News Release
Maya Gold & Silver Inc. To Trade On TSX Venture Exchange
MAYA GOLD & SILVER INC. ("MYA")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: June 30, 2008
TSX Venture Tier 2 Company
The Company's Initial Public Offering ("IPO") Prospectus dated June 16, 2008 was filed with and accepted by TSX Venture Exchange (the "Exchange") and filed with and receipted by the Alberta, British Columbia and Ontario Securities Commission, and the Autorité des marchés financiers on June 17, 2008, pursuant to the provisions of the Alberta, British Columbia, Ontario and Québec Securities Act. The common shares of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective date stated below.
The Company is classified as a "Mineral Exploration/ Development" company.
Offering: 8,000,000 Units ($2,000,000), each Unit consists of one common share at $0.25 per share and one-half of one warrant, a whole warrant entitling the holder to purchase one common share at $0.35 per share for a period of 12 months from the date of Closing.
Share Price: $0.25
Agent: Desjardins Securities Inc.
Agent's fee: A cash commission equal to 7.5% of the gross proceeds.
Agent's Option: Non-transferable compensation options representing 8% of the number of common shares to be issued under the offering. Each compensation option shall grant the holder thereof the right to acquire one common share at $0.35 per share for a period of 12 months from the date of Closing.
Listing Date: At the close of business (5:01 EST) on June 30, 2008
Commence Date: The common shares will commence trading on TSX Venture Exchange at the opening Wednesday, July 2, 2008, upon confirmation of closing
The closing of the IPO is scheduled to occur before the market opening on July 2, 2008. It is expected that the gross proceeds of the closing will be $2,000,000 (8,000,000 Units). A further notice will be issued upon receipt of closing confirmation.
Corporate jurisdiction: Canada
Capitalization: Unlimited number of common shares with no par value, of which 16,000,001 common shares will be issued and outstanding.
Escrowed Shares: 6,050,001 common shares are escrowed, of which 605,000 common shares are released at the date of this bulletin.
Transfer Agent: Computershare Investor Services Inc. (Montréal & Toronto)
Trading Symbol: MYA
CUSIP Number: 577838 10 5
For further information, please refer to the Company's Prospectus dated June 16, 2008.
Company contact: Réjean Gosselin, President, Chief Executive Officer
Company address: 1, Place Ville Marie, Suite 4000, Montréal, Québec H3B 4M4
Company phone number: (514) 923-8066
Company fax number: (514) 871-8977
E-mail address: rdigger@hotmail.com


