Aya Gold & Silver Announces Filing of Prospectus Supplement

Core Viewpoint - Aya Gold & Silver Inc. has filed a prospectus supplement for a bought deal equity financing to raise approximately $125 million through the sale of 9,363,300 common shares at a price of $13.35 per share [2][4]. Group 1: Offering Details - The offering is led by Desjardins Capital Markets as the sole bookrunner, with National Bank Financial Inc. and BMO Capital Markets as co-lead underwriters [3]. - An over-allotment option has been granted to the underwriters to purchase up to an additional 15% of the shares, which could raise an additional $18.75 million, bringing total proceeds to approximately $143.75 million if fully exercised [4]. - The closing date for the offering is scheduled for around June 18, 2025, pending necessary approvals [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to advance exploration programs at Boumadine and Zgounder Regional, as well as for working capital and general corporate purposes [5]. Group 3: Company Overview - Aya Gold & Silver Inc. is a rapidly growing silver producer based in Canada, operating the high-grade Zgounder Silver Mine in Morocco [11]. - The company is the only TSX-listed pure silver mining company and is focused on maximizing shareholder value through sustainable practices [12].