Kuya Announces Closing of Brokered Private Placement for $25 Million

All references to dollar amounts are references to Canadian Dollars

Toronto, Ontario--(Newsfile Corp. - January 15, 2026) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce that it has closed its previously-announced "best efforts" brokered private placement (the "Offering") of units (each, a "Unit") for aggregate gross proceeds of $25,500,000. Pursuant to the Offering, the Company sold 25,500,000 Units at a price of $1.00 per Unit.

Each Unit consisted of one (1) common share in the capital of the Company (each, a "Common Share") and one-half of one (1/2) Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one additional Common Share at a price of $1.30 per Common Share until January 15, 2029.