Aya Gold & Silver: Strengthens Board Diversity Through Nomination of New Director Receives Positive Recommendation from Leading Independent Proxy Advisory for All Proposed Items at Upcoming AGM
PRESS RELEASE
Aya Gold & Silver: Strengthens Board Diversity Through Nomination of New
Director
Receives Positive Recommendation from Leading Independent Proxy Advisory
for All Proposed Items at Upcoming AGM
Montreal, Quebec, June 07, 2023 - Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF ) (“Aya” or “the
Corporation”) is pleased to announce that in line with its commitment to instituting highest standards
of corporate governance including increasing gender diversity and representation at the Board and
management levels, the Board has convened that, if re -elected at the 2023 AGM, Marc Nolet de
Brauwere will step down and the Board intends to appoint Ms. Annie Torkia Lagacé as Director to fill
the vacancy.
This appointment will imm ediately increase female Board representation to over 37%, reflecting the
Corporation’s commitment to best governance practices , and largely exceeds proxy advisory firm s’
guidelines, including guidelines of Institutional Shareholder Services Inc. (“ISS”), w hich has
recommended that shareholders vote for all resolutions put forth at its upcoming Annual General
Meeting (“AGM”) to be held on June 15, 2023.
About Ms. Torkia Lagacé
Ms. Torkia Lagacé is a seasoned ESG-driven business executive with over 20 years of legal and financial
experience, mainly within the mining and aerospace sectors. Up to recently, Ms. Torkia Lagacé held the
position of Senior-Vice President, Legal Affairs, General Counsel and Corporate Secretary of Bombardier
Inc. Prior to that, she held several positions at Stornoway Diamonds, including Executive Vice-President,
Finance and Corporate Services . Ms. Torkia Lagacé also served as Senior Legal Counsel for Cliffs
Natural Resources and practiced law for more than 12 years in the fields of M&A, securities & project
financing at Blake, Cassels & Graydon and Stikeman Elliott. She holds a civil law degree and a common
law degree from University of Ottawa as well as an EMBA from the Kellogg-Schulich executive MBA
program from the Schulich School of Business in Toronto and the Kellogg School of Management in
Chicago. She has been a member of the Barreau du Québec since 2001.
“Ms. Torkia Lagacé’s nomination underscores the Board’s desire to diversify further and maximize its
effectiveness,” said Robert Taub, Chair of Aya ’s Board. “Ms. Torkia Lagacé’s ESG steering committee
experience coupled with her expertise in law, finance, capital markets, governance and compliance sets
her apart and will be invaluable as we continue to unlock value for all stakeholders.”
“On behalf of management and the Board, we would like to extend a very warm thanks to Marc Nolet de
Brauwere for his sound counsel during his two years of service on the Board and on the Environmental,
Health and Safety, and Sustainability Committee ,” said Benoit La Salle, President & CEO. “Mr. Nolet’s
stepping down to help the Corporation achieve its diversity goals is a reflection of Mr. Nolet’s values
and commitment to the Corporation’s ESG objectives.”
Voting
Shareholders are encouraged to vote in advance of the meeting by mail, telephone, internet or fax in the
manner set out in the meeting materials that have been sent to shareholders, copies of which can be
accessed on our website at https://ayagoldsilver.com/agm-2023/.
YOUR VOTE IS IMPORTANT - PLEASE VOTE TODAY
The Board of Directors recommends that shareholders vote FOR ALL proposed resolutions.
Please submit your vote well in advance of the proxy deposit deadline of 10:00 a.m. (Eastern Time) on
Tuesday, June 13, 2023.
Shareholders can also exercise their rights by attending the AGM in person, which will be held on June
15, 2023 at 10:00 EST at the Corporation’s office in the Town of Mount Royal.
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 maximizes shareholder value by anchoring sustainability at the heart of its
production, resource, governance, and financial growth plans.
For additional information, please visit Aya’s website at www.ayagoldsilver.com or contact:
Benoit La Salle, FCPA, MBA
President & CEO
Alex Ball
VP, Corporate Development & IR
Forward-Looking Statements
This press release contains certain statements that constitute forward -looking information within the
meaning of applicable securities laws (“forward -looking statements”), which reflects man agement's
expectations regarding Aya’s future growth and business prospects (including the timing and
development of new deposits and the success of exploration activities) and other opportunities.
Wherever possible, words such as “continue”, “would”, 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 developments 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 factors and other risks
and uncertainties which are more fully described in Aya's 20 22 Annual Information Form dated March
31, 2023. Aya does not undertake any obligation to update forward -looking statements should
assumptions related to these plans, estimates, projections, beliefs, and opinions change. Nothing in this
document should be construed as either an offer to sell or a solicitation to buy or sell Aya securities. All
references to Aya include its subsidiaries unless the context requires otherwise.