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Imperial Reports Mount Polley Operations and Construction Activities Continue

Imperial Reports Mount Polley Operations and Construction Activities Continue

Globe and Mail11-05-2025

VANCOUVER, British Columbia, May 09, 2025 (GLOBE NEWSWIRE) -- Imperial Metals Corporation ('Imperial') (TSX:III) notes that a number of third parties, including news agencies, have incorrectly reported that an injunction was granted in respect of the construction and operation of the tailings storage facility at Imperial's Mount Polley mine. Imperial confirms that no such injunction was granted. Normal operations of the mine and construction of a four-metre raise of the tailings storage facility will continue.
On May 8, 2025, Mr. Justice Weatherill of the Supreme Court of British Columbia heard an application for an interim injunction from Xatśūll First Nation regarding the decision to approve the aforementioned four-metre raise of the tailings storage facility. The Court adjourned the application until June 24, 2025 when both the underlying petition challenging the decision and the injunction will be heard and decided. Mount Polley Mining Corporation, Imperial's wholly-owned subsidiary, made clear at the hearing that although it continues with previously permitted use of the tailings storage facility, it did not anticipate needing to use the four-metre raise currently under construction until July 1, 2025 at the earliest, and agreed to provide an undertaking to the Court to that effect.
The result of yesterday's hearing was that the matter would be heard in June, 2025 and no injunction was issued.
About Imperial
Imperial is a Vancouver based exploration, mine development and operating company with holdings that include the Mount Polley mine (100%), the Huckleberry mine (100%), and the Red Chris mine (30%). Imperial also holds a portfolio of 23 greenfield exploration properties in British Columbia.
Company Contacts
Brian Kynoch | President | 604.669.8959
Darb S. Dhillon | Chief Financial Officer | 604.669.8959
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this news release are not statements of historical fact and are 'forward-looking' statements. Forward-looking statements relate to future events or future performance and reflect Imperial management's expectations or beliefs regarding future events and include, but are not limited to, statements regarding Imperial's expectations and timing with respect to the construction and operation of the tailings storage facility at the Mount Polley mine, including the four-metre lift currently under construction; the anticipated timing of the judicial review and injunction hearing; the judicial review process taking longer than anticipated; the possibility that the outcome of the judicial review could result in material changes to the provincial permitting process; the potential for the injunction to restrict both construction and production activities for an extended period or indefinitely after July 1, 2025; the Company's and MPMC's expectations regarding their relationships with Indigenous communities, including Xatśūll; expectations regarding the ongoing engagement with Xatśūll and other Indigenous communities during the permitting process; and other risks outlined in statements made by Imperial from time to time in the filings made by Imperial with securities regulators. Imperial disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except as otherwise required by applicable securities legislation.
In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "outlook", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Imperial to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
In making the forward-looking statements in this news release, Imperial has applied certain factors and assumptions that are based on information currently available to Imperial as well as Imperial's current beliefs and assumptions. These factors and assumptions and beliefs and assumptions include, the risk factors detailed from time to time in Imperial's annual information form, interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR+ at www.sedarplus.ca. Although Imperial has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, imperialmetals.com events or results not to be as anticipated, estimated or intended, many of which are beyond Imperial's ability to control or predict. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and all forward-looking statements in this news release are qualified by these cautionary statements.

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Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders
Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders

Globe and Mail

time14 minutes ago

  • Globe and Mail

Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders

BROOKFIELD, NEWS, June 10, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (the 'Corporation') (NYSE, TSX: BBUC) today announced that all ten nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares ('Exchangeable Shares') and holders of class B multiple voting shares ('Class B Shares') were elected at the Corporation's annual general meeting of shareholders held on June 10, 2025 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation's articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 215,082,201 votes in the aggregate, representing a 75% voting interest in the Corporation. The following is a summary of the votes cast by holders of Exchangeable Shares and Class B Shares, voting together as a single class, in regard to the election of the ten directors: Director Nominee Votes For % Votes Withheld % Cyrus Madon 279,593,990 99.90 268,437 0.10 Jeffrey Blidner 277,344,556 99.10 2,517,871 0.90 David Court 279,649,745 99.92 212,682 0.08 Stephen Girsky 279,463,948 99.86 398,479 0.14 David Hamill 279,646,581 99.92 215,846 0.08 Anne Ruth Herkes 279,648,255 99.92 214,172 0.08 John Lacey 272,069,850 97.22 7,792,577 2.78 Don Mackenzie 279,782,671 99.97 79,756 0.03 Michael Warren 279,782,332 99.97 80,095 0.03 Patricia Zuccotti 279,751,664 99.96 110,763 0.04 A summary of all votes cast by holders of the Exchangeable Shares and Class B Shares represented at the Corporation's annual meeting of shareholders is available on SEDAR+ at Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: a limited partnership, or Brookfield Business Corporation (NYSE, TSX: BBUC). For more information, please visit Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management's Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management. For more information, please contact:

