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Reyna Silver Corp
Symbol RSLV
Shares Issued 264,416,822
Close 2025-06-27 C$ 0.13
Market Cap C$ 34,374,187
Recent Sedar Documents

Reyna Silver closes $1.1-million private placement

2025-06-27 20:18 ET - News Release

Mr. Jorge Monroy reports

REYNA SILVER ANNOUNCES CLOSING OF CONCURRENT FINANCING

Further to Reyna Silver Corp.'s news releases dated June 23, 2025, and June 24, 2025, the company has closed its non-brokered private placement for gross proceeds of $1.1-million.

As previously stated in the June 23 news release, 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.

Pursuant to the private placement, the company issued 11,578,947 units at a price of 9.5 cents per unit. Each unit comprises one share and one common share purchase warrant. Each purchaser warrant is 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.

The private placement is subject to final acceptance by the TSX Venture Exchange. The securities issued pursuant to the private placement are 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 (CRD), Carlin Gold and Critical Metals 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 Batopilas project, both located in Chihuahua state. The Guigui project covers the interpreted source area for the Santa Eulalia carbonate replacement deposit district and Batopilas covers most of Mexicos historically highest-grade silver system.

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