Kuya Silver increases private placement to $25.5 million

Kuya Silver Corporation (CSE: KUYA) announced it has increased the size of its brokered private placement from $15 million to $25.5 million in gross proceeds due to investor demand. The company stated the funds will be allocated to enhance processing capabilities in Peru.

The offering consists of up to 25.5 million units priced at $1.00 per unit. Each unit includes one common share and one-half of a warrant. The warrants allow holders to purchase additional shares at $1.30 each for 36 months from issuance.

A.G.P. Canada Investments ULC and Integrity Capital Group Inc. are co-leading the placement. Up to $15.5 million will be completed under the LIFE Exemption, while up to $10 million will proceed under OSC Rule 72-503 for distributions outside Canada.

The company plans to use proceeds for general corporate purposes, advancing its Bethania project in Peru through acquisition or development of concentrate processing capacity, continuing exploration at the Silver Kings Project in Ontario, and discretionary growth capital.

The offering may close in multiple tranches, with the first closing expected around January 14, 2026, and final closing no later than February 20, 2026. The placement requires approvals including from the Canadian Securities Exchange.

Kuya Silver operates the Bethania silver mine in Peru and develops silver projects in Peru and Canada. All dollar figures mentioned are in Canadian dollars, according to the company's statement.

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