Volta Options Springer Rare Earth and Gallium Deposit
Volta Options Springer Rare Earth and Gallium Deposit

Globe and Mail

time14 minutes ago

  • Globe and Mail

Volta Options Springer Rare Earth and Gallium Deposit

Toronto, Ontario--(Newsfile Corp. - June 10, 2025) - Volta Metals Ltd. (CSE: VLTA) (FSE: D0W) (" Volta" or the " Company") is pleased to announce that, further to the Company's press release issued on February 27, 2025, the Company has entered into a definitive option agreement dated June 9, 2025 (the " Definitive Agreement") with RZJ Capital Management, LLC (the " Vendor") to acquire an initial 80% interest (the " First Option") and up to a 100% interest (the " Second Option") in the Lavergne-Springer ("Springer") Rare Earth and Gallium project (the " Transaction") located 80km east of Sudbury, Ontario, Canada (the " Project" or " Property") (Figure 1), subject to certain encumbrances as noted below. The Project consists of 5,000 hectares of patented and non-patented claims and contains a historic NI 43-101 mineral resource for Total Rare Earth Oxides (" TREO") of 4.167mt at 1.073% TREO indicated and 12.73mt at 1.119% TREO in the inferred resource category at a cut-off of 0.9%. Mineralization starts at surface, the deposit remains open for expansion, and the large Property is underexplored for REE-Ga mineralization. Project Highlights Advanced Rare Earth Project (REE) with associated high-grade Light REE and gallium near Sturgeon Falls, Ontario. Excellent infrastructure with paved road access (1 hour from the Sudbury Mining Hub), rail and hydroelectric power servicing the Property (Figure 2). Multiple wide, shallow intercepts of +100m at >1% TREO, including one of the final drill holes finishing in 12m at 5% TREO with no subsequent follow-up drilling. Consistent elevated gallium intercepts ranging from 57 to 120 g/t over thick intervals, including 87.5m at 76.4 g/t and 88m at 62 g/t gallium. Positive initial laboratory scale metallurgical test work to produce an upgraded Light Rare Earth concentrate. 5,000 Ha property with patented claims covering the known deposit and unpatented claims covering potential extensions to the east and west. The Springer Deposit Tetra Tech Wardrop of Toronto completed the (historic) resource estimate in May 2012 for Rare Earth Metals Inc., which was a junior exploration company listed on the TSX Venture Exchange (Table 1 and 2). The mineral resource estimate was completed in accordance with CIM Best Practices and Disclosure guidelines in accordance with NI 43-101 at that time, and Volta has no reason to believe that the mineral resources estimate contained is not relevant or reliable as of the date hereof (Figure 1). Figure 1. Springer REE Deposit (blue), with Gallium (brown) Core. To view an enhanced version of this graphic, please visit: Table 1. Indicated Resource Estimate for the Springer Deposit TREO% Cut-off Density Tonnes ('000) LREO% HREO%* TREO% HREO:LREO Ratio ThO 2 % 1.30 2.59 759 1.363 0.080 1.443 6 0.018 1.20 2.60 1,384 1.280 0.074 1.353 5 0.017 1.10 2.60 2,124 1.209 0.072 1.281 6 0.017 1.00 2.60 3,028 1.143 0.069 1.212 6 0.016 0.90 2.60 4,167 1.073 0.066 1.139 6 0.016 0.80 2.60 6,022 0.987 0.062 1.049 6 0.015 0.70 2.61 8,249 0.910 0.058 0.967 6 0.014 0.60 2.61 10,719 0.840 0.054 0.894 6 0.013 *: Includes yttrium oxide (Y 2 O 3) Table 2. Inferred Resource Estimate for the Springer Deposit TREO% Cut-off Density Tonnes ('000) LREO% HREO%* TREO% HREO:LREO Ratio ThO 2 % 1.30 2.65 2,805 1.482 0.053 1.535 3 0.010 1.20 2.65 4,405 1.378 0.053 1.431 4 0.010 1.10 2.65 6,531 1.285 0.053 1.337 4 0.011 1.00 2.64 9,433 1.196 0.052 1.249 4 0.011 0.90 2.65 12,732 1.119 0.051 1.170 4 0.011 0.80 2.65 18,274 1.024 0.048 1.072 5 0.010 0.70 2.65 25,917 0.931 0.045 0.976 5 0.009 0.60 2.65 38,876 0.825 0.041 0.866 5 0.008 *: Includes yttrium oxide (Y 2 O 3) The mineral resource, based on 22 diamond drill holes, was estimated by the Ordinary Kriging interpolation method on uncapped grades for all 15 Rare Earth Oxides (" REO"). The TREO% is a sum of the 15 individual interpolations of the REOs. The resource estimate was prepared using a single interpreted domain using a grade shell of 0.31 TREO%. A cut-off grade of 0.9 TREO% was chosen for the deposit resource estimate based on comparable deposits at the time (Table 1 and Table 2). No recoveries have been applied to the interpolated estimates. Volta is unaware of any other work having been completed on the Project since the 2012 mineral resource estimate. The resource estimate presented for the Springer project is historic in nature. Volta's qualified person has