Aya reaches financial completion under Euro bank loan

Mr. Benoit La Salle reports AYA GOLD & SILVER ACHIEVES FINANCIAL COMPLETION WITH EBRD FOR ZGOUNDER SILVER MINE EXPANSION Aya Gold & Silver Inc. has achieved financial completion under its $100-million (U.S.) project loan with European Bank for Reconstruction and Development for the expansion of the Zgounder silver mine in the Kingdom of Morocco. Financial completion was achieved following a comprehensive technical and financial review conducted by the EBRD. This milestone demonstrates the mine's successful transition to commercial production, as well as material compliance with financial covenants and the environmental and social action plan. This achievement results in a reduction of the corporation's security guarantees and a corresponding decrease in the debt service recovery account, which is recorded as restricted cash in the corporation's financial statements, under the financing agreement. "Achieving financial completion marks a major milestone for Aya," said Benoit La Salle, president and chief executive officer of Aya Gold. "It validates the exceptional execution of our team, the robustness of our operations and the confidence of our financial partners. With Zgounder now performing above design capacity, Aya is well positioned to generate strong free cash flow and deliver on its next phase of growth." About Aya Gold & Silver Inc. Aya Gold & Silver is a Canadian precious metal mining company anchored in Morocco and active across the full mining value chain. The corporation has established exploration leadership through a systematic, technology-led, data-driven approach, and is focused on expanding its resource base and land package along the Anti-Atlas fault -- one of Africa's most geologically rich, underexplored and mining-friendly regions. Aya operates Zgounder, a rare, silver-only mine, producing silver dore from its newly expanded processing facility. Aya's growth pipeline includes the Boumadine polymetallic project, where feasibility study work is under way. The project hosts a substantial mineral resource, a large mineralized footprint and significant exploration potential. Led by a proven team of mining professionals, Aya is guided by a vision of responsible mining, and is committed to delivering sustainable value for shareholders, employees and host communities. We seek Safe Harbor.