Reyna Silver Announces Further Upsize to Previously Announced Bought Deal Financing

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VANCOUVER, British Columbia and HONG KONG, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Reyna Silver Corp. (TSXV: RSLV; OTCQB: RSNVF; FRA: 4ZC) (“Reyna” or the "Company") is pleased to announce that, in connection with its previously announced “bought deal” private placement of units, the Company has entered into an amended agreement with Eight Capital, as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Corporation has increased the size of the private placement to 21,668,000 units of the Company (the "Units"), at a price of C$0.30 per Unit (the "Issue Price"), for aggregate gross proceeds of C$6,500,400 (the “Upsized Offering”).