The Prospector News

Kuya Silver Announces Closing of Second and Final Tranche of Strategic Investment by Trafigura

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Kuya Silver Announces Closing of Second and Final Tranche of Strategic Investment by Trafigura

 

 

 

 

 

Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) is pleased to announce it has closed the second and final tranche of a USD$1,200,000 non-brokered private placement pursuant to an agreement with Trafigura Pte Ltd, through two of its subsidiaries, whereby Trafigura has invested USD$970,000 to acquire 5,266,324 units of Kuya Silver at a price of CDN$0.25 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 $0.37 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% to the Warrant exercise price for one month.

 

About Kuya Silver Corporation

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.

Posted April 12, 2024

Share this news article

MORE or "UNCATEGORIZED"


Newmont Announces Sale of the Coffee Project for up to $150 Million

Newmont Corporation (NYSE: NEM) (TSX: NGT) (ASX: NEM) (PNGX: NEM... READ MORE

September 15, 2025

FREEMAN GOLD DRILLS 0.37 G/T AU OVER 120.4 METRES INCLUDING 0.85 G/T AU OVER 41.2 METRES NEAR SURFACE AT THE LEMHI GOLD PROJECT

Freeman Gold Corp. (TSX-V: FMAN) (OTCQB: FMANF) (FSE: 3WU) is pl... READ MORE

September 15, 2025

Kobo Resources Closes Second and Final Tranche of the Upsized Non-Brokered Private Placement for Gross Proceeds of Over $3.96 Million

Kobo Resources Inc. (TSX-V: KRI) is pleased to announce that it h... READ MORE

September 15, 2025

First Nordic and Mawson Announce Merger to Create a Leading Nordic-Focused Gold Development and Exploration Company

First Nordic Metals Corp. (TSX-V: FNM) (FNSE: FNMC SDB) (OTCQX: F... READ MORE

September 15, 2025

First Phosphate Closes Follow-On Tranche of Oversubscribed Private Placement

First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is ... READ MORE

September 15, 2025

Copyright 2025 The Prospector News