Kuya Announces Amendment to Compensation Terms for Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption

Core Viewpoint - Kuya Silver Corporation has announced an amendment to its non-brokered private placement, aiming to raise between CAD$5 million and CAD$10 million through the issuance of units priced at CAD$0.50 each, with the offering expected to close in multiple tranches by September 7, 2025 [1][5]. Group 1: Offering Details - The offering consists of a minimum of 10,000,000 units and a maximum of 20,000,000 units, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase an additional common share at CAD$0.65 for 36 months from issuance [2]. - The offering is conducted under the LIFE Exemption, allowing sales to Canadian residents (excluding Québec) and other jurisdictions compliant with local securities laws [1]. Group 2: Compensation Structure - The company has amended the compensation for finders, offering a cash commission of up to 4.0% on total proceeds and non-transferable finder's warrants equal to up to 4.0% of total units issued [3]. - Each finder's warrant allows the holder to acquire one common share at CAD$0.50 for 36 months from issuance, with a statutory hold period of 4 months and 1 day [3]. Group 3: Use of Proceeds - The net proceeds from the offering will be allocated for exploration and development expenses related to the Bethania project and for general working capital [4]. Group 4: Engagement of Advisors - Kuya Silver has engaged ECM Capital Advisors Inc. for financing and market advisory services, with a fee of CAD$350,000 upon successful financing of at least CAD$5 million [8][10]. - Mr. Eugene C. McBurney, a director of Kuya Silver, is the Managing Partner at ECM, bringing over 25 years of international investment banking experience, particularly in the mining sector [9].