MONTREAL, Sept. 12,
2023 /CNW/ - Aya
Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF)
("Aya" or the "Corporation") reiterates its support to the people
of Morocco following the tragic
events from last week, as we continue to use local teams to offer
assistance to those impacted.
"We send our sincere condolences to the families of the victims
and to the people of Morocco, in
light of Friday's earthquake," said Benoit
La Salle, President and CEO of Aya. "Aya stands with the
people of Morocco at this
difficult time and continues to offer regional support."
Aya also announces that it has recently been recognized as a
TSX30™ 2023 winner, by the Toronto Stock Exchange ("TSX").
"We would like to note our gratitude for recently being
recognized as a top performing company on the TSX, placing
14th on the list. Aya is one of only two companies to
achieve this milestone three years in a row, which reflects Aya's
ongoing exploration success, strong execution and dedication to
sustainably grow silver production and deliver value for all
stakeholders," continued Benoit La
Salle. "As we advance the Zgounder Silver Mine expansion, we
are supported by a robust growth pipeline with both Zgounder and
Boumadine to significantly grow resources. We continue to seek and
support sustainability initiatives, making a commitment to a
low-carbon strategy, health and safety and corporate social
responsibility.
"More importantly, we would like to acknowledge our employees,
contractors and stakeholders, including the government of
Morocco as well as the entire
investment community, whom have all played a critical role in our
achievements to date."
"The TSX30 is proud to recognize Aya
Gold & Silver, who for the third consecutive year has
made the ranking, demonstrating remarkable resilience even amid
challenging economic conditions," said Loui
Anastasopoulos, CEO, Toronto Stock Exchange. "Two thirds of
this year's list is comprised of resources companies, demonstrating
investors' continued confidence in the mining sector and companies
such as Aya."
The TSX30™ 2023 list ranks the top-performing TSX stocks and is
based on the average dividend-adjusted three-year price performance
for the period ended June 30, 2023.
Aya shares increased by 498%, ranking it 14th on the TSX30™ 2023
list. For more information on the 2023 TSX30™ rankings, visit
www.tsx.com/tsx30.
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.
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
management's expectations regarding Aya's future growth and
business prospects, the ongoing success of its exploration efforts,
its continued strong execution in terms of its plans and projects,
its capacity to grow its production of silver and deliver value
(including the timing and development of new deposits and the
success of exploration activities) and other opportunities.
Wherever possible, words such as " ongoing", "grow", "support",
"rapid", 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. Specific
forward-looking statements in this press release include, but are
not limited to, statements and information with respect
to Aya's efforts to deliver ongoing exploration results and
success, its capacity to deliver strong operational results, its
capacity to sustainably grow production and deliver stakeholder
value, its capacity to deliver on its project pipeline, its
capacity to maintain a certain grown rate, future opportunities for
enhancing development at Zgounder, and timing for the release of
the Company's disclosure in connection with the foregoing. 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. These assumptions include,
among other things, the ability to obtain and maintain any
requisite governmental approvals, the accuracy of Mineral Reserve
and Mineral Resource Estimates (including, but not limited to, ore
tonnage and ore grade estimates), the exploration results at its
various exploration projects including Zgounder and Boumadine,
silver price, exchange rates, fuel and energy costs, future
economic and market conditions, anticipated future estimates of
free cash flow, and courses of action. 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
government approvals and permitting, changes in economic
conditions, changes in the worldwide price of silver and other key
inputs, changes in mine plans (including, but not limited to,
throughput and recoveries being affected by metallurgical
characteristics), changes in geological interpretation, and other
factors, such as project execution delays, many of which are beyond
the control of Aya, as well as other risks and uncertainties which
are more fully described in Aya's 2022 Annual Information Form
dated March 31, 2023, and in other
filings of Aya with securities and regulatory authorities which are
available on SEDAR at www.sedar.com. Furthermore, Aya's corporate
update of May 28, 2020 regarding the
materiality of its assets as well as to studies regarding
non-material assets remains applicable as at the date hereof. 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.
SOURCE Aya Gold & Silver
Inc