Aya Gold & Silver Inc AYA

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

Metals & Mining Silver

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.

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Aya Gold & Silver Inc > Sky betting deal

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Comment by ozphoenixon Jun 27, 2018 6:56am

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RE:RE:RE:RE:RE:Sky betting deal

Could be either way, as I noted - depends on what is in the detail - either way, the 'nett' price of the deal should remain the same.

But, I agree, allowing a cash grab while there are still significant borrowings doesn't make sense. In the M&A deal I referenced in earlier posts, there was not a large imbalance either way, so paying out the debt (but collecting the cash) was the seller's role, not inherited by the buyer.

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