Reyna Gold Corp. (TSE:REYG) has released an update.
Reyna Gold Corp. has announced a definitive agreement with Reyna Silver Corp. to acquire all outstanding shares of Reyna Gold, creating a leading exploration company. The deal offers a 48% premium to Reyna Gold shareholders and consolidates the companies’ assets, promising a more liquid, larger-scale entity with better access to capital and reduced administrative costs.
For further insights into TSE:REYG stock, check out TipRanks’ Stock Analysis page.