On March 13, 2024, Reyna Silver Corp. closed the transaction. The company issued 83,333 Units at an issue price of CAD 0.12 for gross proceeds of CAD 10,000 under second and final tranche.

On April 15, 2024, the company announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. As a part of the transaction, the company paid CAD 271,227.72 cash and 2,245,538 warrants as finder fee. The transaction included participation from 117 placees and 6 insiders for a total of 1,633,333 units. The company has raised a total of 38,333,334 units in the transaction. The company has raised CAD 926,933.17 ($685,189) from 28 investors pursuant to regulation D.