Regency Silver Announces Private Placement of up to CAD $800,000
FOR IMMEDIATE RELEASE
NEWS RELEASE
Regency Silver Announces Private Placement of up to CAD $800,000
Vancouver, BC – December 18, 2023 – 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 non-brokered private placement of up to 4,000,000 units a price of $0.20 per share for
proceeds of CAD$800,000. Each Unit will consist of one common share of the Company and one
half of one transferable common share purchase warrant. Each whole Warrant shall entitle the
holder to acquire one addition al common share in the capital of the Company at a price of
CAD$0.30 per share for a period of two years from the date of issuance. Closing of the private
placement is anticipated to take place on or before December 22, 2023.
There will be finders fees payable in cash or securities, as permitted by the policies of the
Exchange. Finder’s fees will be equal to 8% of the proceeds raised by the finder.
All common shares issued under the private placement will be s ubject to a four month hold
period, in accordance with applicable Canadian securities laws. The proceeds will be used for
exploration and development of the Company’s properties, acquisition of additional properties
and general working capital.
Bruce Bragagnolo, Chairman stated, “We would like to thank our shareholders for their ongoing
support of the Company.”
For further details about Regency Silver please visit the Company’s website at www.Regency-
Silver.com.
Contact Information
Regency Silver Corp.
Kin Communications Inc.
Phone: 1-604-684-6730
Email: [email protected]
2
Bruce Bragagnolo, Executive Chairman
Phone: 1-604-417-9517
Email: [email protected]
Gijsbert Groenewegen, Chief Executive Officer
Phone: 1-646-247-1000
Email: [email protected]
ABOUT REGENCY SILVER CORP.:
Regency Silver Corp. is a Canadian resource company exploring for high grade gold, copper, and
silver in Mexico. Regency Silver is led by a team of experienced professionals with expertise in
both exploration and production. Regency’s flagship project is the high grade Dios Padre project
in Sonora Mexico where Regency has made a larg e, high grade, gold-copper-silver discovery
which appears to widen at depth. Drill results have included 38 metres of 7.36 g/t gold in hole
REG 23-21, 36 metres of 6.84 g/t gold, 0.88% copper and 21.8 g/t silver in hole REG 22-01, and
29.4 m of 6.32 g/t gold in hole REG 23-14.
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.