Reyna Gold Corp. Acquisition by Reyna Silver Corp.

October 30, 2024

VANCOUVER, BC AND HONG KONG / ACCESSWIRE

Reyna Gold Corp. (TSXV:REYG)(OTCQB:REYFG) and Reyna Silver Corp. (TSXV:RSLV)(OTCQB:RSNVF)(FRA:4ZC) are pleased to announce the successful completion of the previously announced acquisition of all of the issued and outstanding common shares of Reyna Gold (the “REYG Shares”) by Reyna Silver pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the “Transaction”).

“We are delighted to welcome the Reyna Gold shareholders to Reyna Silver,” said Jorge Ramiro Monroy, CEO of Reyna Silver.

With this acquisition, Reyna Silver now has a stronger foothold in the mining industry and is poised for further growth and success in the future.

This strategic move will allow Reyna Silver to expand its operations and portfolio, bringing more value to its shareholders and stakeholders.

How Will This Acquisition Affect Me?

As a shareholder of Reyna Gold, you will now be a part of Reyna Silver, a larger and more diversified company in the mining sector. This could potentially lead to increased value for your investment and more opportunities for growth and development.

How Will This Acquisition Affect the World?

This acquisition could have a ripple effect on the mining industry as a whole, as it signifies consolidation and expansion within the sector. With Reyna Silver’s increased resources and capabilities, they may be able to take on larger projects and contribute to the overall growth and development of the industry.

Conclusion

The acquisition of Reyna Gold Corp. by Reyna Silver Corp. marks an important milestone for both companies and the mining industry. With increased resources and potential for growth, Reyna Silver is set to make waves in the sector and create value for its shareholders and the world at large.