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Kuya Announces Second Tranche Closing of Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption
Toronto, Ontario--(Newsfile Corp. - August 21, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") announces the second and final tranche closing of its non-brokered private placement previously announced July 24, 2025 and amended August 13, 2025 (the "Offering"). The Company issued 2,280,000 units of the Company (each, a "Unit") at a price of CAD$0.50 per Unit for aggregate gross proceeds of CAD$1,140,000 (the "Second Tranche"). Together ...
About this update from Kuya Silver Corporation
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - August 21, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") announces the second and final tranche closing of its non-brokered private placement previously announced July 24, 2025 and amended August 13, 2025 (the "Offering"). The Company issued 2,280,000 units of the Company (each, a "Unit") at a price of CAD$0.50 per Unit for aggregate gross proceeds of CAD$1,140,000 (the "Second Tranche"). Together with the first tranche, the Company issued 18,140,000 Units for aggregate gross proceeds under the Offering of CAD$9,070,000. The Offering was completed pursuant to the amendments to National Instrument 45-106 — Prospectus Exemptions set forth in Part 5A thereof (the "LIFE Exemption") to purchasers resident in Canada, except Québec, and such other jurisdictions outside of Canada in compliance with applicable securities laws of those jurisdictions. The Company filed a Form 45-106F19 offering document dated July 24, 2025 as amended on August 13, 2025 (the "Offering Document") related to the Offering that can be accessed under Kuya Silver's profile at www.sedarplus.ca and on the Company's website https://www.kuyasilver.com. Prospective investors were asked to read the Offering Document before making an investment decision.","length":1415,"tagName":"p"},{"type":"text","content":"Each Unit consists of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant issued in the Second Tranche entitles the holder thereof to acquire one additional Common Share at an exercise price of CAD$0.65 per Common Share until August 20, 2028. The Units issued in the Offering will not be subject to any statutory hold period under applicable Canadian securities laws, subject to limitations prescribed by the LIFE Exemption.","length":536,"tagName":"p"},{"type":"text","content":"In connection with the Second Tranche, the Company compensated finders eligible and qualified under Canadian securities laws a cash commission totaling $45,600, being up to 4.0% on total proceeds received from subscribers introduced to the Company by eligible finders and issued 91,200 non-transferable Com...