REYNA SILVER CORP - RSNVF STOCK NEWS

Reyna Silver Corp. has announced the appointment of Carmen Amezquita to its Board of Directors as part of its commitment to enhancing company diversity. Amezquita, a Chartered Professional Accountant with over 15 years in the resource sector, brings valuable financial reporting expertise from her roles as CFO for several public mining companies. Her background is expected to complement the existing board's expertise in technical, legal, and capital markets, strengthening Reyna's leadership.

Reyna Silver Corp has signed a Definitive Agreement to acquire a 100% interest in the Medicine Springs Project in Nevada from Northern Lights Resources Corp. This acquisition, which involves a cash payment of USD 100,000, issuance of 6 million shares, and a 1% Net Smelter Returns royalty, eliminates previous obligations tied to an 80% interest option. CEO Jorge Ramiro Monroy highlighted the project's potential and confirmed ongoing drilling efforts. The transaction is pending TSX Venture Exchange approval.

Reyna Silver Corp. announced a weather-related pause in its Phase 1 Drilling Program at the Medicine Springs Project in Elko County, Nevada. The company has drilled 1,850 meters across four holes, marking the first drilling in the Silver Butte and Silver King areas. Assay results are pending and expected to be released in early 2023. The project aims to explore Carbonate Replacement Deposits, focusing on stratigraphy, structure, oxidation depth, and geophysics. Reyna expects to resume drilling in the spring.

Reyna Silver Corp (OTCQB:RSNVF) announced significant findings from its 2021-2022 sampling program in the Batopilas District, Mexico, known for high-grade silver. The program revealed over 1,450 samples, with more than 10% showing gold values between 1.1 and 32.6 g/t, and 6% presenting silver levels ranging from 199 to 14,170 g/t. New gold and silver zones were identified, extending existing veins by 300 to 1200m. The findings point to at least three separate mineralization stages, underscoring exploration potential in this historic area.

Reyna Silver Corp. has received drilling permits and is mobilizing for its initial 4,000m Phase 1 drilling program at the Medicine Springs Project in Nevada. The property covers 4,831 hectares and poses the potential for high-grade mineralization. Initial drilling will explore key parameters of the Carbonate Replacement Deposit (CRD) system, which shows strong indicators of being a significant discovery. The company is excited to evaluate previously unrecognized features of the CRD that may lead to valuable mineralization.

Reyna Silver Corp has successfully closed its upsized private placement, raising C$5,000,000 through the sale of 13,888,889 units at C$0.36 each. The offering exceeded its initial target of C$3,000,000 and included the full exercise of the agent's over-allotment option. The funds will be used primarily for exploration activities in the Guigui and Batopilas properties located in Chihuahua, Mexico. Each unit consists of one common share and one half warrant, exercisable at C$0.50 until June 2024.

Reyna Silver Corp has announced the expansion of its private placement offering from C$3 million to C$4 million due to strong investor interest. The offering will consist of up to 11,111,111 units priced at C$0.36 each, with each unit including a common share and a warrant exercisable at C$0.50. The net proceeds will be utilized for exploration of the Guigui and Batopilas properties in Chihuahua, Mexico, along with corporate expenses. The expected closing date is around June 21, 2022.

Reyna Silver Corp has announced a brokered private placement with Red Cloud Securities Inc. to raise up to C$3,000,000. The offering includes 8,333,333 units priced at C$0.36 each, with each unit comprising one common share and half a warrant. Investors have the option to purchase additional units, potentially increasing total proceeds to C$4,000,000. Proceeds will fund exploration activities for properties in Mexico and USA. The offering closes on or around June 21, 2022, subject to regulatory approvals.

Reyna Silver Corp. has launched its 2022 exploration program at the Medicine Springs Project in Nevada, covering 4,831 hectares. The company holds an 80% Earn-In from Northern Lights Resources. The program includes refining drilling targets using historical data and Jasperoid sampling that revealed over 1,000 g/t silver in two samples. Future plans involve 5,000-7,000 meters of drilling in H2 2022. Reyna's CEO emphasizes the potential of Medicine Springs as a key asset. The project exhibits signs of a significant Carbonate Replacement Deposit system, supported by extensive geological and geochemical data.