Core Viewpoint - Aya Gold & Silver Inc. has achieved financial completion under its US$100 million project loan with the European Bank for Reconstruction and Development for the expansion of the Zgounder Silver Mine in Morocco [1][2]. Financial Milestones - Financial completion was reached after a thorough technical and financial review by the EBRD, indicating the mine's successful transition to commercial production and compliance with financial covenants and the Environmental and Social Action Plan [2]. - This achievement leads to a reduction in the Corporation's security guarantees and a decrease in the debt service recovery account, which is recorded as restricted cash in the financial statements [3]. Company Operations and Growth - The President & CEO of Aya Gold & Silver highlighted that achieving financial completion is a significant milestone, showcasing the team's execution and operational robustness, positioning the company to generate strong free cash flow and pursue its next growth phase [4]. - Aya operates the Zgounder mine, a unique silver-only mine, and is expanding its processing facility. The company also has a growth pipeline that includes the Boumadine polymetallic project, which has substantial mineral resources and exploration potential [5]. Corporate Vision - Aya is led by a team of experienced mining professionals and is committed to responsible mining practices, aiming to deliver sustainable value for shareholders, employees, and host communities [6].

Core Viewpoint - Aya Gold & Silver Inc. announces the retirement of two long-standing Board members, Robert Taub and Dr. Jürgen Hambrecht, who will not seek re-election at the upcoming annual meeting, marking a significant transition in the company's governance [1][5]. Group 1: Board Member Contributions - Robert Taub has been on the Board for 10 years, serving as Chair since 2020, and has been pivotal in Aya's evolution and turnaround over the past five years, providing strategic leadership [2]. - Dr. Jürgen Hambrecht has served on the Board since 2019 and has played a key role in strengthening Aya's governance framework and advancing best practices [3]. Group 2: Shareholder Transactions - In connection with the Board transition, Taub and Hambrecht sold a total of 7.5 million shares, while remaining significant long-term shareholders of Aya [4]. - Management members sold approximately 1.1 million shares, representing about 12% of the executive management team's holdings, primarily from shares issued through long-term incentive plan options [4]. Group 3: Company Overview - Aya Gold & Silver is a Canadian precious metals mining company based in Morocco, focused on expanding its resource base and land package along the Anti-Atlas Fault, a geologically rich region [6]. - The company operates the Zgounder silver mine and is advancing the Boumadine polymetallic project, which has substantial mineral resources and significant exploration potential [7]. - Aya is committed to responsible mining and aims to deliver sustainable value for shareholders, employees, and host communities [8].