Reyna Silver Corp. Launches CAD$3 Million Private Placement

Reyna Silver Corp. has announced a non-brokered private placement to raise up to CAD$3 million. The offering includes 40 million units at CAD$0.075 per unit. Each unit consists of one common share and one warrant. The warrant allows holders to acquire an additional share at CAD$0.12 within 36 months. The funds will support exploration and development projects.

CEO Jorge Ramiro Monroy emphasized the importance of this financing for expanding exploration targets, especially in Mexico's Batopilas project. The placement is expected to close in multiple tranches, with the first closing around February 14, 2025, subject to regulatory approvals.

Insiders may participate, aligning with Multilateral Instrument 61-101. Proceeds will aid property development and corporate purposes. The securities will not be offered in the U.S.