Financings
Regency Silver Announces Closing of Oversubscribed $4 Million Brokered Private Placement Including Full Exercise of Over-Allotment Option Led by Centurion One Capital

RSMX · Price
Executive Summary
- Regency Silver Corp. closed an upsized private placement of 40 million units at $0.10 per unit, raising $4 million in gross proceeds.
- Proceeds are earmarked for drilling the Dios Padre Project in Sonora, Mexico and general working capital, supporting continued exploration after a recent high‑grade intercept (38 m @ 7.36 g/t Au).
- The offering included common shares, half‑share purchase warrants, and broker warrants; insiders purchased 3.62 million units, qualifying as a related‑party transaction under MI 61‑101.
Key Details
- Units sold: 40,000,000 (including full over‑allotment)
- Issue price: $0.10 per unit
- Gross proceeds: $4,000,000
- Lead agent/bookrunner: Centurion One Capital Corp. (sole bookrunner)
- Unit composition: 1 common share + ½ of a common‑share purchase warrant (full warrant allows purchase of one additional common share at $0.20, exercisable until 29 Aug 2027).
- Broker warrants issued: 3,200,000 broker warrants (each confers the right to acquire one unit at the issue price, exercisable until 29 Aug 2027).
- Cash commission paid: $320,000.
- Use of proceeds: Drilling at Dios Padre Project and general working capital.
- Drill schedule: Drill rig expected on site by third week of September to follow up Hole REG‑23‑21 (38 m @ 7.36 g/t Au).
- Related‑party participation: Insiders bought 3,620,000 units; transaction qualifies as a related‑party transaction under MI 61‑101 but is exempt from formal valuation and minority approval because the fair market value does not exceed 25 % of market cap.
- Statutory hold period: Securities subject to hold until 30 Dec 2025.
- Board approval: Offering unanimously approved by board of directors.
Notable Quotes
“Regency is very pleased in closing this oversubscribed financing as the proceeds will allow us to continue to illustrate the size, scale and potential of our Dios Padre Project… This new capital will allow us to continue with our drilling…” – Bruce Bragagnolo, Executive Chairman & CEO.
More from Regency Silver Corp.
Jul 02, 2026 · 05:01