Toronto, Ontario--(Newsfile Corp. - December 6, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") announces it has closed a second tranche in connection with a convertible financing agreement (the "Agreement") with an investor (the "Investor") as disclosed in its press releases of October 1, 2024 and October 10, 2024. Under the terms of the Agreement, the Investor subscribed for, and the Company issued, an additional unit ("Additional Unit") comprised of a secured convertible debenture of the Company in the principal amount of CAD$436,500 (face value of CAD$485,000) (the "Additional Debenture") and 560,595 common share purchase warrants of the Company (each a "Warrant") exercisable at CAD$0.37 until June 5, 2027. The Additional Debenture includes an original issue discount of 10% in favour of the Investor. The Company received net proceeds of CAD$436,500, less a 2% transaction fee to the Investor and applicable closing costs.

Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce a Letter of Intent ("LOI") with Novamera Inc. to deploy their patented Surgical MiningTM process from surface, which, if implemented, would provide additional production tonnage over and above the Company's conventional underground mining production at its flagship Bethania mine in Peru. Novamera's innovative technologies has been successfully deployed at projects spanning Canada to South America, focusing on both precious and energy transition metals. Kuya Silver sees this partnership as an opportunity to produce bonus tonnage, not previously expected in the conventional underground mine plan. In addition, Kuya Silver is pleased to provide an update on current silver mining activities at its flagship Bethania mine in Peru.