Aya Gold & Silver Announces Completion of Strategic Transaction with Mx2 Mining

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[{"type":"text","content":"Aya Gold & Silver Announces Completion of Strategic Transaction with Mx2 Mining\n\n\n\n MONTREAL, April 16, 2025 (GLOBE NEWSWIRE) --\n \n Aya Gold & Silver Inc.\n \n (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce the successful closing of the previously announced strategic transaction with Mx2 Mining Inc. (“Mx2”), which includes the transfer of rights to the Amizmiz Gold Project (“Amizmiz” or the “Project”) located in the Kingdom of Morocco (the “Transaction”).\n \n\n\n\n\n\n\n\n\n Transaction Highlights\n \n\n\n\n Mx2 acquires 100% interest in the Amizmiz Gold Project\n \n\n\n Historical Inferred Mineral Resource*\n \n of 340,000 ounces at 12.98 g/t gold\n \n\n\n\n Strong capital base supports growth\n \n\n Private placement completed with C$16 million raised\n \n\n Aya invested C$1 million in the financing and in combination with the Transaction\n \n now owns 42.3% of Mx2\n \n\n\n Mx2 directors and officers hold 10%; institutional investors hold 23%\n \n\n\n\n Governance aligns with Aya’s strategic interest\n \n\n\n Benoit La Salle (Aya President & CEO) and Ugo Landry-Tolszczuk (Aya CFO) appointed to Mx2’s Board of Directors\n \n\n\n\n\n Operational momentum in Morocco\n \n\n Mx2 exploration and operations team fully established\n \n\n Mx2 Marrakech office, situated near Aya’s existing operations, opened\n \n\n Mx2 active pipeline of new opportunities under evaluation across Morocco and Mauritania\n \n\n\n\n\n\n\n\n\n\n\n\n * Not National Instrument 43-101 compliant.\n \n\n\n\n “This transaction creates value for all Aya shareholders by unlocking the potential of Amizmiz through a focused, well-capitalized partner – Mx2,”\n \n stated Benoit La Salle, President and CEO.\n \n “We view this as a terrific partnership that leverages Aya’s platform in Morocco while maintaining meaningful exposure to upside through our equity interest and Board representation. Mx2’s experienced team and aggressive exploration mandate will strongly complement Aya’s growth strategy across the region.”\n \n\n\n\n “We’re very pleased to have completed the transaction to formally launch Mx2 Mining,”\n \n commented Adam Spencer, President a...

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