Kuya Silver Corporation announced a non-brokered private placement of up to 4,166,667 flow-through units at a price of CAD 0.48 per share for the gross proceeds of CAD 2,000,000 on June 10, 2024. Each FT Unit is comprised of one common share in the capital of the company that qualifies as a ?flow-through share? for the purposes of the Income Tax Act and one-half of one (1/2) non-transferable common share purchase warrant.

Each Warrant entitles the holder to purchase one (1) non-flow-through common share in the capital of the Company at price of CAD 0.64 per Common Share for a period of 24 months from the date of issuance. All securities issued under the Offering, including securities issuable on exercise thereof, will be subject to a hold period expiring 4 months and 1 day after issuance.