not completed sufficient work to confirm the results of the historical resource. Volta is not treating this as a current mineral resource but is considering it relevant as a guide to future exploration and is included for reference purposes only. Volta will require further drilling to verify the historic estimate as current mineral resources. Figure 2. Location of Springer Rare Earth Project in Ontario To view an enhanced version of this graphic, please visit: Infrastructure The Project is located 8 km outside of Sturgeon Falls, Ontario, near the Trans-Canada Highway, the Sturgeon Falls Power Station, and the Railway Station. The Crystal Falls Power Station is located 7 km east of the project site, and power lines and paved roads run across the Property (Figure 3). The Project site is accessible from Sudbury and North Bay and is workable year-round. Figure 3. (a) Sturgeon Falls Power Dam and (b) Crystal Falls Power Lines on Property To view an enhanced version of this graphic, please visit: Gallium Intercepts Historic drilling also returned thick intercepts of high-grade Gallium (Table 3). For reference, the Codero Deposit in Nevada is one of the largest unmined primary gallium deposits in North America, with a reported resource of 15M tonnes at 47.7ppm, with a cut-off grade at 30ppm ( Gallium is a critical component in the semiconductors, telecommunications, and renewable energy sectors and may also be considered as a possible heat exchange medium in nuclear reactors. Canada and the U.S. rely on gallium for telecommunications, defense, and green energy. Gallium is also used in semiconductors, AI circuitry, radar and microchips. On December 3, 2024, China announced an immediate ban on the export of multiple critical metals, including gallium, exacerbating supply chain challenges. China currently accounts for 98% of worldwide primary low-purity gallium production. Examination of the drill database and 3D modelling by the Company as part of its due diligence suggests that the Springer deposit may contain a significant gallium resource. There has been no petrographic or metallurgical testwork completed on the gallium; consequently, it is currently unknown if it is recoverable and/or could form a potentially valuable by-product. Future work will seek to address this. The Company intends to drill and update the 2012 resource estimate in the upcoming exploration season. Table 3. Gallium & REE Composite Assays from 2012 Drilling Borehole From (m) To (m) Interval (m) Ga 2 O (g/t) Nb 2 O 5 % La 2 O 3 (g/t) CeO 2 (g/t) Pr 6 O 11 (g/t) Sm 2 O 3 (g/t) Nd 2 O 3 (g/t) LREO (g/t) HREO (g/t) SL-11-01 132.4 219.9 87.5 102.7 0.09 4,027 7,296 724 256 2,312 14,673 868 SL-11-02 213.8 277.0 63.2 96.2 0.05 3,420 5,106 739 235 1,988 12,858 714 SL-11-03 86.6 94.1 7.6 80.1 0.06 3,950 6,686 606 156 1,753 13,182 216 SL-11-03 101.4 113.4 12.0 102.2 0.07 5,373 9,376 902 279 2,662 18,654 455 SL-11-03 135.9 153.2 17.3 97.2 0.05 5,451 8,909 828 959 2,326 17,760 266 SL-11-03 178.6 189.1 9.0 77.7 0.07 6,988 11,686 1,122 347 3,369 23,587 508 SL-11-03 209.9 223.9 14.0 95.8 0.03 10,341 18,006 1,715 706 5,463 36,390 1,051 SL-11-03 247.9 252.9 5.0 97.3 0.03 11,805 19,517 1,779 672 5,402 39,328 924 SL-12-08 19.0 37.0 18.0 83.3 - 5,653 9,722 967 346 3,078 19,838 649 SL-12-08 37.0 125.0 88.0 83.3 - 3,514 6,537 693 302 2,352 13,463 633 SL-12-09 66.0 102.0 36.0 77.0 - 2,847 6,378 767 397 2,958 13,471 677 SL-12-18 94.7 101.7 7.0 86.4 - 2,676 5,842 702 509 2,789 12,629 403 Transaction Terms The patented claims that comprise the Property are subject to an underlying option agreement (the " Underlying Agreement") between the Vendor, as optionee and certain optionors (the " Underlying Optionors"). The Company has the right to become the optionee under the Underlying Agreement in the event of a default by the Vendor under such agreement. In order to earn an 80% interest in the Property, Volta must: On the closing date of the Definitive Agreement, issue an aggregate of 10,000,000 Common Shares to the Vendor (the " Closing Shares"), make a cash payment of $100,000 to the Vendor, and an aggregate cash payment of $220,400 to the Underlying Optionors; On or before the first anniversary of the execution date of the Definitive Agreement (the " Execution Date") issue an aggregate of 2,500,000 Common Shares to the Vendor (the " First Anniversary Shares"), and make an aggregate cash payment of $266,000 to the Underlying Optionors; and On or before the second anniversary of the Execution Date, issue an aggregate of 2,500,000 Common Shares to the Vendor (the " Second Anniversary Shares"), make an aggregate cash