Reyna Silver Completes Third Tranche of Private Placement

Reyna Silver Corp. has announced the completion of the third tranche of its non-brokered private placement, issuing 1,420,000 Units for total proceeds of CAD$ 106,500. Each Unit was priced at CAD$0.075, comprising one common share and one warrant. Warrants are valid for 36 months, allowing the purchase of an additional share at CAD$0.12.

This closing follows two previous ones announced on February 5 and 14, totaling 37,749,899 Units and CAD$2,831,242.43. Insiders subscribed for 15,699,999 Units, falling under "related party transactions" but still exempt from certain regulatory requirements.

Reyna Silver plans to use the funds for exploration and general corporate purposes. The company will also shift its OTC listing from OTCQX to OTCQB on March 3, 2025, retaining the same ticker symbol despite the transition.