Reyna Silver Corp’s Strategic Acquisition by Torex Gold

In a significant development within the materials sector, Reyna Silver Corp, a Toronto-based company specializing in precious metal exploration, has announced its acquisition by Torex Gold Resources Inc. This strategic move, finalized on June 22, 2025, marks a pivotal moment for both entities, promising to reshape their operational landscapes and market presence.

Reyna Silver, known for its focus on silver exploration within Canada, has been a notable player in the TSX Venture Exchange. Despite facing financial challenges, as evidenced by its negative price-to-earnings ratio of -1.86 and a market capitalization of CAD 23.8 million, the company has maintained its commitment to exploring valuable mineral fields. The acquisition comes at a time when Reyna Silver’s share price has seen fluctuations, with a 52-week high of CAD 0.185 and a low of CAD 0.055, closing at CAD 0.085 on June 19, 2025.

The acquisition agreement, detailed in a definitive arrangement known as the “Arrangement Agreement,” outlines Torex Gold’s commitment to acquiring all outstanding shares of Reyna Silver, excluding those already held by Torex, for a cash consideration of CAD 0.13 per share. This transaction, valued at approximately US$26 million or CAD 36 million, is set to be executed through a court-approved plan of arrangement.

Jody Kuzenko, President and CEO of Torex Gold, expressed enthusiasm about the acquisition, highlighting the strategic benefits of gaining direct access to Reyna Silver’s portfolio of prospective exploration properties. These assets, located within established mining regions in Mexico and Nevada, are poised to enhance Torex Gold’s exploration capabilities and expand its operational footprint.

The acquisition is not just a financial transaction but a strategic alignment that leverages Reyna Silver’s expertise in silver exploration with Torex Gold’s resources and market reach. This move is expected to create synergies that will drive growth and value for both companies’ stakeholders.

As the transaction progresses, both Reyna Silver and Torex Gold are optimistic about the future, anticipating that this partnership will unlock new opportunities and strengthen their positions in the competitive materials sector. The acquisition underscores the dynamic nature of the mining industry, where strategic mergers and acquisitions continue to play a crucial role in shaping the landscape.

For more detailed information on the acquisition and its implications, stakeholders are encouraged to visit the official websites of Reyna Silver and Torex Gold.