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.
The RSNVF news page on Stock Titan provides an organized view of historical news releases and corporate announcements for Reyna Silver Corp., a junior silver exploration and development company that focused on high-grade, district-scale silver projects in Mexico and the United States. These news items document the company’s exploration activities, financing transactions and corporate developments leading up to its acquisition by Torex Gold Resources Inc..
Reyna Silver’s releases describe option agreements and exploration plans for the Gryphon Summit Project and the Medicine Springs Project in Nevada, as well as its 100%-owned Guigui and Batopilas projects in Chihuahua State, Mexico. Other announcements cover non-brokered private placements of units, warrant terms, use of proceeds for exploration and option payments, and related-party participation in financings.
A significant portion of the RSNVF news flow relates to the plan of arrangement with Torex Gold, including the signing of the arrangement agreement, details of the concurrent financing, mailing of the management information circular, securityholder approval of the transaction, receipt of the final court order, and the closing of the acquisition. These items also outline the expected delisting of Reyna Silver’s shares from the TSX Venture Exchange and the OTCQB and the company’s intention to cease being a reporting issuer.
Investors and researchers can use this news archive to trace how Reyna Silver advanced its silver-focused exploration portfolio, structured its financings, and ultimately agreed to be acquired by Torex Gold. Bookmark this page to quickly reference the sequence of public announcements that define RSNVF’s history as a junior silver exploration company.
Reyna Silver Corp has successfully closed its upsized private placement, raising C$5,000,000 through the sale of 13,888,889 units at C$0.36 each. The offering exceeded its initial target of C$3,000,000 and included the full exercise of the agent's over-allotment option. The funds will be used primarily for exploration activities in the Guigui and Batopilas properties located in Chihuahua, Mexico. Each unit consists of one common share and one half warrant, exercisable at C$0.50 until June 2024.
Reyna Silver Corp has announced the expansion of its private placement offering from C$3 million to C$4 million due to strong investor interest. The offering will consist of up to 11,111,111 units priced at C$0.36 each, with each unit including a common share and a warrant exercisable at C$0.50. The net proceeds will be utilized for exploration of the Guigui and Batopilas properties in Chihuahua, Mexico, along with corporate expenses. The expected closing date is around June 21, 2022.
Reyna Silver Corp has announced a brokered private placement with Red Cloud Securities Inc. to raise up to C$3,000,000. The offering includes 8,333,333 units priced at C$0.36 each, with each unit comprising one common share and half a warrant. Investors have the option to purchase additional units, potentially increasing total proceeds to C$4,000,000. Proceeds will fund exploration activities for properties in Mexico and USA. The offering closes on or around June 21, 2022, subject to regulatory approvals.
Reyna Silver Corp. has launched its 2022 exploration program at the Medicine Springs Project in Nevada, covering 4,831 hectares. The company holds an 80% Earn-In from Northern Lights Resources. The program includes refining drilling targets using historical data and Jasperoid sampling that revealed over 1,000 g/t silver in two samples. Future plans involve 5,000-7,000 meters of drilling in H2 2022. Reyna's CEO emphasizes the potential of Medicine Springs as a key asset. The project exhibits signs of a significant Carbonate Replacement Deposit system, supported by extensive geological and geochemical data.
Reyna Silver Corp. reported positive drilling results from its Batopilas Project in Mexico, with 19 holes totaling 7,964 meters drilled in the Stage 1 program. The highlight includes the emergence of a high-grade gold zone in the northeastern section, particularly Hole BA21-42A, which showed significant gold values. The results enhance exploration potential for both gold and silver, prompting immediate further studies. The company also confirmed higher grades of visible gold through reanalysis, bolstering confidence in its findings.
Reyna Silver Corp. reports results from its 8,000 m Phase 2 drilling program at the Guigui Project in Mexico's Santa Eulalia Silver District. The program confirmed a mineralized skarn footprint exceeding 0.5 km², with significant silver and zinc grades detected. Notable results include Hole GG21-31, which intersected 34.5 m of mineralized skarn at 130 g/t Ag. The drilling program aims to identify potential massive replacement mineralization and follows up on previous discoveries. Reyna plans to launch a fully-financed Phase 3 drilling campaign to explore these targets further.
Reyna Silver Corp. (OTCQX: RSNVF) has announced promising results from its selective jasperoid sampling program at the Medicine Springs Project, covering 4,831 hectares in Nevada. The program indicates a classic CRD Silver-Lead-Zinc-Copper zonation, with results showing high-grade silver values up to 1,000 g/t Ag. A total of 657 samples were collected, with 37 samples exceeding 66 g/t silver. The findings suggest a well-defined area for future drilling, expected to start in 2022, enhancing the company’s portfolio alongside its Guigui and Batopilas projects.
Reyna Silver Corp. has announced the grant of 1,600,000 stock options to directors and executive officers, exercisable at $0.71 per share for five years. Additionally, the company has applied for TSX Venture Exchange approval to issue $299,000 worth of common shares as partial compensation to directors and officers, totaling 388,311 shares based on a thirty-day VWAP of $0.77 as of December 17, 2021. Reyna focuses on silver exploration with projects in Mexico and the US.
Reyna Silver Corp. has announced initial results from its Phase 1 drilling program at the Guigui Project in Mexico, consisting of 13 holes that targeted the source of the Santa Eulalia Carbonate Replacement Deposit (CRD). Significant findings include a 54.90 m skarn zone in Hole GG21-28, featuring high-grade silver (up to 523 g/t) and notable mineralization of zinc and copper. The company plans a fully funded 8,000 m follow-up Phase 2 program, aiming to identify further mineralization trends. CEO Jorge Ramiro Monroy expressed optimism about the project's potential.
Reyna Silver Corp. has upgraded to trade on the OTCQX Best Market under the symbol RSNVF as of June 23, 2021. This transition from the OTCQB Venture Market highlights Reyna's compliance with high financial standards and corporate governance expectations. U.S. investors can access real-time quotes and financial disclosures on OTC Markets. Reyna Silver focuses on silver exploration, boasting significant projects in Mexico and the USA, strategically aimed at high-grade discoveries.