Aya Gold & Silver Signs Renewable Power Purchase Agreement with Energie Éolienne du Maroc

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[{"type":"text","content":"\n \n \n \n Aya Gold & Silver Signs Renewable Power Purchase Agreement with Energie Éolienne du Maroc\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n Aya Gold & Silver Signs Renewable Power Purchase Agreement with Energie Éolienne du Maroc\n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n Feb. 16, 2023\n \n \n /CNW/ -\n \n \n Aya Gold\n \n & Silver Inc.\n \n (TSX: AYA) (OTCQX: AYASF) (\"Aya\" or the \"Corporation\") is pleased to announce that its subsidiary, Zgounder Millennium Silver Mining SA, has entered into a 20-year Power Purchase Agreement (the \"PPA\") with Energie Éolienne du Maroc (\"EEM\"), a subsidiary of Nareva, for the procurement of renewable energy starting upon completion of the Zgounder Project expansion.\n \n \n The PPA will allow the new and existing Zgounder processing plants and surrounding infrastructure to operate predominantly with renewable electricity and supports the Corporation's objective of implementing responsible mining and climate change initiatives in the Kingdom of\n \n Morocco\n \n . Specifically, the PPA allows Aya to achieve up to zero Scope 2 emissions once the new plant is in operation and reduces carbon intensity by 85% over the same period. Scope 2 emissions comprise of indirect greenhouse gas (\"GHG\") emissions associated with the Corporation's consumption of purchased electricity, including the facility where the electricity is generated.\n \n \n \n PPA Contract Highlights:\n \n \n \n \n Pay-As-You-Go agreement for 80 gigawatt hours annually;\n \n \n Electricity will be generated from EEM's renewable energy projects and transmitted through the national electric grid to the mine;\n \n \n Up to 1...

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