Reyna Silver ( (TSE:RSLV) ) has shared an announcement.
Reyna Silver Corp. has successfully completed the third tranche of its non-brokered private placement offering, issuing 1,420,000 units for CAD$106,500. This brings the total proceeds from the offering to CAD$2,831,242.43, with a significant portion subscribed by insiders, constituting related party transactions. The offering, conducted under prospectus exemptions, includes a cash finder’s fee and the issuance of finder warrants, with securities subject to a hold period until June 29, 2025. The completion of this offering strengthens Reyna Silver’s financial position, enabling further exploration and development activities in its silver projects.
More about Reyna Silver
Reyna Silver Corp. operates in the mining industry, focusing on the exploration and development of silver projects. The company is primarily engaged in identifying and advancing high-grade silver deposits, with a market focus on leveraging its expertise in silver exploration to create value for stakeholders.
YTD Price Performance: -31.43%
Average Trading Volume: 200,570
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.57M
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