Regency Silver Corp. Upsizes Private Placement to $2.5 Million

Regency Silver Corp. has increased its previously announced private placement to $2.5 million, led by Centurion One Capital. This decision follows strong investor demand. The company will issue 50 million units at $0.05 each, raising $2.5 million in total. Each unit includes one common share and a half share purchase warrant. These warrants allow for an additional share purchase at $0.10 within 24 months of the closing date.

The funds will support the Dios Padre Project in Mexico and general operations. Previous drill results showed promising gold, copper, and silver findings, encouraging further exploration. The offering may include insider participation, accounting for up to 25% of the total. This transaction is classified under MI 61-101 regulations but is expected to be exempt from formal valuation and minority approval requirements.