Aya Gold & Silver Completes Funding for Mine Expansion
Company Announcements

Aya Gold & Silver Completes Funding for Mine Expansion

Aya Gold & Silver (TSE:AYA) has released an update.

Aya Gold & Silver Inc. has announced the completion of the final drawdown of its $100 million financing for the Zgounder Silver Mine expansion in Morocco. The project, backed by the EBRD and the CTF, is fully funded and expected to reach commercial production in Q4-2024, according to President and CEO Benoit La Salle. The company, a growing silver producer on the TSX, is also advancing its Tijirit Gold Project in Mauritania.

For further insights into TSE:AYA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAya Gold & Silver’s Boumadine Zone Expands
TipRanks Canadian Auto-Generated NewsdeskAya Gold & Silver Creates New Gold Venture Mx2
GlobeNewswireAya Gold & Silver Announces Spinout and Creation of Growth-Focused Gold Venture
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App