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Regency Silver Closes Further Tranche of Private Placement Announces Extension of Private Placement and Grant of Stock Options

Financings Share Capital & Compensation

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FOR IMMEDIATE RELEASE

NEWS RELEASE

Regency Silver Closes Further Tranche of Private Placement

Announces Extension of Private Placement and Grant of Stock Options

Vancouver, BC – March 8, 2024 – Regency Silver Corp. (“Regency Silver” or the “Company”,

TSXV- RSMX and OTCQB-RSMXF) is pleased to announce that it has closed a further $253,500 of

a previously announced non-brokered private placement of $800,000.

Further to the Company’s news release dated February 2, 2024, it has extended the closing of

the private placement to no later than March 31, 2024 . The closing of the private placement is

subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.

The Company further announces that it has granted stock options to acquire a total of 1,700,000

common shares of the Company to directors, officers, employees, and consultants at a price of

$0.20, subject to vesting requirements. All options were granted pursuant to the Company's

Stock Option Plan and are subject to the terms of the applicable grant agreements and the

requirements of the TSX Venture Exchange.

The options expire five years from the date of the grant, subject to the optionees continuing to

act as directors, officers, employees or consultants 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]

Bruce Bragagnolo, Executive Chairman

Phone: 1-604-417-9517

Email: [email protected]

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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 large, 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.