Welcome to our dedicated page for Reyna Silver news (Ticker: RSNVF), a resource for investors and traders seeking the latest updates and insights on Reyna Silver stock.
Reyna Silver Corp (RSNVF) is a mineral exploration company focused on discovering high-grade silver deposits through advanced geological methods in Nevada and Mexico. This page serves as the definitive source for official company announcements and third-party analysis of its CRD and Carlin-type exploration programs.
Investors and industry observers will find timely updates including drilling results, resource estimates, financial reports, and partnership developments. Our curated collection provides:
• Press releases detailing exploration milestones at key projects like Gryphon Summit and Batopilas
• Financial disclosures including capital raises and expenditure reports
• Technical updates on CRD mineralization targets and geophysical survey results
• Strategic developments such as joint ventures and property acquisitions
Bookmark this page to monitor Reyna Silver's progress in delineating district-scale silver systems through systematic exploration and data-driven target generation.
Reyna Silver Corp. (TSXV:RSLV)(OTCQX:RSNVF) has entered into an Option Agreement with Minquest to acquire the Mineral Hill Project in Eureka County, Nevada. This acquisition includes 8 patented claims and 20 unpatented claims within the company's larger Gryphon Project. Mineral Hill was a significant historic Ag-Pb-Zn CRD producer, with average silver grades of 140 oz/ton (3,968 g/t) in its prime during the 1870s.
The agreement allows Reyna Silver to earn 100% ownership of Mineral Hill by incurring US$1,550,000 in exploration expenditures and making US$1,810,000 in cash payments to Minquest by July 31, 2030. Upon exercising the option, Reyna Silver will grant Minquest a 2.5% NSR royalty, with an option to repurchase 1.25% for US$2,500,000.
Reyna Silver is also preparing to start its 2024 drill program at the Gryphon Project, building on historic work and new geological interpretations.
Reyna Silver has expanded its leadership team by appointing Lauren Megaw as VP of Corporate Development and Bethany Terracina as VP of Investor Relations. Previously, Megaw held the role of Head of Investor Relations while Terracina served as an Investor Relations and Communications Associate. CEO Jorge Ramiro Monroy praised both for their contributions and readiness for these senior roles.
Megaw, with a Geology degree from Stanford, joined Reyna Silver in 2021 and has been involved in multiple projects in Mexico and the USA. Terracina, with experience at Canaccord Genuity and New Pacific Metals Corp., brings a strong background in marketing and investor relations.
The company also announced the grant of 2,950,000 restricted share units (RSUs) to board members and stock options totaling 1,300,000 to the CEO, CFO, Megaw, and Terracina. This move aims to incentivize and retain key personnel. Stock options have an exercise price of $0.135 and various vesting periods.
Reyna Silver Corp. announced the upsizing of its LIFE private placement to 11,066,250 units at $0.16 per unit, raising gross proceeds of $1,770,600. The company closed the offering, issuing 1,987,500 units for $318,000. The funds will support exploration projects and general corporate purposes.
Reyna Silver Corp. has announced an upsized non-brokered listed issuer financing exemption (LIFE) private placement, offering up to 10,625,000 units at $0.16 per unit for gross proceeds of $1,700,000. The first closing raised $1,452,600. The company plans to use the proceeds for exploration projects and general corporate purposes.
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