Torex Gold Resources to acquire Reyna Silver for $26m
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2025
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Source: Yahoo Finance
Torex Gold Resources Acquisition: Torex Gold Resources has reached a definitive agreement to acquire Reyna Silver for C$36 million ($26 million) at C$0.13 per share, pending approval from Reyna's shareholders and regulatory bodies.
Investment and Project Development: Concurrently, Torex will make a non-brokered private placement investment of $1.1 million in Reyna Silver, aimed at advancing their exploration projects in Mexico and Nevada, while ensuring the necessary capital and expertise for further development.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
