### Reyna Silver's Strategic Move: $1.1M Financing Amidst Torex Gold Acquisition Reyna Silver Corp has successfully closed a critical private placement, raising **$1.1 million** through a unit offering priced at **$0.095** per unit, with warrants set at **$0.13**. This funding is strategically earmarked for advancing mining options in Nevada, coinciding with the company's acquisition by Torex Gold Resources, which is valued at **$26 million**. The acquisition is expected to enhance Torex's portfolio with promising exploration projects in established mining regions in Mexico and Nevada, marking a significant step in the silver mining sector [https://www.stocktitan.net/news/RSNVF/reyna-silver-announces-closing-of-concurrent-fo3m28hxhxxe.html][https://seekingalpha.com/news/4461727-reyna-silver-prices-11m-financing-from-torex-gold]. ### Breakdown of the Acquisition and Financing Structure 1. **Acquisition Details**: - Torex Gold is acquiring Reyna Silver for **C$36 million** (approximately **$26 million**), which includes cash consideration for all outstanding common shares, excluding those held by Torex [https://www.mining-technology.com/news/torex-gold-resources-acquire-reyna-silver]. 2. **Private Placement Financing**: - Reyna Silver's private placement raised **$1.1 million** at a unit price of **$0.095**, with warrants priced at **$0.13**. This financing is intended to support Reyna's operations in Nevada [https://www.stocktitan.net/news/RSNVF/reyna-silver-announces-pricing-of-concurrent-bksarn1tgy6y.html]. 3. **Strategic Implications**: - The acquisition provides Torex Gold with direct access to Reyna's exploration properties, enhancing its operational footprint in key mining regions [https://www.wallstreet-online.de/nachricht/19496891-torex-gold-announces-acquisition-of-reyna-silver/2]. ### Supporting Evidence and Data - **Financial Metrics**: - **Total Acquisition Value**: C$36 million (~$26 million) [https://www.finanznachrichten.de/nachrichten-2025-06/65726139-torex-gold-resources-inc-torex-gold-announces-acquisition-of-reyna-silver-296.htm]. - **Private Placement Amount**: $1.1 million raised at $0.095 per unit with $0.13 warrants [https://seekingalpha.com/news/4461972-reyna-silver-prices-11m-financing-from-torex-gold]. - **Market Context**: - The acquisition is notable as it is a cash transaction, which is relatively rare in the mining sector, indicating a strong belief in Reyna's potential [https://thedeepdive.ca/torex-gold-to-acquire-reyna-silver-for-us26-million-in-cash]. ### Conclusion: A Strategic Acquisition with Promising Prospects In summary, **Torex Gold's acquisition of Reyna Silver** represents a significant strategic move in the mining sector, bolstered by a **$1.1 million** private placement aimed at enhancing Reyna's operational capabilities in Nevada. The deal not only expands Torex's portfolio but also positions both companies for future growth in established mining regions. 1. **Acquisition Value**: C$36 million (~$26 million) for Reyna Silver. 2. **Private Placement**: $1.1 million raised to support Nevada operations. 3. **Strategic Growth**: Enhanced portfolio for Torex Gold with promising exploration projects. This acquisition is expected to close in **August 2025**, marking a pivotal moment for both companies involved [https://www.stocktitan.net/news/RSNVF/reyna-silver-announces-acquisition-by-torex-gold-and-concurrent-xo96rgr7b41h.html].