Reyna Silver announces filing of information circular for special meeting

Reyna Silver announced its management information circular and related materials for its special meeting of securityholders of the Company, is now available under Reyna Silver’s profile on SEDAR+ and on the Company’s website. The mailing of the Circular and related materials for the Meeting, to Securityholders, has also commenced. The Meeting will be held on August 11, 2025 at 10:00 a.m. At the Meeting, Securityholders will be asked to consider and vote upon a resolution to approve the proposed statutory plan of arrangement with Torex Gold Resources (TORXF) pursuant to which Torex will acquire all of the issued and outstanding common shares of Reyna Silver for cash consideration of C$0.13 per Share. Pursuant to the Transaction, each option of the Company outstanding immediately prior to closing of the Transaction shall automatically vest and be assigned to the Company and immediately cancelled in exchange for a cash payment equal to the excess, if any, by which the Consideration exceeds the exercise price of such option. In addition, each restricted share unit of the Company outstanding immediately prior to the Effective Time shall automatically vest and be assigned to the Company in exchange for a cash payment equal to the Consideration and each warrant of the Company outstanding immediately prior to the Effective Time shall be assigned to the Company in exchange for a cash payment equal to the excess, if any, by which the Consideration exceeds the in-the-money amount of such warrant. The board of directors of the Company unanimously recommends that Securityholders vote FOR the Arrangement Resolution.