Plan of arrangement

Pursuant to special resolutions passed by the shareholders of Reyna Gold Corp. on Oct. 8, 2024, Reyna Gold has completed a plan of arrangement under Section 288 of the Business Corporations Act (British Columbia). The plan of arrangement was completed on Oct. 30, 2024, and has resulted in Reyna Silver Corp. acquiring all of the issued and outstanding common shares of Reyna Gold for consideration consisting of one common share of Reyna Silver for every three common shares of Reyna Gold acquired.

For additional information, please refer to the information circular of Reyna Gold dated Sept. 6, 2024, and news releases dated Aug. 7, 2024, Oct. 11, 2024, and Oct. 30, 2024, available on the companies' profiles on SEDAR+.

Postarrangement capitalization of Reyna Silver

Capitalization:  unlimited common shares with no par value, of which 222,371,274 common shares are issued and outstanding

Transfer agent:  TSX Trust Company

Trading symbol:  RSLV (unchanged)

Cusip No.:  76170Q 10 6 (unchanged)

Remain halted, delist

Effective at 1:18 p.m. PST on Oct. 30, 2024, trading in the shares of Reyna Gold has been halted at the request of Reyna Gold, pending news. Trading in the shares of Reyna Gold will remain halted while Reyna Gold remains listed on the TSX Venture Exchange.

As a result of the completion of the plan of arrangement, effective at the close of business on Friday, Nov. 1, 2024, the common shares of Reyna Gold will be delisted from the TSX Venture Exchange.