Breaking News: Kuya Silver Secures Additional Funding with Successful Closing of Convertible Financing

Toronto, Ontario–(Newsfile Corp. – December 6, 2024) –

Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the “Company” or “Kuya Silver”) announces it has closed a second tranche in connection with a convertible financing agreement (the “Agreement”) with an investor (the “Investor”) as disclosed in its press releases of October 1, 2024 and October 10, 2024.

Under the terms of the Agreement, the Investor subscribed for, and the Company issued, an additional unit (“Additional Unit”) comprised of a secured convertible debenture of the Company in the principal amount of CAD$436,500 (face value of CAD$485,000) (the “Additional Debenture”) and 560,595 common share purchase warrants of the Company (each a “Warrant”) exercisable at CAD$0.37 until June 5, 2027.

This additional funding secured by Kuya Silver Corporation marks a significant milestone for the company. With the successful closing of the convertible financing, Kuya Silver now has the resources to further expand its operations, invest in new technologies, and accelerate its growth in the silver market.

By securing this additional funding, Kuya Silver is positioning itself for future success and strengthening its position in the mining industry. The company’s ability to attract investors and raise capital demonstrates confidence in its business model and growth potential.

Overall, the successful closing of the convertible financing is a positive development for Kuya Silver Corporation and sets the stage for continued growth and innovation in the silver market.

How will this affect me?

As an individual investor, the successful closing of the convertible financing by Kuya Silver Corporation could potentially offer opportunities for investment in the company. The additional funding and expansion plans may contribute to the company’s growth and increase its market value, ultimately benefiting shareholders.

How will this affect the world?

The impact of Kuya Silver Corporation securing additional funding extends beyond individual investors. The company’s growth and innovation in the silver market may have broader implications for the mining industry as a whole, potentially driving advancements in technology, sustainability, and production efficiency.

Conclusion

The successful closing of the convertible financing by Kuya Silver Corporation represents a significant milestone for the company and a positive development for the mining industry. With the additional funding in place, Kuya Silver is well-positioned for future growth and innovation, setting the stage for exciting opportunities in the silver market.