11:07 AM EDT, 06/11/2025 (MT Newswires) -- Aya Gold & Silver ( AYASF ) was last seen down 8% after the company on Wednesday upsized a bought-deal share offering to $125 million from $100 million.

The company said underwriters agreed to buy 9.4-million shares priced at at $13.35 apiece, on a bought-deal basis. The offering is scheduled to close on or about June 19.

Aya intends to use proceeds for its exploration program at its Morocco properties and for working capital and general corporate purposes.

Shares of the company were last seen down $1.20 to $13.32 on the Toronto Stock Exchange.

Price: 13.34, Change: -1.18, Percent Change: -8.13