Regulus Announces Intention to Extend Warrants
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE U.S.
NEWS RELEASE
REGULUS ANNOUNCES INTENTION TO EXTEND WARRANTS
December 10, 2019, (Vancouver, BC) – Regulus Resources (“Regulus” or the “Company”) (TSX-V: REG)
proposes to extend the expiry date of 4,217,452 common share purchase warrants (the “Warrants”) that were issued
pursuant to a private placement which closed on July 27, 2016. The Warrants are exercisable into common shares of
the Company at an exercise price of $1.60 per common share. The Company will seek acceptance from the TSX
Venture Exchange (the “Exchange”) to extend the term of the Warrants for an additional year to January 27, 2021.
All other terms of the Warrants will remain the same.
The proposed amendment to extend the expiry date of the Warrants is subject to Exchange acceptance.
For Further Information, please contact:
Regulus Resources Inc.
John E. Black
CEO / Director
Phone: +1 303 618-7797 mobile
+1 720 514-9036 office
Email: [email protected]
Adam Greening
Vice President, Corporate Development
Phone: +1 647 923 7799
Email: [email protected]
Laura Brangwin
Manager, Investor Relations
Phone: +447517313833
Email: [email protected]
About Regulus Resources Inc. and the AntaKori Project
Regulus Resources Inc. is an international mineral exploration company run by an experienced technical and
management team. The principal project held by Regulus is the AntaKori copper-gold-silver project in northern Peru.
The AntaKori project currently hosts a resource with indicated mineral resources of 250 million tonnes with a grade
of 0.48 % Cu, 0.29 g/t Au and 7.5 g/t Ag and inferred mineral resources of 267 million tonnes with a grade of 0.41 %
Cu, 0.26 g/t Au, and 7.8 g/t Ag (see press release dated March 1, 2019). Mineralization remains open in most directions
and drilling is currently underway to confirm and increase the size of the resource.
For further information on Regulus Resources Inc., please consult our website at www.regulusresources.com.
Cautionary Note This news release contains certain forward-looking statements, including statements regarding the
Company’s ability to receive acceptance from the Exchange to the extension of the expiry date of the Warrants and
the business and anticipated financial performance of the Company. These statements are subject to a number of risks
and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements.
Factors that could cause actual results to differ materially from those in forward-looking statements include: the
Company does not receive regulatory acceptance to the extension of the expiry dates of the Warrants; changes in
metal prices, changes in the availability of funding; unanticipated changes in key management personnel and general
economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ marginally
from those projected in the forward-looking statements. When relying on forward-looking statements to make
decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not
place undue reliance on such forward-looking statements. The Company does not undertake to update any forward
looking statements, oral or written, made by itself or on its behalf.