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Reyna Silver Announces Filing and Mailing of the Management Information Circular for Its Special Meeting of Securityholders to Approve the Acquisition by Torex Gold
VANCOUVER, BC and HONG KONG, CHINA / ACCESS Newswire / July 21, 2025 / Reyna Silver Corp ....
About this update from Reyna Silver
[{"type":"text","content":"Reyna Silver Announces Filing and Mailing of the Management Information Circular for Its Special Meeting of Securityholders to Approve the Acquisition by Torex GoldVANCOUVER, BC and HONG KONG, CHINA / ACCESS Newswire / July 21, 2025 / Reyna Silver Corp. (\"Reyna Silver\" or the \"Company\")(TSXV:RSLV)(OTCQB:RSNVF)(FRA:4ZC) is pleased to announce its management information circular (the \"Circular\") and related materials for its special meeting (the \"Meeting\") of securityholders of the Company (the \"Securityholders\"), is now available under Reyna Silver's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at https://reynasilver.com/shareholders-meeting. The mailing of the Circular and related materials for the Meeting, to Securityholders, has also commenced.The Meeting will be held on August 11, 2025 at 10:00 a.m. (Vancouver time) at the office of DuMoulin Black LLP on the 15th Floor of 1111 West Hastings Street, Vancouver, British Columbia, Canada.At the Meeting, Securityholders will be asked to consider and vote upon a resolution (the \"Arrangement Resolution\") to approve the proposed statutory plan of arrangement (the \"Transaction\") with Torex Gold Resources Inc. (\"Torex\") (TSX: TXG) pursuant to which Torex will acquire all of the issued and outstanding common shares (\"Shares\") of Reyna Silver (other than Shares held by Torex and those Shares held by shareholders of the Company who validly exercised their dissent rights) for cash consideration of CDN$0.13 per Share (the \"Consideration\"). Pursuant to the Transaction, each option of the Company outstanding immediately prior to closing of the Transaction (the \"Effective Time\") shall automatically vest and be assigned to the Company and immediately cancelled in exchange for a cash payment equal to the excess, if any, by which the Consideration exceeds the exercise price of such option. In addition, each restricted share unit of the Company outstanding immediately prior to the Effective Time shall automatically vest and be assigned to the Company in exchange for a cash payment equal to the Consideration and each warrant of the Company outstanding immediately prior to the Effective Time shall be assigned to the Company in exchange for a cash payment equal to the excess, if any, by which the Consideration exceeds the in-the-money amount of such warrant...