Aya Gold & Silver Begins Trading on OTCQX
PRESS RELEASE
Aya Gold & Silver Begins Trading on OTCQX
Montreal, Quebec, April 07, 2022 - Aya Gold & Silver Inc. (TSX: AYA, OTCQX: AYASF) (“Aya” or the
“Corporation”) is pleased to announce that effective today, its common shares commenced trading on
the OTCQX® Best Market under the ticker symbol “AYASF”.
Prior to this, Aya’s common shares were quoted on the Pink® market under the symbol “MYAGF”. U.S.
investors can find current financial disclosure and real-time quotes for the Corporation on
www.otcmarkets.com.
Benoit La Salle, President & CEO, commented, "We are pleased to announce the upgrade to the OTCQX®
Best Market, a designation that improves liquidity and aligns with our commitment to meet higher
financial standards for compliance, disclosure and corp orate governance. Trading our stock on the
OTCQX improves transparency and expands our accessibility to current and prospective U.S. and global
shareholders."
Dentons US LLP acted as the company’s OTCQX® sponsor.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and
international securities. Our data -driven disclosure standards form the foundation of our three public
markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker -
dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the
U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link
LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit
www.otcmarkets.com.
Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
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 Moroccan mining assets are complemented by its Tijirit
Gold Project in Mauritania, which is being advanced to feasibility.
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 www.ayagoldsilver.com.
Or contact
Benoit La Salle, FCPA FCA
President & CEO
Alex Ball
VP, Corporate Development & IR
Forward-Looking Statements
This press release may contain or incorporate by reference, certain statements, other than historical
facts, including but not limited to any information as to the future financial or operating performance of
Aya, that constitute forward -looking informatio n within the meaning of applicable securities laws
(“forward-looking statements”), which reflects management’s expectations, estimates and projections
regarding Aya’s future growth and business prospects (including the timing and development of deposits
and the success of exploration activities) and other opportunities as of the date of this news release.
Forward-looking statements include future events and opportunities including, without limitation,
statements with respect to: exploration and development potential of Zgounder, our estimates,
expectations, forecasts and guidance, production costs of sales, all -in sustaining cost and capital
expenditures, cost savings, project economics (including net present value and internal rates of return)
and other information contained in the feasibility study; as well as references to other possible events,
the future price of silver, the estimation of mineral reserves and mineral resources, the realization of
mineral reserve and mineral resource estimates, the timing and amount of estimated future production,
costs of production, estimates of necessary capital, cost of capital, capital expenditures, costs and timing
of the development of the project and mining and processing activities, permitting timelines, currency
fluctuations, requirements for additional capital, government regulation of mining operations, and
environmental risks.
Wherever possible, words such as “develop”, “support”, “provide”, “comfort”, “commit”, “deliver”,
“support”, “contribute”, “confirm”, “intend”, 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.
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 devel opments that management believe to be reasonable and relevant but that
may prove to be incorrect. 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 1) there being no
significant disruptions affecting the operations of the Corporation whether due to COVID-19 restrictions,
artisanal miners, access to water, extreme weather events and other or related natural disasters, labour
disruptions, supply disruptions, power disruptions, damage to equipment or otherwise; (2) permitting,
development, operations and production from the Zgounder project being consistent with the
Corporations’ expectations; (3) political and legal developments in the Kingdom of Morocco being
consistent with its current expectations; (4) the exchange rate between the U.S. dollar and the Moroccan
Dirham being approximately c onsistent with current levels; (5) certain price assumptions for silver; (6)
prices for diesel, process reagents, fuel oil, electricity and other key supplies being approximately
consistent with current levels; (7) production and cost of sales forecasts me eting expectations; (8) the
accuracy of the current mineral reserve and mineral resource estimates of the Corporation; (9) labour
and materials costs increasing on a basis consistent with the Corporation’s current expectations; and
(10) asset impairment (o r reversal) potential, being consistent with the Corporation’s current
expectations. Known and unknown factors could cause actual results to differ materially from those
projected in the forward -looking statements. All of the forward -looking statements mad e in this news
release are qualified by these cautionary statements and those made in our other filings with the
securities regulators of Canada including, but not limited to, the cautionary statements made in the "Risk
Factors" section of our Annual Infor mation Form dated March 31, 2021 and the "Risk Analysis" section
of our Q3/2021 Management’s Discussion & Analysis and in other filings of Aya with securities and
regulatory authorities which are available on SEDAR at www.sedar.com. These factors are not intended
to represent a complete list of the factors that could affect the Corporation. Aya disclaims any intention
or obligation to update or revise any forward -looking statements or to explain any material difference
between subsequent actual events and such forward looking statements, except to the extent required
by applicable law.