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.
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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.