payment of $266,000 to the Underlying Optionors, a cash payment of $160,000 to the Vendor, and an additional cash payment of $76,000 to the Underlying Optionors. Upon exercise of the First Option, the Company will grant the Vendor a 2.0% net smelter returns royalty on the unpatented claims which comprised the Property (the " Granted Royalty"), of which of which 1% of the Granted Royalty may be bought back for $1,000,000 and assume the obligation to pay 80% of the existing 2.85% net smelter returns royalty on the patented claims which comprise the Property (the " Existing Royalty"), of which 0.95% of the Existing Royalty may be bought back for $950,000. The patented claims which comprise the Property are subject to the rights of a certain owner of a 5% interest in such claims (the " Remaining Holder"), accordingly, the First Option is with respect to an 80% interest to 95% of the patented claims and 100% of the unpatented claims. Pursuant to the Definitive Agreement, the Company may acquire the remaining 20% interest (the " Remaining Interest") until the date that is twelve months following the completion of a feasibility study on the Property by paying the Vendor the fair market value of the Remaining Interest at the time of exercise. Closing of the Transaction is subject to certain terms and conditions, including but not limited to the approval of the Canadian Securities Exchange. All Common Shares issued pursuant to the Transaction will be subject to a hold period of four months and one day from the date of issuance. In addition, certain of the Closing Shares shall be subject to the following trading restrictions: 2,500,000 Closing Shares shall not be tradeable until after the date that is six (6) months from the Closing Date, 2,500,000 Closing Shares shall not be tradeable until after the date that is twelve (12) months from the Closing Date and 2,500,000 Closing Shares shall not be tradeable until after the date that is eighteen (18) months from the Closing Date. Qualified Person The technical content of this news release has been reviewed and approved by Andrew Tims, who is an independent Qualified Person (QP) as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. The QP and the Company have not completed sufficient work to verify the historical information on the Project. For more information about the Company, view Volta's website at ABOUT VOLTA METALS LTD. Volta Metals Ltd. (CSE: VLTA) (FSE: D0W) is a mineral exploration company based in Toronto, Ontario, focused on REE, gallium, lithium, cesium, and tantalum. It has optioned and is currently exploring a critical minerals portfolio of REE, gallium, lithium, cesium, and tantalum projects in northwestern Ontario, considered one of the world's most prolific, emerging hard-rock lithium districts. To learn more about Volta and its Aki Project and its recently acquired Springer Project, please visit ON BEHALF OF THE BOARD Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements relating to product development, plans, strategies, and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking information in this news release includes, but is not limited to, the timing and anticipated completion of the Transaction, the entering into of the Definitive Agreement, regulatory approvals for the Transaction, that the Transaction is transformative for Volta, statements regarding the Transaction, the ability to complete the Transaction on the terms provided herein or at all, the receipt of all necessary approvals, the Company's planned exploration activities and the Company's aim to prevent and minimize impacts on the First Nations through a variety of mitigation measures and offsetting benefits. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include: that the Company may not close the Transaction on the terms contemplated or at all, that due diligence with respect to the Transaction will not be favourable, that the Transaction may not be consummated, that the rights of the Remaining Holder will impede the Company's ability to conduct exploration activities on, and potential develop, the Property, the risks detailed from time to time in the filings made by the Company with securities regulators; the fact that Volta's interests in the Property are options only and there are no guarantee that such interest, if earned, will be certain; the future prices and demand for lithium; and delays or the inability of the Company to obtain any necessary approvals, permits and authorizations required to carry out its business plans. The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than as required by law.

