Kuya Silver Announces Non-Brokered Private Placement
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Kuya Silver Corporation plans a non-brokered private placement to issue up to 10 million common shares at CAD$0.25 each, aiming to raise CAD$2.5 million. The offering may involve insiders, making it a related party transaction under MI 61-101.
March 07, 2025 | 11:15 pm
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Kuya Silver Corporation is conducting a non-brokered private placement to issue up to 10 million shares at CAD$0.25 each, raising CAD$2.5 million. The involvement of insiders could classify this as a related party transaction.
The private placement aims to raise capital, which could be positive for the company's financial health. However, the potential involvement of insiders and classification as a related party transaction may raise governance concerns, balancing the impact.
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