MONTREAL, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) strongly refutes the misleading and inaccurate claims contained in the short-seller report. The report contains numerous inaccuracies and mischaracterizations, including about Aya’s current management team, operations, and resource base, which the Corporation believes are intentionally misleading and are intended to benefit the short seller, which has itself disclosed that it stands to p ...

Core Viewpoint - Aya Gold & Silver Inc. strongly refutes the claims made in a short-seller report, asserting that the allegations are misleading and intended to benefit the short seller at the expense of shareholders [1][2]. Group 1: Resource and Operations - Aya has produced over 10 million ounces of silver since 2020, with production aligning with reserve estimates, reinforcing the reliability of its resource base [7]. - The resource model for Zgounder has been supported by extensive drilling, with a total of 121,500 meters completed by December 2021 and an additional 231,000 meters from December 2021 to June 2025, enhancing confidence in the resource base [7]. - The mineral resource estimate for Zgounder has been independently verified by P&E Mining Consultants Inc. in compliance with National Instrument 43-101 [4][7]. Group 2: Financial Strength - Aya maintains a robust balance sheet with approximately US$115 million in cash and generates operating cash flow from Zgounder, allowing for self-funding of growth initiatives [6][7]. - The company is on track to release a Preliminary Economic Assessment for Boumadine before year-end, indicating ongoing investment in growth opportunities [7]. Group 3: Future Developments - An updated technical report for Zgounder is expected to be published before year-end, which will include a new mine plan integrating both open-pit and underground operations [5][8]. - Recent drilling continues to confirm extensions at Zgounder, while Boumadine is advancing as a tier-one growth asset, showcasing the company's commitment to long-term value creation [8].

Core Viewpoint - Nord Precious Metals Mining Inc. is conducting a non-brokered private placement to raise between $1 million and $4 million to support its mining operations and resource development efforts [1][4]. Financing Details - The Offering consists of a minimum of 8,333,333 Units and a maximum of 33,333,333 Units priced at $0.12 per share [1]. - Each Unit includes one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.155 for five years [2]. - The Offering is expected to close around September 26, 2025, subject to regulatory approvals [8]. Use of Proceeds - The net proceeds will be used for testing tailings recovery, pilot testing of the Re-2Ox process, and diamond drilling on the Castle East Property [4][7]. - Specific objectives include advancing resource work, submitting Recovery Permit materials, and funding administrative expenses [7]. Company Overview - Nord operates a high-grade milling facility in Ontario's Cobalt Camp and has a flagship property that includes 63 sq. km of exploration ground with significant silver resources [13]. - The company has delineated 7.56 million ounces of silver in inferred resources with an average grade of 8,582 g/t Ag [13]. - Nord's integrated processing strategy focuses on recovering multiple metals, including cobalt and nickel, to meet the growing demand for battery materials [14]. Advisory and Finder Arrangements - Research Capital Corporation has been engaged as the exclusive finder for the Offering, receiving an 8% cash commission and warrants [9][10]. - The company will also pay a fee of $25,000 to the advisor for financial advisory services [10]. Related Party Transactions - Participation by insiders in the Offering will be considered a related party transaction but is expected to be exempt from certain formal requirements [11].