Aya Gold & Silver Closes Bought Deal Offering with Full Exercise of Over-Allotment Option for Gross Proceeds of $143.8 Million

Core Viewpoint - Aya Gold & Silver Inc. has successfully closed an upsized underwritten public offering of common shares, raising approximately $143.75 million at a price of $13.35 per share, including the full exercise of the over-allotment option [1][4]. Group 1: Offering Details - The offering was led by Desjardins Capital Markets as the sole bookrunner, with National Bank Financial Inc. and BMO Capital Markets as co-lead underwriters, supported by a syndicate of other underwriters [2]. - The offering was completed through a prospectus supplement to the short form base shelf prospectus dated June 10, 2025, which was filed on June 12, 2025 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to advance the exploration program at Boumadine, the exploration program at Zgounder Regional, and for working capital and general corporate purposes [3]. Group 3: Company Position - Following the financing, the company is in its strongest liquidity position to date, allowing it to unlock the value of the Boumadine project while maintaining strong operational performance at Zgounder [4]. - Aya Gold & Silver Inc. is a rapidly growing silver producer based in Canada, operating the high-grade Zgounder Silver Mine in Morocco and exploring properties along the South-Atlas Fault [6].