• Kuya Silver (KUYA) has announced changes to its board and management team
  • Kuya has entered into an agreement with Crescat 
  • Dr. Hennigh will continue to provide geologic expertise on exploration and development activities on Kuya’s projects
  • Crescat is a global macro asset management firm headquartered in Denver, Colo
  • Kuya is a Canadian‐based silver‐focused mining company that owns the Bethania Project, which includes the Bethania mine, located in Central Peru
  • Kuya Silver Corporation (KUYA) is down 7.36 per cent and is trading at C$1.51 at 10:10 am PT

Kuya Silver Corporation (KUYA) has announced that Dr. Quinton Hennigh retired as a Director and Chairman of the Board.

Dr. Hennigh is now Crescat Capital LLC’s full-time geologic and technical advisor.

Kuya is pleased to welcome Christian Aramayo, M.Sc., C.Eng., who has been promoted to Chief Operating Officer and David Lewis, P.Geo, who has been promoted to Exploration Director.

Under a shareholder agreement with Crescat, Dr. Hennigh will continue to provide geologic expertise on exploration and development activities on Kuya’s portfolio of projects.

David Stein, President and CEO of Kuya stated,

“On behalf of the board and management of Kuya, I’d like to take this opportunity to express our very sincere gratitude to Quinton for his valuable contribution to the company and we wish him the very best in his future endeavors with Crescat.”

“Kuya, under the management of David Stein and his team, is well-positioned to become a significant silver company over the coming years,” commented Quinton Hennigh.

“It has been a delight to be part of the formative beginning of the company. With recent strong drill results from Bethania, Kuya is on track to lay out the path to production. Crescat looks forward to supporting the Company as it undertakes its ambitious plans.”

Crescat is a global macro asset management firm headquartered in Denver. Crescat’s mission is to grow and protect wealth over the long term by deploying tactical investment themes based on proprietary value-driven equity and macro models.

Crescat’s goal is industry-leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks. Crescat’s investment process involves a mix of asset classes and strategies to assist with each client’s unique needs and objectives and includes global macro, long/short, large-cap and precious metals funds.

Kuya is a Canadian‐based silver‐focused mining company that owns the Bethania Project, which includes the Bethania mine, located in Central Peru.

The Bethania mine was in production until 2016, toll‐milling its ore at various other concentrate plants in the region, the company’s plan is to implement an expansion and construct a concentrate plant at the site before restarting operations.

Kuya Silver Corporation (KUYA) is down 7.36 per cent and is trading at C$1.51 at 10:10 am PT.

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