Kuya Silver Corporation (CSE: KUYA) has announced the grant of an aggregate of 525,000 stock options under its 10% rolling equity incentive plan, effective October 19, 2026. The options are exercisable at C$0.50 per common share and have been allocated to independent directors as annual equity incentives and to an independent strategic advisor as a one-time recognition grant. The announcement highlights the company's ongoing effort to align board and advisor compensation with shareholder interests at its silver-focused operations in Peru and Canada.

Key Points

  • Kuya Silver Corporation (CSE: KUYA | OTCQB: KUYAF | FSE: 6MR1)
  • 525,000 stock options granted effective October 19, 2026, at an exercise price of C$0.50 per common share
  • 475,000 options granted to independent directors (five-year expiry); 50,000 options granted to a strategic advisor (two-year expiry); one-third vesting on grant date, with remaining thirds vesting on the first and second anniversaries
  • Investors may be watching how option uptake reflects insider confidence in Kuya Silver's silver projects in Peru and Canada

Breakdown of Kuya Silver's Option Allocation Between Directors and Advisor

Of the 525,000 options granted, 475,000 have been approved for the company's independent directors as their annual equity incentive, expiring five years from the October 19, 2026 grant date. The remaining 50,000 options were approved for an independent strategic advisor as a one-time grant in recognition of contributions to the company, expiring two years from the grant date. All options are exercisable to acquire one common share each at C$0.50, and are subject to the terms of the plan and applicable option agreements, including provisions for earlier termination.

Vesting Schedule and Share Hold Period Under the Incentive Plan

The options will vest in three equal instalments: one-third on the grant date, one-third on the first anniversary, and one-third on the second anniversary. The release states that any common shares issued upon exercise of the options are subject to a statutory hold period expiring four months and one day from the grant date. These terms are consistent with standard Canadian equity compensation arrangements and are governed by the company's 10% rolling equity incentive plan and the respective option agreements entered into with each recipient.

Kuya Silver's Silver-Focused Operations Provide Context for Incentive Grant

Kuya Silver describes itself as a Canadian-based, growth-oriented mining company focused on silver. The company operates the Bethania silver mine in Peru and is developing district-scale silver projects in Peru and Canada. The stock option grant reflects standard board compensation practice and is designed to retain and incentivise directors and advisors contributing to the company's strategic development. The immediate share price impact of the announcement was not clear from available public information.