Regency Silver Announces Private Placement of $2M at $0.20 per Share
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FOR IMMEDIATE RELEASE
NEWS RELEASE
Regency Silver Announces Private Placement of
$2M at $0.20 per Share
Vancouver, BC – December 14, 2022 – Regency Silver Corp. (“Regency Silver” or the “Company”,
TSXV- RSMX and OTCQB-RSMXF) is pleased to announce that it has arranged, subject to regulatory
approval, a private placement of 10,000,000 common shares at a price of $0.20 per share for net
proceeds of CAD$2,000,000. Closing of the non-brokered private placement is anticipated to take
place on or before December 16.
There are no commissions or finders fees payable.
The proceeds will be used for work programs on the properties of Regency Silver including drilling
and geophysics in early 2023 on our flagship Dios Padre property, for property payments on other
properties of the Company and for general working capital.
Regency anticipates drilling a minimum 2,500 metres as a n initial follow up to the successful
drilling program completed in August, 2022. Regency’s first drill program, post IPO, included hole
REG-22-01 which yielded an intercept of 4.7 g/t gold, 0.67% copper and 23 g/t silver over 53.8
metres, and included 35.8 metres of 6.84 g/t gold, 0.88% copper and 21.82 g/t silver, starting at
420 m depth down hole along with 13.97 g/t gold, 50.25 g/t silver and 1.11 % copper over 9.8
metres starting at 460.5m down hole. Drilling will focus on expanding this intersection both up
and down dip as well as along strike to the east and west as the intersected mineralization is
unconstrained in all directions.
The drill program is scheduled to co mmence in early January 2023. An additional Induced
Polarization survey is also planned for early 2023.
For further details about Regency Silver please visit the Company’s website at www.Regency-
Silver.com.
Technical Information
The technical information contained in this news release has been reviewed by Company director
Michael Tucker, P.Geo, who is recognized as a Qualified Person under the guidelines of National
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Instrument 43-101. Mr. Tucker is a director of the Company and for that reason is not considered
independent. Mr. Tucker has read and approved the technical contents of this news release.
Contact 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]
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.