: Subject to required approvals, including Canadian Securities Exchange approval.

Notable Quotes

(No direct quotes provided in the release.)