Website Information

This website is the official site of Kuya Silver Corp. The information provided to users of this website is for informational purposes only. Users should not rely on information contained in this website for any purpose other than for gaining general knowledge of Kuya Silver Corp. This information is not intended to be a comprehensive review of all matters and developments concerning Kuya Silver Corp. and Kuya Silver Corp. assumes no responsibility for its completeness, accuracy and currency.

Cautionary Statement on Forward-Looking Information

All statements, other than statements of historical fact, contained or incorporated by reference on this website, constitute “forward-looking information” or “forward-looking statements” within the meaning of certain securities laws, and are based on expectations, estimates, and projections as of the date of this website. Forward-looking information contained in this website includes but is not limited to statements with respect to (a) the Company's ability to obtain funding on favourable terms or at all; (b) anticipated exploration activities and the results of those activities; (c) identification and definition of mineral deposits; (d) the Company's plans in respect of development and operations; (e) schedules and budgets for the Company’s development projects; (f) anticipated capital requirements and capital expenditures; (g) estimates and the realization of such estimates; (h) potential mining and processing scenarios; (i) anticipated operating costs, revenues, and cash flow; (j) the timing and amount of estimated future production; and (k) the future price of silver. The words “aim,” “anticipate,” “assumption,” “believe,” “budget,” “continue,” “could,” “develop,” “enhancement,” “estimate,” “expand,” “expect,” “explore,” “extend,” “goal,” “focus,” “forecast,” “forward,” “future,” “growth,” “guidance,” “indicate,” “initiative,” “intend,” “investigate,” “may,” “must,” “objective,” “opportunity,” “optimize,” “option,” “outcome,” “outlook,” “plan,” “possible,” “potential,” “priority,” “progress,” “project,” “prospective,” “pursue,” “roadmap,” “schedule,” “seek,” “should,” “study,” “target,” “vision,” “will,” or “would,” and variations of those words, and similar words, phrases, or statements indicating that certain actions, events, or results may, could, should, or will be achieved, received, or taken, or will occur, identify forward-looking information.

Forward-looking statements are necessarily based upon various estimates and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic, and competitive uncertainties and contingencies. The estimates, models, and assumptions of the Company referenced, contained, or incorporated by reference in this website, which may prove to be incorrect, include but are not limited to (1) there being no significant disruptions affecting the operations of the Company, whether due to extreme weather events or other natural disasters, labour disruptions, supply disruptions, power disruptions, protests, blockades, damage to equipment, or otherwise; (2) permitting, development, and operations at or in respect of the Company’s development projects being consistent with the Company’s current expectations, including without limitation the maintenance or modification of existing permits, licenses, consents, authorizations, and approvals (collectively, “Permits”) and the timely receipt of all Permits necessary for the development of and commencement of production at the Bethania Silver Project (the “Bethania

Project”), and the successful completion of exploration consistent with the Company’s expectations at the Company’s projects; (3) political and legal developments in any jurisdiction in which the Company operates being consistent with its current expectations, including without limitation the impact of any political developments in the Republic of Peru, and penalties imposed, or actions taken, by any government, including but not limited to amendments or other changes to laws, regulations, rules, and policies relating to mining, environmental protection, water use, labour and employment, safety, customs, and taxation; (4) the completion of studies on the timelines currently expected, and the results of those studies being consistent with the Company’s current expectations; (5) the exchange rate between the Canadian dollar and the Peruvian nuevo sol being approximately consistent with current levels; (6) certain price assumptions for silver; (7) prices for diesel, electricity, and other key supplies being approximately consistent with the Company’s expectations; (8) the accuracy of the current Mineral Resource estimate of the Company for the Bethania Project; (9) access to capital markets consistent with the Company’s expectations, and sufficient to fund the activities of the Company contemplated by this website; (10) potential direct or indirect operational impacts resulting from infectious diseases or pandemics such as the ongoing COVID-19 pandemic; and (11) the effectiveness of preventative actions and contingency plans put in place by the Company to respond to the COVID-19 pandemic.

Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to (a) the inaccuracy of any of the foregoing assumptions; (b) the Company’s ability to obtain financing; (c) the speculative nature of mineral exploration and development, including but not limited to the risks associated with obtaining and renewing necessary Permits; (d) political or economic developments in Canada, Peru, or other countries in which the Company does business or may do business; (e) the security of personnel and assets; (f) operating or technical difficulties in connection with mining or development activities; (g) changes in legislation, taxation, controls, policies, and regulations; (h) litigation or other claims against, or any regulatory investigations, enforcement actions, administrative orders, or sanctions in respect of, the Company, its directors, officers, or employees, including but not limited to securities class action litigation, environmental litigation, or regulatory proceedings, or any investigations, enforcement actions, or sanctions under any applicable anti-corruption laws; (i) fluctuations in the currency markets, or in the spot or forward price of silver or certain other commodities (such as fuel and electricity); (j) employee relations; (k) contests over title to properties, particularly undeveloped properties; and (l) business opportunities that may be presented to, or pursued by, the Company.

These uncertainties and contingencies may cause the Company’s actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. All of the forward-looking statements made in this website are qualified by this cautionary statement and those made in our filings with Canadian securities regulators, including but not limited to the

cautionary statements made in the “Risk Analysis” section of our Management’s Discussion and Analysis dated April 21, 2023, for the year ended December 31, 2022, and the “Risk Factors” set forth in the Company’s Annual Information Form dated April 20, 2022, for the year ended December 31, 2021, both of which are available under the Company’s SEDAR profile at The factors described in these statements are not intended to represent a complete list of the factors that could affect the Company. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law.

Amended and Restated Preliminary Economic Assessment for the Bethania Project

The Amended and Restated Preliminary Economic Assessment on the Bethania Project (the “Amended Bethania PEA”) was conducted by, and the related technical report titled “Bethania Silver Project – NI 43- 101 Technical Report (Amended and Restated Preliminary Economic Assessment prepared for Kuya Silver Corporation), Huancavelica, Peru” (the “Amended Bethania PEA Report”), was prepared by, Mining Plus, with contributions from other consultants.

The Amended Bethania PEA Report was prepared in accordance with the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and has an effective date of October 20, 2023. The Amended Bethania PEA is based on the Mineral Resource estimate for the Bethania Project as set out in “National Instrument 43-101 Technical Report and Maiden Mineral Resource Estimate on the Bethania Silver Project, Department of Huancavelica, Province of Huancavelica, District of Acobambilla, Peru,” a technical report prepared for the Company with an issue date of February 21, 2022, an effective date of January 6, 2022, and an effective date of December 10, 2021 for the Mineral Resource estimate.

The Amended Bethania PEA is preliminary in nature, contains numerous assumptions, and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that the results of the Amended Bethania PEA will be realized. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no assurance that Inferred Mineral Resources will ever be upgraded to Mineral Reserves. In addition, the Mineral Resource estimate could be materially affected by environmental, geotechnical, permitting, legal, title, taxation, socio-political, marketing, and other relevant factors.

The information in this website about the Amended Bethania PEA should be read in conjunction with the news release titled “Kuya Silver Announces Filing of Amended and Restated Technical Report” issued on October 23, 2023, and the Amended Bethania PEA Report, both of which are available on the Company’s website at


On this website, the terms “Mineral Resource,” “Inferred Mineral Resource,” “Indicated Mineral Resource,” “Measured Mineral Resource, “Mineral Reserve,” “Probable Mineral Reserve,” and “Proven Mineral Reserve” comply with reporting standards in Canada and are made in accordance with NI 43-101 under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Standards on Mineral Resources and Mineral Reserves (the “CIM Standards”). These standards differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC”) applicable to domestic United States reporting companies. Accordingly, information included in this website that describes the Company's Mineral Resource estimate for the Bethania Project may not be comparable with information made public by United States companies subject to the SEC’s reporting and disclosure requirements. Qualified Persons

The scientific and technical content of this website relating to the Bethania Project is based on the Bethania PEA Report, which was prepared by Mr. Edgard Vilela, MAusIMM (CP), Principal Mining Consultant, Mining Plus, Scott Jobin-Bevans (Ph.D., PMP, P.Geo.), Principal Geoscientist, Caracle Creek International Consulting Inc., Simon James Atticus Mortimer (M.Sc. ACSM, MAusIMM, MAIG, P.Geo.), Atticus Consulting S.A.C., Donald Hickson, P.Eng., Klohn Crippen Berger collaborator, Laurie Tahija, MMSA-QP, of M3 Engineering and Technology Corporation, and John Woodson, P.Eng., of M3 Engineering and Technology Corporation, each of whom is a Qualified Person as that term is defined in NI 43-101. Each of these Qualified Persons is independent of the Company. The scientific and technical content of this website relating to the Silver Kings Project is based on a technical report titled “NI 43-101 Technical Report for the Silver Kings Project, Ontario, Canada,” with an issue date of December 3, 2021 and an effective date of September 5, 2021 (the “Silver Kings Technical Report”), which was prepared for the Company in accordance with NI 43-101 by Alain Carrier, P.Geo., M.Sc. (OGQ No. 281, PGO No. 1719, NAPEG No. L2701) of InnovExplo Inc., who is a Qualified Person as that term is defined in NI 43-101. Mr. Carrier is independent of the Company. Information in this website about the Silver Kings Project should be read in conjunction with the news release titled “Kuya Silver Files NI 43‐101 Technical Report for Silver Kings Project” issued on December 3, 2021, and the Silver Kings Technical Report, both of which are available under the Company’s SEDAR+ profile at

