Regency Silver announces early exercise of 100% interest in the Dios Padre Property
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FOR IMMEDIATE RELEASE
NEWS RELEASE
Regency Silver announces early exercise of 100% interest in the Dios Padre Property
Vancouver, BC – October 7, 2022 – Regency Silver Corp. (“Regency Silver” or the “Company”, TSXV- RSMX
and OTCQB-RSMXF) is pleased to announce that it has entered into an option exercise agreement (the
“Agreement”) with Minera Pena Blanca, S.A. de C.V. (“Minera Pena”) pursuant to which Minera Pena has
agreed to waive the last exploration expenditure of US$250,000 required to exercise the option for a 100%
interest in the Dios Padre property in Mexico. Consideration for the early exercise is the issuance of
300,000 common shares in the capital of the Company (the “Common Shares”) at a deemed price of
$0.245 per share. The completion of the transactions contemplated by the Agreement remains subject
to all regulatory approvals, including the approval of the TSX Venture Exchange (the “Exchange”) which
must be obtained by October 20, 2022 . The Common Shares to be issued in connection with the
Agreement will be subject to a four month hold period from the date of issue in accordance with
applicable securities legislation.
The Company is also pleased to announce that the Exchange has accepted the Company’s engagement of
M Partners Inc. in accordance with the terms and conditions of an Engagement Letter dated July 25, 2022
and pursuant to which M Partners Inc. will provide the Company with ongoing advisory services. In
consideration of the services, the Company has agreed to issue M Partners Inc. an aggregate of 500,000
Common Shares at a deemed price of $0.10 per share. The Common Shares will be subject to a four
month hold period from the date of issue in accordance with applicable securities legislation.
ABOUT REGENCY SILVER CORP.
Regency Silver is a silver and gold exploration company focused on the Americas. Regency Silver is led by
a team of experienced professionals with expertise in both exploration and production. Regency Silver’s
flagship project is the Dios Padre silver project in Sonora, Mexico.
For further details about the Company please visit www.Regency-Silver.com.
Contact Information
Regency Silver Corp.
Bruce Bragagnolo, Executive Chairman
(604) 417-9517
Email: [email protected]
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Gijsbert Groenewegen, Chief Executive Officer
Phone: 1-646-247-1000
Email: [email protected]
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.
Cautionary Note Regarding Forward -Looking Statements: This news release includes certain forward -
looking statements and forward-looking information (together, “forward-looking statements”). There can
be no assurance that such statements will prove to be accurate and actual results and future events may
vary from those anticipated in such statements. Important risk factors that could cause actual results to
differ materially from the Company's plans or expectations include the risk that Exchange acceptance of
the Agreement, including the issuance of the Co mmon Shares, will not be obtained, regulatory changes,
fundraising risks, and risk s associated with mineral exploration, including the risk that actual results of
exploration will be different from those expected by management. The forward-looking statements in this
news release were developed based on the expectations of management, including that Exchange
acceptance for the proposed transaction will be obtained, conditions will be satisfied, required fundraising
will be completed and the other risks desc ribed above will not materialize. The Company expressly
disclaims any intention or obligation to update or revise any forward -looking statements whether as a
result of new information, future events or otherwise, except as otherwise required by applicable securities
legislation.