Reyna announces grant of stock options and stock-based compensation


December 17, 2021 3:11 PM EST


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VANCOUVER, BC and HONG KONG / ACCESSWIRE / December 17, 2021 / Vancouver and Hong Kong. Reyna Silver Corp. (TSXV: RSLV) (OTCQX: RSNVF) (FSE: 4ZC) (“Reyna“or the”Society“) announces the granting of incentive stock options to purchase a total of 1,600,000 common shares to the directors and executive officers of the Company, in accordance with the terms of the stock option plan purchase of shares of the Company Each option may be exercised at $ 0.71 per share and expires five years from the date of grant.

Reyna also informs that it has filed an application with the TSX Venture Exchange for approval of the issuance of $ 299,000 of its common shares for partial annual compensation to five directors and officers of the Company. Stock compensation will be based on the thirty-day VWAP at the close of December 17, 2021 of $ 0.77 per share. The allocation of shares will be equivalent to 388,311 shares.

On behalf of the board of directors of Reyna Silver Corp.
Jorge Ramiro Monroy
Chief executive officer

About Reyna Silver Corp.

Reyna Silver Corp. is a silver exploration company with a strong portfolio of silver assets in Mexico and the United States. The company was built around the Guigui and Batopilas projects, which were part of MAG Silver’s initial IPO portfolio. He is also actively exploring the Medicine Springs Project in Nevada, another CRD target, and the La Reyna Project in Chihuahua, an epithermal vein project in the historic Cusihuriache district. high-quality district-wide discoveries.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact: [email protected]

THE SOURCE: Reyna Silver Corp.

See the source version on accesswire.com:
https://www.accesswire.com/678313/Reyna-Announces-Grant-of-Stock-Options-and-Share-Based-Compensation


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