Aya Gold and Silver Announces $100 Million Bought Deal Offering of Common Shares
Aya Gold and Silver Announces $100 Million Bought Deal Offering of Common Shares

Globe and Mail

time14 minutes ago

  • Globe and Mail

Aya Gold and Silver Announces $100 Million Bought Deal Offering of Common Shares

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. The base shelf prospectus is accessible, and the prospectus supplement and any amendment to the foregoing documents will be accessible within two business days, on SEDAR+. MONTREAL, June 10, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (' Aya ' or the ' Company ') is pleased to announce that it has entered into an agreement pursuant to which Desjardins Capital Markets (' Desjardins '), as sole bookrunner, together with a syndicate of underwriters including National Bank Financial Inc. and BMO Capital Markets, together with Desjardins as co-lead underwriters, (collectively, the ' Underwriters '), has agreed to purchase, on a bought deal basis, 7,491,000 common shares in the capital of the Company (the ' Shares '), at a price of $13.35 per Share (the ' Issue Price ') for gross proceeds of $100,004,850 (the ' Offering '). The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Shares at the Issue Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering (the ' Over-Allotment Option '). If the Over-Allotment Option is exercised in full, $15,000,728 additional proceeds will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be approximately $115,005,578. The Company intends to use the net proceeds of the Offering to advance its business objectives including for the advancement of its exploration program at Boumadine, the exploration program at Zgounder Regional, and for working capital and general corporate purposes. The closing date of the Offering is scheduled to be on or about June 19, 2025, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and the applicable securities regulatory authorities. The Offering will be completed by way of a prospectus supplement (the ' Supplement ') to the short form base shelf prospectus of the Company dated June 10, 2025 (the ' Base Prospectus '), which Supplement is expected to be filed on or prior to June 12, 2025 with the securities commissions and other similar regulatory authorities in each of the provinces of Canada and in such other jurisdictions as are agreed to by the Company and the Underwriters, in each case provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction and that the Company will not be or become subject to any continuous disclosure obligations in such jurisdiction. The Base Prospectus and, once filed, the Supplement can be found on SEDAR+ at and contain important detailed information about the Offering. Electronic or paper copies of the Base Prospectus, the Supplement (when filed), and any amendment to the documents may be obtained, without charge, from Desjardins Capital Markets at 25 York St., 10th Floor, Toronto, ON M5J 2V5, Attention: Equity Capital Markets or by email at ecm@ This news release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction where such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ' 1933 Act '), and may not be offered or sold in the United States absent registration under the 1933 Act and all applicable U.S. state securities laws, or in compliance with applicable exemptions from such registration requirements. About Aya Gold & Siler Inc. Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer with operations in the Kingdom of Morocco. The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault, several of which have hosted past-producing mines and historical resources. Aya's management team has been focused on maximising shareholder value by anchoring sustainability at the heart of its operations, governance, and financial growth plans. For additional information, please visit Aya's website at Or contact Benoit La Salle, FCPA FCA President & CEO Alex Ball VP, Corporate Development & IR Notice Regarding Forward Looking Information Certain information in this news release related to the Company is forward-looking information and is prospective in nature. Forward-looking information is not based on historical facts, but rather on current expectations and projections about future events, and is therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking information. The information generally can be identified by the use of forward-looking words such as 'may', 'should', 'could', 'intend', 'estimate', 'plan', 'anticipate', 'expect', 'believe' or 'continue', or the negative thereof or similar variations. Forward-looking information in this news release include statements regarding the Offering including anticipated timing of the filing of the Supplement and the closing, the exercise of the Over-Allotment Option, the receipt of required regulatory approvals including acceptance of the Offering by the TSX, and the intended use of proceeds of the Offering. There are numerous risks and uncertainties that could cause actual results and Aya's plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks inherent in the mineral production and exploration sectors in general; (iii) that the proceeds of the Offering may need to be used other than as set out in this news release, as well as other risks and uncertainties which are more fully described in Aya's 2024 Annual Information Form dated March 31, 2025, and in other filings of Aya with securities and regulatory authorities which are available on SEDAR+ at Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward‐looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward‐looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward‐looking information. Such forward‐looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward‐looking information. Forward‐looking information is given as of the date of this press release, and the Company does not undertake to update such forward‐looking information except in accordance with applicable securities laws.

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