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Globe and Mail
13 hours ago
- Business
- Globe and Mail
Aya Gold & Silver Launches Drill Exploration Program at Zgounder Far East and Adds 6 New Regional Permits
MONTREAL, June 26, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (' Aya ' or the ' Corporation ') is pleased to announce high-grade silver results from its ongoing drill exploration program at the Zgounder Silver Mine and the start of its drill exploration program in the Far East permits in the Kingdom of Morocco. The Corporation has also acquired six (6) new permits to the north, expanding the Zgounder exploration footprint by 11.9% to over 452.7 square kilometers ('km 2 '). Highlights (all intersections are in core lengths) Acquired six (6) exploration permits totaling 48.1 km 2 in the Zgounder area (Figure 2) Started initial 2,250 meter ('m') regional program in the Zgounder Far East permits (Figure 3) Reported intersections in the open-pit area: Hole ZG-RC-24-303 intercepted 1,970 grams per tonne ('g/t') silver ('Ag') over 6.0m; Hole ZG-RC-24-434 intercepted 305 g/t Ag over 11.0m, including 1,348 g/t Ag over 1.0m; Hole DZG-SF-25-593 intercepted 749 g/t Ag over 3.5m including 1,610 g/t Ag over 1.5m; Hole ZG-RC-24-440 intercepted 1,214 g/t Ag over 2.0m; and Hole DZG-SF-25-592 intercepted 438 g/t Ag over 3.5m including 2,410 g/t Ag over 0.5m. Drilled 8,343m or 33% of the 2025 exploration program year to date 'We're excited to consolidate further and grow our footprint by 12% at Zgounder with six new permits—advancing our strategy to expand the land package and explore for satellite deposits,' said Benoit La Salle, President & CEO. 'This includes the start of drilling on the Far East permits, where we've identified several high-impact targets. High-grade intercepts within the open-pit area were also drilled, including ZG-RC-24-303 and ZG-RC-24-434, further confirming the continuity and strength of mineralization to the east.' Included in this release are results from 152 holes, which include 67 underground diamond drill ('DDH'), 15 reverse circulation ('RC'), 49 T28 and 21 YAK holes (T28 and YAK: percussion drilling using an air-compressed hammer). For a full summary of today's results, refer to Appendix 1. Table 1 – Significant Intercepts from Drilling at Zgounder (core lengths)* Hole ID From To Ag Length Ag x (g/t) (m) width Underground DDH DZG-SF-25-592 2.0 5.5 438 3.5 1,533 Including 2.0 2.5 2,410 0.5 1,205 DZG-SF-25-593 31.5 35.0 749 3.5 2,622 Including 31.5 33.0 1,610 1.5 2,415 DZG-SF-25-601 27.5 28.5 906 1.0 906 Surface RC ZG-RC-24-303 22.0 28.0 1,970 6.0 11,820 ZG-RC-24-434 0.0 11.0 305 11.0 3,360 Including 2.0 3.0 1,348 1.0 1,348 ZG-RC-24-440 21.0 23.0 1,214 2.0 2,428 Underground T28 T28-24-528 7.2 16.8 107 9.6 1,027 T28-24-562 6.0 13.2 259 7.2 1,862 T28-24-562 18.0 25.2 134 7.2 961 T28-25-706 0.0 7.2 221 7.2 1,594 T28-25-730 0.0 4.8 358 4.8 1,718 Underground YAK YAK-24-206 7.2 10.8 275 3.6 991 YAK-25-306 14.4 25.2 210 10.8 2,269 YAK-25-315 0.0 3.6 592 3.6 2,131 YAK-25-316 30.0 32.4 850 2.4 2,039 * True width is undetermined at this stage. Figure 1: Location of Drill Results at Zgounder 2025 Exploration Results This year, 57 DDH totaling 8,343m have been completed at Zgounder. Drilling was conducted mostly underground in the Central and Western Zones as well as on some near-mine regional targets. Figure 2 shows the six additional licences acquired, which in addition to the Zgounder Far East and the Touchkal blocks, will significantly increase the prospectivity of the Zgounder Regional Project. The Corporation will start mapping and prospecting on these new licences in early H2. The RC drill