Regency Silver Announces Closing of Oversubscribed $4.1M Financing Led by Centurion One Capital

Core Viewpoint - Regency Silver Corp. successfully closed a brokered private placement and a concurrent non-brokered private placement, raising approximately $4,078,500 in total gross proceeds [1][3]. Group 1: Offerings Details - The brokered offering generated gross proceeds of approximately $3,991,000, while the non-brokered offering added $87,500, bringing the total to about $4,078,500 [1][3]. - A total of 23,305,714 Units were sold at a price of $0.175 per Unit, with each Unit consisting of one common share and one transferable common share purchase warrant [3]. - Each warrant allows the holder to purchase an additional common share at a price of $0.26 until December 19, 2028 [3]. Group 2: Use of Proceeds - The net proceeds from the offerings will be utilized for drilling at the Dios Padre Project in Sonora, Mexico, and for general working capital purposes [4]. - The company paid a cash commission of $326,280 and issued 1,864,457 non-transferable common share purchase warrants in connection with the offerings [4]. Group 3: Company Overview - Regency Silver Corp. is a Canadian resource company focused on exploring gold, copper, and silver in Mexico, with its flagship project being the Dios Padre project [8]. - The Dios Padre project has shown promising drill results, including 38 meters of 7.36 g/t gold and 36 meters of 6.84 g/t gold, 0.88% copper, and 21.8 g/t silver [8].