Aya Gold & Silver Inc. in connection with its C143.75 million public offering

Our Montreal office acted as counsel to Aya Gold & Silver Inc. in its underwritten public offering of common shares in the capital of the company at a price of C$13.35 per common share, including the full exercise of the over-allotment option, for aggregate gross proceeds of approximately C$143.75 million.

The common shares were offered through a syndicate of underwriters led by Desjardins Capital Markets, as sole bookrunner, along with National Bank Financial Inc. and BMO Capital Markets as co-lead underwriters, with CIBC World Markets Inc., Raymond James Ltd., Stifel Nicolaus Canada Inc., Scotia Capital Inc., SCP Resource Finance LP, Beacon Securities Limited and INFOR Financial Inc. as syndicate members.