exploration program at Zgounder Far East began on June 22 nd, targeting four strong geochemistry anomalies including Ag – Cu and Au (Figure 3) with an initial planned meterage of 2,250m. The Zgounder Far East block comprises Neoproterozoic geology divided into three distinct zones: Southern Zone dominated by volcano-sedimentary rocks and pebbly sandstones alternated with felsic volcanics. Central Zone hosts an ophiolite complex, featuring mafic and ultramafic rocks intercalated with fine-grained sandstone units. Northern Zone is composed of intermediate to mafic volcanic and intrusive rocks, alternating with conglomerates. Grab sample results in the Far East block have identified some high-grade grab Ag-Cu, and Au, along with many precious metal anomalies, indicating a strong mineralization potential within 20km from the Zgounder deposit. Figure 2: Surface Map of Zgounder Property with New Exploration Licences Figure 3: Surface Map of Zgounder Far East with Exploration Drill Program Quality Assurance For core drilling, all individual samples represent approximately one meter in length of core, which is halved. Half of the core is kept on site for reference, and its counterpart is sent for preparation and assaying to African Laboratory for Mining and Environment ('Afrilab') in Marrakech, Morocco or to ALS Laboratory at the Zgounder Mine site. All samples are analyzed for silver, copper, iron, lead, and zinc using Aqua regia and finished by atomic absorption spectroscopy ('AAS'). Samples grading above 200 g/t Ag are reanalyzed using fire assaying. For definition drilling using RC, all individual samples represent 1.0m in length and for T28 drilling equipment, all individual samples represent 1.2m in length. Samples are assayed at either the ALS Mine laboratory or at Afrilab. All samples are analyzed for silver, copper, iron, lead, and zinc using Aqua regia and finished by AAS. Samples grading above 200 g/t Ag are reanalyzed using fire assaying. Rigorous quality controls (QaQc) are applied at both locations. David Lalonde, P. Geo, Vice-President Exploration, is Aya Gold & Silver's Qualified Person and has reviewed this press release for accuracy and compliance with National Instrument 43-101. About Aya Gold & Silver 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 maximizing 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 Forward-Looking Statements This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws ('forward-looking statements'), which reflects management's expectations regarding Aya's future growth and business prospects (including the timing and development of new deposits and the success of exploration activities) and other opportunities. Wherever possible, words such as 'expand', 'advance', 'confirm', 'potential', 'significant', 'confidence', 'expansion', 'steady', 'enhance', and similar expressions or statements that certain actions, events or results 'may', 'could', 'would', 'might', 'will', or are 'likely' to be taken, occur or be achieved, have been used to identify such forward-looking information. Specific forward-looking statements in this press release include, but are not limited to, statements and information with respect to the continuity of the mineralization and its grade, the potential to significantly increase high-grade ounces within and near the open pit area, expanding open-pit operations in the near term, enhancing the resource and better understanding the deposit as well as exploration results in the open-pit and underground areas. Although the forward-looking information contained in this press release reflect management's current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, Aya