VANCOUVER, BC AND HONG KONG, CHINA – Reyna Silver Corp. has finalized a non-brokered private placement, securing $1.1 million in gross proceeds, the company announced today.
This news follows earlier announcements on June 23 and June 24, 2025, and is tied to an agreement with Torex Gold Resources Inc., where Torex plans to acquire all outstanding common shares of Reyna Silver through a court-approved plan of arrangement. As part of this larger transaction, Torex is investing $1.1 million in Reyna Silver through this private placement.
The placement involved the issuance of 11,578,947 units at a price of $0.095 per unit. Each unit comprises one share and one common share purchase warrant. Each warrant allows the holder to acquire an additional share at $0.13 within a year.
Reyna Silver intends to allocate the capital toward specific payments related to its option agreements in Nevada, supporting its exploration endeavors in the region.
The closing of the private placement is subject to final acceptance by the TSXV exchange, and the issued securities are subject to a four-month hold period.
About Reyna Silver Corp.
Reyna Silver is a junior exploration and development company focused on high-grade silver deposits in North America. Its key projects include the Gryphon Summit Project in Nevada, where it holds an option to acquire a 70% interest, showing potential for multiple types of mineralization. The company is also progressing on the Medicine Springs Project in Nevada, with potential for a significant silver-lead-zinc-copper system. Its Mexican assets, which are 100% owned, include both the Guigui Project and Batopilas Project.
This release contains forward-looking statements that reflect current expectations. Actual results could differ due to various risks and uncertainties.
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