Regency Silver Secures $4 Million in Oversubscribed Private Placement

Regency Silver Corp. has concluded its successfully oversubscribed private placement, securing $4 million in gross proceeds. This involved selling 40,000,000 units at $0.10 each, with Centurion One Capital acting as the lead agent. The funds raised will primarily advance drilling at the Dios Padre Project in Sonora, Mexico.

Each unit includes one common share and a half common share purchase warrant. Warrants allow purchasing an additional share at $0.20 until August 29, 2027. The company plans to proceed with drilling by late September, following past promising results.

Regency Silver paid a $320,000 cash commission and issued 3,200,000 broker warrants. The offering saw participation from insiders, under an exemption from formal valuation and minority shareholder approval.

The securities are subject to a hold period ending December 30, 2025. These developments underscore Regency Silver's commitment to advancing its exploration efforts in the region.