cannot be certain that actual results will be consistent with such forward-looking information. Such forward-looking statements are based upon assumptions, opinions and analysis made by management in light of its experience, current conditions, and its expectations of future developments that management believe to be reasonable and relevant but that may prove to be incorrect. These assumptions include, among other things, the ability to obtain any requisite governmental approvals, obtaining regulatory permits for on-site work, importing goods and machinery and employment permits, the accuracy of Mineral Reserve and Mineral Resource Estimates (including, but not limited to, ore tonnage and ore grade estimates), the price of silver, the price of gold, exchange rates, fuel and energy costs, future economic conditions, anticipated future estimates of free cash flow, and courses of action. Aya cautions you not to place undue reliance upon any such forward-looking statements. The risks and uncertainties that may affect forward-looking statements include, among others: the inherent risks involved in exploration and development of mineral properties, including government approvals and permitting, changes in economic conditions, changes in the worldwide price of silver gold and other key inputs, changes in mine plans (including, but not limited to, throughput and recoveries being affected by metallurgical characteristics) and other factors, such as project execution delays, many of which are beyond the control of Aya, 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 Aya does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs, and opinions change. Nothing in this document should be construed as either an offer to sell or a solicitation to buy or sell Aya securities. All references to Aya include its subsidiaries unless the context requires otherwise. Appendix 1 - Mineral Intercepts from Drilling at Zgounder (core lengths)* Hole ID From To Ag Length Ag x (g/t) (m)* width Underground DDH DZG-SF-24-296 46.5 48.0 108 1.5 162 DZG-SF-25-589 5.2 8.0 104 2.8 291 DZG-SF-25-590 2.7 3.2 76 0.5 38 DZG-SF-25-590 6.5 8.4 94 1.9 179 DZG-SF-25-591 4.0 5.5 77 1.5 116 DZG-SF-25-592 2.0 5.5 438 3.5 1,533 Including 2.0 2.5 2,410 0.5 1,205 DZG-SF-25-593 31.5 35.0 749 3.5 2,622 Including 31.5 33.0 1,610 1.5 2,415 DZG-SF-25-601 4.2 5.5 138 1.3 179 DZG-SF-25-601 27.5 28.5 906 1.0 906 DZG-SF-25-604 24.5 27.5 191 3.0 572 DZG-SF-25-610 14.0 15.5 97 1.5 146 DZG-SF-25-610 24.0 25.0 198 1.0 198 DZG-SF-25-611 15.9 19.0 244 3.1 756 Including 15.0 16.0 420 1.0 420 DZG-SF-25-628 4.3 5.3 90 1.0 90 DZG-SF-25-628 56.0 57.0 101 1.0 101 Surface RC ZG-RC-24-283 0.0 1.0 88 1.0 88 ZG-RC-24-288 11.0 13.0 190 2.0 380 ZG-RC-24-303 22.0 28.0 1,970 6.0 11,820 ZG-RC-24-425 23.0 24.0 196 1.0 196 ZG-RC-24-425 51.0 55.0 123 4.0 492 ZG-RC-24-427 1.0 2.0 92 1.0 92 ZG-RC-24-434 0.0 11.0 305 11.0 3,360 Including 2.0 3.0 1,348 1.0 1,348 ZG-RC-24-440 21.0 23.0 1,214 2.0 2,428 ZG-RC-24-446 10.0 16.0 97 6.0 580 ZG-RC-24-446 18.0 19.0 112 1.0 112 ZG-SF-23-040 42.0 43.0 84 1.0 84 ZG-SF-23-070 62.5 63.5 138 1.0 138 ZG-SF-24-210 114.0 117.0 84 3.0 252 ZG-SF-24-210 121.0 122.5 99 1.5 149 ZG-SF-25-293 69.5 70.0 1,012 0.5 506 ZG-SF-25-298 82.0 83.0 112 1.0 112 ZG-SF-25-304 216.5 218.0 93 1.5 140 ZG-SF-25-304 277.0 278.0 80 1.0 80 Underground T28 T28-24-528 7.2 16.8 107 9.6 1,027 T28-24-557 4.8 6.0 100 1.2 120 T28-24-557 7.2 8.4 216 1.2 259 T28-24-557 14.4 16.8 119 2.4 286 T28-24-557 19.2 21.6 152 2.4 365 T28-24-557 22.8 24.0 100 1.2 120 T28-24-562 6.0 13.2 259 7.2 1,862 T28-24-562 18.0 25.2 134 7.2 961 Including 18.0 19.2 476 1.2 571 T28-24-563 18.0 20.4 104 2.4 250 