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RSMX.V ·

Regency Silver Corp. Completes Initial Public Offering and Lists on the TSX Venture Exchange

Financings Listings & Exchange

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

Regency Silver Corp. Completes Initial Public Offering and Lists on the

TSX Venture Exchange

Vancouver, British Columbia, April 26, 2022 : Regency Silver Corp. (the " Company" or

"Regency") (TSXV: RSMX) is pleased to announce that on April 26, 2022, it completed its initial

public offering (the "IPO") of 13,019,300 common shares (each a “Share”), of which 1,019,300

Shares were sold pursuant to an over-allotment option, at a price of $0.25 per Share for gross

proceeds of $3,254,825.

The net proceeds from the IPO will be used to carry out exploration of the Company's principal

project, the Dios Padre Property, located in Yecora, Sonora, Mexico. The net proceeds will also

be used to make payments pursuant to the option agreements in respect of the Dios Padre Property

and the El Tule Property, for general and administrative purposes and for working capital.

Research Capital Corporation acted as agent (the "Agent") for the IPO. The Agent received a cash

commission equal to $260,386.00 and a corporate finance fee in addition to reimbursement of

certain expenses of the Agent. Additionally, the Company granted the Agent and members of its

selling group non-transferable agent’s warrants entitling the holder to purchase an aggregate of

1,041,544 Shares at a price of $0.25 per Share, exercisable on or before April 26, 2024.

The Shares were listed and immediately halted on the TSX Venture Exchange on April 26, 2022

and are expected to resume trading on or around April 29, 2022, under the symbol “RSMX”.

The offered securities have not been and will not be registered under the United States Securities

Act of 1933, as amended (the " U.S. Securities Act"), or any applicable state securities laws and

may not be offered or sold in the United States or to "U.S. persons", as such term is defined in

Regulation S under the U.S. Securities Act, absent such registration or an applicable exemption

from such registration requirements. This news release shall not constitute an offer to sell or the

solicitation of an offer to buy the offered securities in any jurisdiction.

About Regency Silver Corp.

Regency is focused on the acquisition, exploration and development of silver and gold projects in

Mexico. It is currently actively exploring the Dios Padre Property located in Yecora, Sonora,

Mexico and the El Tule Property located in Nayarit, Mexico.

For more information, please refer to the Company's amended and restated final prospectus dated

March 16, 2022, available on SEDAR (www.sedar.com).

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On Behalf of the Board of Directors

Gijsbert Groenewegen

Chief Executive Officer, President and Director

For further information, please contact:

Bruce Bragagnolo

Executive Chairman and Director

604 417-9517

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.

Forward-Looking Statements

Certain disclosure in this release, including the expected use of proceeds of the IPO, constitutes forward-

looking statements that are subject to numerous risks, uncertainties and other factors outside of the

Company’s control that may cause future results to differ materially from those expressed or implied in

such forward-looking statements. In preparing the forward-looking statements in this news release, the

Company has applied several material assumptions, including, but not limited to, the assumption that

general economic and business conditions will not change in a materially adverse manner; and that the

Company will be able to raise additional funds on reasonable terms. Although the management of the

Company believes that the assumptions made and the expectations represented by such statements are

reasonable, there can be no assurance that any forward-looking statement herein will prove to be accurate.

Readers are cautioned not to place undue reliance on forward-looking statements. 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 for any other reason except as required by law.