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Kuya Silver Announces Grant of Equity Incentives

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Kuya Silver (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) has announced the grant of 340,000 stock options to independent directors as part of their annual equity incentive. The options have an exercise price of $0.38 per common share and are subject to vesting provisions. Any common shares issued through these options will have a hold period expiring on December 31, 2024. This move is part of the company's strategy to align the interests of its independent directors with those of shareholders and provide long-term incentives for their service.

Kuya Silver (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) ha annunciato la concessione di 340.000 opzioni su azioni a direttori indipendenti come parte del loro incentivo annuale in capitale. Le opzioni hanno un prezzo di esercizio di 0,38 $ per azione ordinaria e sono soggette a disposizioni di maturazione. Qualsiasi azione ordinaria emessa tramite queste opzioni avrà un periodo di blocco che scade il 31 dicembre 2024. Questa mossa fa parte della strategia dell'azienda per allineare gli interessi dei suoi direttori indipendenti con quelli degli azionisti e fornire incentivi a lungo termine per il loro servizio.

Kuya Silver (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) ha anunciado la concesión de 340,000 opciones sobre acciones a directores independientes como parte de su incentivo anual de capital. Las opciones tienen un precio de ejercicio de $0.38 por acción común y están sujetas a disposiciones de adquisición. Cualquier acción común emitida a través de estas opciones tendrá un período de restricción que expira el 31 de diciembre de 2024. Este movimiento es parte de la estrategia de la empresa para alinear los intereses de sus directores independientes con los de los accionistas y proporcionar incentivos a largo plazo por su servicio.

쿠야 실버 (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1)는 독립 이사들에게 연간 주식 인센티브의 일환으로 340,000 주식 옵션을 부여한다고 발표했습니다. 이 옵션의 행사 가격은 $0.38이며, 발생 조건이 적용됩니다. 이러한 옵션을 통해 발행되는 일반 주식은 2024년 12월 31일에 만료되는 보유 기간이 있습니다. 이 조치는 독립 이사의 이익을 주주와 일치시키고 그들의 서비스에 대한 장기적인 인센티브를 제공하는 회사의 전략의 일환입니다.

Kuya Silver (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) a annoncé l'octroi de 340 000 options d'achat d'actions aux administrateurs indépendants dans le cadre de leur incitation annuelle en capital. Les options ont un prix d'exercice de 0,38 $ par action ordinaire et sont soumises à des dispositions d'acquisition. Les actions ordinaires émises via ces options auront une période de blocage expirant le 31 décembre 2024. Ce mouvement fait partie de la stratégie de l'entreprise visant à aligner les intérêts de ses administrateurs indépendants avec ceux des actionnaires et à fournir des incitations à long terme pour leur service.

Kuya Silver (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) hat die Gewährung von 340.000 Aktienoptionen an unabhängige Direktoren im Rahmen ihres jährlichen Eigenkapitalanreizes angekündigt. Die Optionen haben einen Ausübungspreis von $0,38 pro Stammaktie und unterliegen Vesting-Bestimmungen. Alle Stammaktien, die über diese Optionen ausgegeben werden, haben eine Haltedauer, die am 31. Dezember 2024 abläuft. Dieser Schritt ist Teil der Unternehmensstrategie, die Interessen seiner unabhängigen Direktoren mit denen der Aktionäre in Einklang zu bringen und langfristige Anreize für ihren Dienst zu schaffen.

Positive
  • Granting of stock options aligns directors' interests with shareholders
  • Implementation of long-term incentive plan for independent directors
Negative
  • Potential dilution of existing shareholders' equity

Toronto, Ontario--(Newsfile Corp. - August 30, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") announces it has granted 340,000 stock options ("Options") to acquire common shares in the capital of the Company (each a "Common Share"), to independent directors as part of their annual equity incentive at an exercise price of $0.38. The Options are subject to vesting provisions. Any Common Shares issued pursuant to the Options, are subject to a hold period expiring December 31, 2024.

About Kuya Silver Corporation

Kuya Silver is a Canadian‐based, growth-oriented mining company with a focus on silver. Kuya Silver operates the Bethania silver mine in Peru, while developing district-scale silver projects in mining-friendly jurisdictions including Peru and Canada.

For more information, please contact:

David Stein, President and Chief Executive Officer
Telephone: (604) 398‐4493
info@kuyasilver.com
www.kuyasilver.com

Reader Advisory

This news release contains statements that constitute "forward-looking information," including statements regarding the plans, intentions, beliefs, and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "must," "next," "propose," "new," "potential," "prospective," "target," "future," "verge," "favourable," "implications," and "ongoing," and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Investors are cautioned that statements including forward-looking information are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those described in the forward-looking information as a result of various factors, including but not limited to fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing, and general economic, market, and business conditions. There can be no assurances that such forward-looking information will prove accurate, and therefore, readers are advised to rely on their own evaluation of the risks and uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the Canadian Securities Exchange nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221744

FAQ

How many stock options did Kuya Silver (KUYAF) grant on August 30, 2024?

Kuya Silver granted 340,000 stock options on August 30, 2024.

What is the exercise price of the stock options granted by Kuya Silver (KUYAF)?

The exercise price of the stock options granted by Kuya Silver is $0.38 per common share.

When does the hold period for shares issued from these options expire for Kuya Silver (KUYAF)?

The hold period for common shares issued from these options expires on December 31, 2024.

Who received the stock options granted by Kuya Silver (KUYAF) in August 2024?

The stock options were granted to independent directors of Kuya Silver as part of their annual equity incentive.

KUYA SILVER CORP

OTC:KUYAF

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26.75M
84.63M
10.15%
8.51%
Silver
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United States of America
Toronto