T28-24-563 22.8 24.0 80 1.2 96 T28-24-564 19.2 25.2 106 6.0 634 T28-25-690 18.0 19.2 111 1.2 133 T28-25-693 3.6 4.8 100 1.2 120 T28-25-700 25.2 26.4 348 1.2 418 T28-25-704 18.0 19.2 250 1.2 300 T28-25-704 24.0 25.2 77 1.2 92 T28-25-706 0.0 7.2 221 7.2 1,594 T28-25-707 0.0 2.4 256 2.4 614 T28-25-709 9.6 10.8 86 1.2 103 T28-25-730 0.0 4.8 358 4.8 1,718 T28-25-730 7.2 8.4 76 1.2 91 T28-25-731 0.0 1.2 108 1.2 130 Underground YAK YAK-24-206 7.2 10.8 275 3.6 991 YAK-25-302 6.0 8.4 110 2.4 263 YAK-25-306 14.4 25.2 210 10.8 2,269 YAK-25-309 10.8 12.0 166 1.2 199 YAK-25-315 0.0 3.6 592 3.6 2,131 YAK-25-315 15.6 18.0 131 2.4 313 YAK-25-315 19.2 20.4 80 1.2 96 YAK-25-316 30.0 32.4 850 2.4 2,039 * True width is undetermined at this stage.
Yahoo
13-06-2025
- Business
- Yahoo
Aya Gold & Silver Announces Filing of Prospectus Supplement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. The base shelf prospectus and the prospectus supplement are accessible on SEDAR+. Any amendment to the foregoing documents will be accessible within one business day on SEDAR+. MONTREAL, June 12, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) ('Aya' or the 'Company') is pleased to announce that it has filed a prospectus supplement (the 'Supplement') to its short form base shelf prospectus dated June 10, 2025 (the 'Base Prospectus') with respect to its previously announced bought deal equity financing to purchase, on a bought deal basis, 9,363,300 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 $125,000,055 (the 'Offering'). The Supplement has been filed with the securities regulatory authorities in each of the provinces of Canada. The Offering is led by 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'). The Company has granted 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, $18,750,008 additional proceeds will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be approximately $143,750,063. 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 18, 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. Access to the Supplement, the corresponding Base Prospectus and any amendment thereto are provided in accordance with securities legislation relating to procedures for providing access to a base shelf prospectus, a prospectus supplement and any amendment thereto. The Supplement and the corresponding Base Prospectus are, and any amendment thereto, if any, will be, accessible on SEDAR+ at Electronic or paper copies of the Base Prospectus, the Supplement, and any amendment to the foregoing documents may be obtained, without charge, from Desjardins at 25 York St., 10th Floor, Toronto, ON M5J 2V5, Attention: Equity Capital Markets or by email at ecm@ by providing Desjardins with an email address or address, as applicable. The Supplement, the corresponding Base Prospectus and any amendment thereto contain important detailed information about the Company and the Offering. Prospective investors should read the Supplement, the corresponding Base Prospectus and the other documents the Company has filed on SEDAR+ before making an investment decision. 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. AYA GOLD & SILVER 'Benoit La Salle' Benoit La Salle, FCPA FCAPresident and Chief Executive Officer About Aya Gold & Silver 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 FCAPresident & 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 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 news release, and the Company does not undertake to update such forward‐looking information except in accordance with applicable securities laws.
Globe and Mail
10-06-2025
- Business
- 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.
