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Aya Gold & Silver Inc AYA


Primary Symbol: T.AYA Alternate Symbol(s):  AYASF

Aya Gold & Silver Inc. (Aya) is a Canada-based silver producer with operations in the Kingdom of Morocco. The Company operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault. The Zgounder Silver Mine is an underground silver mine located approximately 260 kilometers (km) east of Agadir in Morocco. The Zgounder mining permit covers over 16 square kilometers (km2). It owns 100% of Zgounder Millennium Silver Mine S.A (ZMSM), which owns the Zgounder property. It also owns 85% of the Boumadine polymetallic project and owns the permits related to the Amizmiz, Azegour, Zgounder Regional and Imiter bis properties. All of these properties are located in the Kingdom of Morocco. Aya owns 75% of the Tijirit project located in Mauritania. Aya also owns Tirzzit Project, which consists of seven permits located approximately 25 km from the Zgounder property. Its wholly owned subsidiary is Aya Gold & Silver Maroc S.A.


TSX:AYA - Post by User

Comment by solarman2013on Jun 26, 2018 12:20pm
95 Views
Post# 28230601

RE:Offering

RE:OfferingClosing just announced. The Stars Group Announces Closing of Public Offering of Common Shares TORONTO, June 26, 2018 /CNW/ - The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) ("The Stars Group" or the "Company") announced today the closing of its previously announced underwritten public offering of common shares (the "Offering") at a price of US$38.00 per common share. A total of 17,000,000 common shares were sold by the Company and 8,000,000 common shares were sold by certain shareholders of the Company (the "Selling Shareholders"). The net proceeds to the Company, after underwriting discounts and commissions, but before estimated expenses of the Offering payable by the Company, are approximately US$622 million. The Company and the Selling Shareholders have granted the underwriters for the Offering an over-allotment option to purchase up to 1,875,000 and 1,875,000 additional common shares, respectively. The over-allotment option is exercisable for a period of 30 days from June 21, 2018, the date of the pricing of the Offering. The Stars Group intends to use the net proceeds from the treasury offering, together with debt financing and cash on hand to fund the previously announced acquisition of Sky Betting & Gaming, a leading mobile-led betting and gaming operator (the "Acquisition"). If for any reason the Acquisition does not close, the Company intends to use the net proceeds from the Offering for general corporate purposes. Morgan Stanley, J.P. Morgan and Deutsche Bank Securities acted as the joint book-running managers and representatives of the underwriters for the Offering. The additional joint book-running managers for the Offering were Goldman Sachs & Co. LLC, Barclays, BMO Capital Markets and Macquarie Capital (USA) Inc. The co-managers for the Offering were Blackstone Capital Markets, Cormark Securities (USA) Limited, Canaccord Genuity Corp., Union Gaming Securities, LLC and Investec Bank plc. PJT Partners LP acted as strategic capital markets advisor to the Company in connection with the Offering. The common shares were offered in each of the provinces and territories of Canada by way of a prospectus supplement dated June 21, 2018 (the "Prospectus Supplement") to the Company's short form base shelf prospectus dated January 16, 2018. The common shares were also offered in the United States pursuant to a prospectus supplement to the Company's registration statement on Form F-10 (the "Registration Statement") filed with the U.S. Securities and Exchange Commission under the U.S./Canada Multijurisdictional Disclosure System. A copy of the Prospectus Supplement and related short form base shelf prospectus, containing important detailed information about the Offering, may be found on SEDAR at www.sedar.com and on EDGAR at www.sec.gov, and a copy of the Registration Statement can be found on EDGAR at www.sec.gov. Copies of the Prospectus Supplement and the Registration Statement may also be obtained in the United States from Morgan Stanley, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; or Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836 and in Canada from J.P. Morgan Securities Canada Inc., Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717.
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