Mr. Jorge Ramiro Monroy reports

REYNA SILVER ANNOUNCES PRICING OF CONCURRENT FINANCING

Further to the news release dated June 23, 2025, Reyna Silver Corp. has set the price of the securities offered in connection with the non-brokered private placement disclosed in the June 23 news release.

As previously stated in the June 23 NR, in connection with the definitive agreement with Torex Gold Resources Inc. dated June 22, 2025, pursuant to which Torex agreed to acquire all of the issued and outstanding common shares of Reyna Silver (other than shares held by Torex) by way of a court-approved plan of arrangement, Torex agreed to purchase units of Reyna Silver for a total investment of $1.1-million pursuant to the private placement.

The price of each unit to be issued under the private placement has been set at 9.5 cents, and, as previously announced, each unit will be composed of one share and one common share purchase warrant. Each purchaser warrant will be exercisable to acquire one share at an exercise price of 13 cents per purchaser warrant for a period of one year.

Reyna Silver has agreed to use the proceeds of the private placement to make certain payments relating to its option agreements in Nevada.

Closing of the private placement is subject to approval of the TSX Venture Exchange and is expected to close the business day following receipt of such approval. The securities issued pursuant to the private placement will be subject to a statutory four-month hold period.

About Reyna Silver Corp.

Reyna Silver is a growth-oriented junior exploration and development company. Reyna Silver focuses on exploring for high-grade, district-scale silver deposits in Mexico and the United States. In Nevada, United States, Reyna Silver has entered into an option to acquire 70 per cent of the 12,058-hectare Gryphon Summit project. The Gryphon project shows features indicating uniquely superimposed/overprinted silver-lead-zinc-copper carbonate replacement deposit Carlin gold and critical metal mineralization. Also in Nevada, Reyna Silver is advancing its option to acquire 100 per cent of the Medicine Springs project where Reyna Silver is exploring a potentially significant silver-lead-zinc-copper CRD-skarn-porphyry system. Reyna Silver's Mexican assets are 100 per cent owned and include the Guigui project and the Batopilas project, both located in the Chihuahua state. The Guigui project covers the interpreted source area for the Santa Eulalia carbonate replacement deposit district, and Batopilas covers most of Mexico's historically highest-grade silver system.

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