Kuya Silver amends compensation terms for private placement

Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) amended compensation terms for its non-brokered private placement initially announced July 24, 2025, according to a company statement.

The offering seeks to raise between CAD$5 million and CAD$10 million through the sale of 10 million to 20 million units at CAD$0.50 per unit. Each unit consists of one common share and one warrant exercisable at CAD$0.65 per share for 36 months.

Under the amended terms, the company will pay eligible finders a cash commission of up to 4% on proceeds from subscribers they introduce, plus non-transferable warrants equal to up to 4% of units issued to those subscribers. Finder warrants are exercisable at CAD$0.50 per share for 36 months and subject to a four-month hold period.

The first tranche is expected to close around August 14, 2025, with final closing by September 7, 2025. The offering uses the Listed Issuer Financing Exemption for purchasers in Canada except Quebec.

Kuya Silver intends to use proceeds for exploration and development at its Bethania project and general working capital.

The company also announced engaging ECM Capital Advisors Inc., led by Kuya Silver director Eugene McBurney, for financing and market advisory services. ECM will receive $350,000 upon completion of financing with minimum proceeds of $5 million over a three-year term.

Kuya Silver operates the Bethania silver mine in Peru and develops silver projects in Peru and Canada.

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