Aya Gold & Silver Inc. filed a prospectus supplement dated June 12, 2025, in connection with a public offering of 9,363,300 common shares at a price of $13.35 per share, for total gross proceeds of $143,750,000.
The shares are offered through an underwriting syndicate led by Desjardins Securities Inc. as sole bookrunner, with National Bank Financial Inc. and BMO Nesbitt Burns Inc. acting as co-lead underwriters. Other syndicate members include CIBC World Markets Inc., Raymond James Ltd., Stifel Nicolaus Canada Inc., Scotia Capital Inc., SCP Resource Finance LP, Beacon Securities Limited, and INFOR Financial Inc.
The offering was priced through arm’s length negotiation between Aya and the underwriters based on the prevailing market price.
Norton Rose Fulbright Canada LLP acted as legal counsel to Aya, with a team led by Steve Malas and included Solomon Sananes, Alexandra Persaud, Sean Cohen, Philippe Carignan, Stephanie Goyer Enriquez, David Brazeau.
McCarthy Tétrault LLP represented Desjardins with a team led by Charles-Antoine Souliere and Farhiyah Shariff that included Rebecca Wieschkowski, Jonathan Brisebois and Conrad Parken (Business).