Yahoo
18-05-2025
- Business
- Yahoo
3 TSX Stocks Estimated To Be Trading 27.6% To 48% Below Intrinsic Value
As trade tensions ease and central banks maintain cautious stances on interest rates, the Canadian market is navigating a period of economic uncertainty with mixed signals from key sectors. In this environment, identifying undervalued stocks can be an effective strategy for investors seeking opportunities that may benefit from improved trade relations and stable monetary policies. Name Current Price Fair Value (Est) Discount (Est) Whitecap Resources (TSX:WCP) CA$8.52 CA$14.65 41.9% Docebo (TSX:DCBO) CA$36.92 CA$58.91 37.3% Badger Infrastructure Solutions (TSX:BDGI) CA$45.46 CA$77.01 41% Aris Mining (TSX:ARIS) CA$7.91 CA$13.10 39.6% Groupe Dynamite (TSX:GRGD) CA$14.57 CA$27.98 47.9% VersaBank (TSX:VBNK) CA$15.47 CA$30.59 49.4% TerraVest Industries (TSX:TVK) CA$165.27 CA$291.41 43.3% Laurentian Bank of Canada (TSX:LB) CA$27.63 CA$43.76 36.9% Journey Energy (TSX:JOY) CA$1.55 CA$3.04 49% Aya Gold & Silver (TSX:AYA) CA$10.59 CA$20.35 48% Click here to see the full list of 24 stocks from our Undervalued TSX Stocks Based On Cash Flows screener. We're going to check out a few of the best picks from our screener tool. Overview: Aya Gold & Silver Inc. is involved in the exploration, evaluation, and development of precious metals projects in Morocco and has a market cap of CA$1.36 billion. Operations: The company's revenue is primarily derived from the production at the Zgounder Silver Mine in Morocco, amounting to $67.87 million. Estimated Discount To Fair Value: 48% Aya Gold & Silver appears undervalued, trading at CA$10.59, significantly below its estimated fair value of CA$20.35. Recent financial results show robust growth, with Q1 2025 sales reaching US$33.83 million compared to US$5.08 million a year earlier and a net income turnaround to US$6.93 million from a loss of US$2.54 million the previous year. Additionally, Aya secured a US$25 million credit facility for its Boumadine project, enhancing financial flexibility and supporting future growth initiatives in Morocco. Our earnings growth report unveils the potential for significant increases in Aya Gold & Silver's future results. Click here to discover the nuances of Aya Gold & Silver with our detailed financial health report. Overview: Teck Resources Limited is involved in the research, exploration, development, processing, smelting, refining, and reclamation of mineral properties across Asia, the Americas, and Europe with a market cap of CA$25.83 billion. Operations: Teck Resources generates revenue primarily from its zinc segment, amounting to CA$3.76 billion, and copper segment, totaling CA$5.97 billion. Estimated Discount To Fair Value: 27.6% Teck Resources is trading at CA$50.97, significantly below its estimated fair value of CA$70.42, suggesting undervaluation based on cash flows. The company's earnings are forecast to grow by 31.81% annually, with revenue expected to outpace the Canadian market at 4.7% per year. Recent Q1 2025 results showed sales of CA$2.29 billion and net income of CA$370 million, reflecting solid financial performance despite a low forecasted return on equity of 4.1%. Our expertly prepared growth report on Teck Resources implies its future financial outlook may be stronger than recent results. Unlock comprehensive insights into our analysis of Teck Resources stock in this financial health report. Overview: Whitecap Resources Inc. is involved in the acquisition, development, and production of petroleum and natural gas properties in Western Canada, with a market cap of CA$10.82 billion. Operations: The company's revenue primarily comes from its oil and gas exploration and production segment, generating CA$3.41 billion. Estimated Discount To Fair Value: 41.9% Whitecap Resources, trading at CA$8.52, is significantly undervalued with an estimated fair value of CA$14.65, suggesting potential based on cash flows. Earnings are forecast to grow 19% annually, outpacing the Canadian market's 12%. Despite high dividend yields not fully covered by free cash flows and recent shareholder dilution, the company announced a substantial share buyback program and strategic merger with Veren Inc., enhancing its production capabilities and shareholder value prospects. The analysis detailed in our Whitecap Resources growth report hints at robust future financial performance. Click here and access our complete balance sheet health report to understand the dynamics of Whitecap Resources. Click through to start exploring the rest of the 21 Undervalued TSX Stocks Based On Cash Flows now. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:AYA TSX:TECK.B and TSX:WCP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
