Mergers & Acquisitions ·
Aya Gold & Silver agrees to sell Azegour project to Sama Resources for up to 19.11% stake
AYAAya Gold & Silver Inc.
Aya Gold & Silver Inc. has entered into a term sheet with Sama Resources Inc. to sell its Azegour polymetallic copper-tungsten-molybdenum project in Morocco. In exchange, Aya will receive common shares of Sama representing up to 19.11% of the acquirer's issued and outstanding equity upon closing. The transaction is designed to streamline Aya’s portfolio while maintaining exposure to Azegour’s future potential through its new stake. The deal remains subject to the execution of a definitive agreement and receipt of regulatory approvals. Aya Gold & Silver Inc. operates as a Canadian precious metals mining company focused on exploration and production in Morocco.