Regency Silver Announces Increase of Private Placement to $2.5 Million at $0.40 per Share

Regency Silver Announces Increase of Private

Placement to $2.5 Million at $0.40 per Share

VANCOUVER, BC

,

March 31, 2023

/CNW/ -

Regency Silver Corp.

("Regency Silver" or the

"Company", (TSXV: RSMX) (OTCQB: RSMXF) is pleased to announce that, due to demand from

investors, the non brokered private placement announced on

March 24, 2023

will now consist of up

to 6,250,000 common shares at a price of

$0.40

per share for gross proceeds to the Company of

up to

$2.5 million

.

The proposed terms of the private placement and use of proceeds are otherwise as previously

disclosed in the Company's news release dated

March 24, 2023

.

All common shares issued under the private placement will be subject to a four month hold period, in

accordance with applicable Canadian securities laws.

For further details about Regency Silver please visit the Company's website at

www.Regency-Silver.com

.

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.

ABOUT REGENCY SILVER CORP.

Regency Silver is a gold-copper-silver 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 gold-copper-silver project in

Sonora,

Mexico

.

SOURCE

Regency Silver Corp

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For further information:

Regency Silver Corp., Bruce Bragagnolo, Executive Chairman, (604) 417-

9517, Email: [email protected]; Gijsbert Groenewegen, Chief Executive Officer, Phone: 1-

646-247-1000, Email: [email protected]

CO: Regency Silver Corp

CNW 16:15e 31-MAR-23