U.S. Dollars

All financial figures in this website are stated in United States dollars unless otherwise noted.

Disclaimer of Liability

By using this website, the user agrees that Kuya Silver Corp. will not be liable for any injuries, losses, expenses or damages (including direct or indirect, special or consequential, and loss of profits, opportunities or information) arising from any inaccuracy or omission in information contained in this website or the failure to keep such information current; the use of or reliance on such information; the use of any third party websites linked to this website; any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website; and any other matter connected with this web site, even if Kuya Silver Corp. is made aware of the possibility of such claims, damages or losses.

Privacy Statement

In general, you may visit this website (the "Site") without providing any personal information. However, in order to benefit from certain features of this Site, you may need to provide personal information. For example, if you sign up for our email list, we will ask you for your email address so that we can send you email notices when we post news releases or new content on this Site. You may unsubscribe from these messages at any time by using the unsubscribe feature in the message (if provided) or by contacting us as described below.

We share personal information with third parties (including affiliates acting in this capacity) that perform services on our behalf, such as information technology, data hosting, analytics, graphic design, video production, and email services provider or similar services, or that otherwise to collect, use, disclose, store or process personal information on our behalf for the purposes described in this statement. These third parties may be located in Canada and the U.S. and your personal information may be processed in these countries for the purposes described in this statement. Reasonable contractual other measures we may take to protect your personal information while processed or handled by these third parties are subject to applicable foreign legal requirements, for example lawful requirements to disclose personal information to government authorities in those countries.

Personal information may also be used and disclosed to parties connected with the proposed or actual financing, securitization, insuring, sale, assignment or other disposal of all or part of our business or assets, for the purposes of evaluating and/or performing the proposed transaction. Our assignees or successors may use and disclose your personal information for similar purposes as those described in this statement.

We may disclose personal information for other purposes with your consent or as permitted or required by law.

Kuya Silver Corp. uses cookies and other tracking technologies to collect and maintain statistics relating to this Site, including the number and frequency of visits, the average length of visits and which pages are viewed during a visit as well as the types of browsers and the Internet Protocol Addresses of visitors' computers. This information is used to analyze and improve our Site content and performance. You may be able to set your browser to reject cookies, or to notify you when a cookie is set. If you choose to reject cookies, some areas of this Site may not function properly.

Kuya Silver Corp. takes reasonable steps to protect your personal information using physical, electronic and procedural security measures appropriate to the sensitivity of the information in our custody or control, which may include safeguards to protect against loss or theft, as well as unauthorized access, disclosure, copying, use or modification. Authorized employees, agents and mandataries will have access to your personal information as necessary to fulfil their job requirements.

The file containing your personal information will be maintained on our servers or those of our service providers and will be accessible at our offices. You may request access to or correction of your personal information, or make other inquires about our personal information handling practices, by writing to Investor Relations This email address is being protected from spambots. You need JavaScript enabled to view it. right to access or correct your personal information is subject to applicable legal restrictions. We may take reasonable steps to verify your identity before granting access or making corrections.

We may revise this privacy statement from time to time. If we intend to use or disclose personal information for purposes materially different than those described in this statement, we will make reasonable efforts to notify affected individuals, if necessary, including by revising this statement. We encourage you to visit our Site frequently to obtain the current version. By continuing to access this Site or provide personal information following any changes to this statement you agree to accept any such changes. This statement is effective as of April 24, 2018.

Where You Can Find Further Information

We encourage visitors to our website to also read the information available at the website of the Canadian Securities Administrators (CSA) at Readers can review our public filings at the CSA's SEDAR page. In addition, the British Columbia Securities Commission has published information on how to invest carefully at its web site.