Kuya Silver Appoints Sheila Magallon as Chief Financial Officer

Rhea-AI Summary

Kuya Silver Corporation (OTCQB:KUYAF) has appointed Sheila Magallon as its new Chief Financial Officer, effective immediately. Magallon, a Chartered Professional Accountant with over 20 years of mining industry experience, succeeds Stephen Peters, who will remain as a consultant in the finance team.

Magallon brings extensive expertise in financial reporting, internal controls, and treasury management, with significant experience working with Canadian mining companies operating in Latin America and Europe. She previously served as CFO at ATEX Resources and VP of Finance at GCM Mining, where she was instrumental in the company's merger with Aris Mining.

Positive

• Appointment of highly experienced CFO with over 20 years of mining industry expertise
• New CFO brings significant international operations experience, particularly in Latin America
• Previous CFO remains as consultant, ensuring smooth transition

Negative

• None.

News Market Reaction

-1.24%

1 alert

-1.24% News Effect

On the day this news was published, KUYAF declined 1.24%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) ("Kuya" or the "Company") is pleased to announce the appointment of Ms. Sheila Magallon as Chief Financial Officer effective immediately. Ms. Magallon succeeds Mr. Stephen Peters whom the Company thanks for his contributions. Mr. Peters will remain with Kuya's finance team in a consultancy role.

Ms. Magallon is a seasoned Chartered Professional Accountant with over 20 years of experience in the mining industry. She brings a solid foundation in financial reporting, internal controls, strategic planning, treasury management, and change management. Her career has been marked by a consistent track record of optimizing operations for Canadian mining companies with projects across Latin America and Europe, including Chile, Mexico, Colombia, Brazil, and Spain.

Most recently, Ms. Magallon served as CFO and Corporate Secretary of ATEX Resources. Prior to that, she was Vice President of Finance at GCM Mining, where she played a pivotal role in the company's merger with Aris Mining. She has also held senior finance roles at Detour Gold, Torex Gold Resources, Primero Mining, and Largo Resources.

"We are excited to welcome Sheila to the Kuya leadership team," said Mr. David Stein, President and CEO of Kuya. "Her depth of experience with Canadian public mining companies with international operations, especially in Latin America, and her proven ability to support growth will be invaluable to the Company as we advance our strategic plan to build the next high-margin silver producer."

About Kuya Silver Corporation

Kuya is a Canadian‐based, growth-oriented mining company with a focus on silver. Kuya operates the Bethania silver mine in Peru, while developing district-scale silver projects in mining-friendly jurisdictions including Peru and Canada.

For further information, please contact:
David Stein
President and CEO
info@kuyasilver.com
www.kuyasilver.com

Reader Advisory

This news release contains statements that constitute "forward-looking information," including statements regarding the plans, intentions, beliefs, and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "must," "next," "propose," "new," "potential," "prospective," "target," "future," "verge," "favorable," "implications," and "ongoing," and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Investors are cautioned that statements including forward-looking information are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those described in the forward-looking information as a result of various factors, including but not limited to fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing, and general economic, market, and business conditions. There can be no assurances that such forward-looking information will prove accurate, and therefore, readers are advised to rely on their own evaluation of the risks and uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257500

FAQ

Who is the new CFO of Kuya Silver (KUYAF)?

Sheila Magallon has been appointed as the new Chief Financial Officer of Kuya Silver, effective July 2, 2025.

What experience does Sheila Magallon bring to Kuya Silver (KUYAF)?

Sheila Magallon brings over 20 years of mining industry experience as a Chartered Professional Accountant, with expertise in financial reporting, internal controls, and treasury management. She previously served as CFO of ATEX Resources and VP of Finance at GCM Mining.

Who did Sheila Magallon replace as CFO at Kuya Silver?

Sheila Magallon replaced Stephen Peters, who will remain with Kuya's finance team in a consultancy role.

What are Kuya Silver's strategic plans according to the announcement?

According to CEO David Stein, Kuya Silver's strategic plan is to build the next high-margin silver producer, and Magallon's experience will be valuable in advancing this goal.