The KE Report

Kuya Silver - US$5M Silver Royalty Deal to Accelerate Development at Bethania


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In this KE Report company update, we welcome back David Stein, President and CEO of Kuya Silver, to discuss the company’s recently announced $5 million Letter of Intent (LOI) with the newly launched royalty company, Silver Crown Royalties.

This deal brings in $3 million USD in cash and $2 million in Silver Crown shares, structured around a sliding-scale silver royalty at Kuya's flagship Bethania Silver Project in Peru:

  • Initial 4.5% royalty on 475,000 ounces of silver

  • Reduces to 1% royalty on silver production for the life of mine

  • David explains why this is a strategic, non-dilutive financing that provides significant near-term and long-term value. The cash infusion could accelerate ramp-up plans beyond the current 100 tpd target, support earlier-stage exploration, and strengthen the company’s position in the silver development space.

     

    Key highlights from the interview:

    • No cap on silver upside: Only silver is subject to the royalty, leaving byproduct revenue untouched, and the royalty steps down after initial ounces delivered

    • Operational ramp-up underway: Strong May production points to Q2 improvements, with operational updates to be issued quarterly

    • Exploration upside: Focus remains on expanding known veins at depth from underground drilling, with low-cost/high-impact targets prioritized

    • David also shares why Kuya chose to take an equity stake in Silver Crown, gaining early exposure to a pure-play silver royalty company.

       

      If you have any follow up questions for David please email me at [email protected].

      Click here to visit the Kuya Silver website.

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