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Last C$0.26 CAD
Change Today 0.00 / 0.00%
Volume 0.0
MYA On Other Exchanges
As of 1:08 PM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

maya gold & silver inc (MYA) Snapshot

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06/12/14 - C$0.49
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03/10/15 - C$0.19
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maya gold & silver inc (MYA) Details

Maya Gold & Silver Inc. is engaged in the acquisition, exploration, evaluation, and development of gold and silver properties in Morocco. It also explores for copper, zinc, lead, molybdenum, and uranium deposits. The company owns 100% interests in the Amizmiz property, the Azegour property, the Mining permit No 233263, and the Touchkal property, as well as 85% interest in the Zgounder and the Boumadine properties in Morocco. Maya Gold & Silver Inc. was incorporated in 2007 and is headquartered in Blainville, Canada.

Founded in 2007

maya gold & silver inc (MYA) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$200.0K
President, Director and President of Compagni...
Total Annual Compensation: C$234.1K
Chief Financial Officer
Total Annual Compensation: C$125.0K
Compensation as of Fiscal Year 2014.

maya gold & silver inc (MYA) Key Developments

Maya Gold & Silver Inc. Enters into an Agreement Amending the Credit Facility

Maya Gold & Silver Inc. has entered into an agreement amending the credit facilities made available to it by a fund managed by Scipion Capital Ltd. The company announced that, pursuant to an amendment to the facility agreement, the corporation and the lender have agreed to postpone the maturity date of the credit facility to October 30, 2015. The outstanding balance of the credit facility remaining will be payable in consecutive monthly installments until maturity. The extension of the credit facility is to provide financial flexibility to further advance Zgounder underground development. The conditions remain the same as previous agreement. The corporation has further agreed to pay a cash fee equal to USD 45,000. The company agreed to amend the terms of the option to convert any amounts due under the facility into a maximum of 1,500,000 common shares of Maya, at a price of CAD 0.35 per share by extending the conversion period from January 31, 2015 to October 30, 2015. Furthermore, pursuant to an amendment to the facility agreement, it has been agreed to increase the credit facility by an amount of USD 131,250 in principal. The increase has been granted to allow the corporation to purchase and pay the premium under a risk management package in respect of a commodity purchased by Maya. The amendment of the facility agreement is subject To Approve the TSX Venture Exchange.

Maya Gold & Silver to Start Drilling at Zgounder

Maya Gold & Silver Inc. announced the commencement of the 2015 spring drilling program at its Zgounder Silver Mine in Morocco. The objective of the surface drilling program are threefold: Validate widespread mineralization hypothesis across known deposit, explore lateral extension of the deposit to the north and the east, explore extension at depth of the deposit. Assay results from the diamond drilling will be published as they come available.

Maya Gold & Silver Inc. Announces Production Results for the Month of March 2015

Maya Gold & Silver Inc. announced the March 2015 production results at its Zgounder Silver Mine. Given slightly improved weather conditions in March, Zgounder Millenium Silver Mining produced 35,912 ounces of silver ingots. 35,912 ounces of silver ingots produced from a total 4,370 tonnes with an average grade of 307.6 g/t Ag which represents a record since operations resumed under Maya ownership.


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