Day: May 3, 2024

Reyna Silver Announces First Tranche Closing for $1.45m & Upsize to Previously Announced Listed Issuer Financing Exemption Private Placement of Units

Reyna Silver Corp. is pleased to announce that, due to investor demand, it has upsized its previously announced non-brokered listed issuer financing exemption (LIFE) private placement. The upsized offering is for up to 10,625,000 units of the Company at a price of $0.16 per Unit for gross proceeds of up to $1,700,000 increased from the previously announced 6,250,000 Units for gross proceeds of up to $1,000,000.

Minera Alamos Provides Update on Cobre 4H and Copper Assets

“While there have been obvious changes in costs since the Los Verdes PEA report was published this has been accompanied by recent strengthening of metal prices. The current environment provides an ideal opportunity to revisit the development of a potential copper production “hub” in southern Sonora where there exist a number of known but undeveloped copper deposits,” stated Darren Koningen, CEO of Minera Alamos.

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