Regency Silver Corp. (RSMX) Appoints Private Equity Fund Manager Alejandro Sucre to Board of Directors

Executive Summary

• Regency Silver Corp. has appointed Alejandro Sucre to its Board of Directors, effective immediately.
• In conjunction with the new appointment, the Company granted 2,500,000 incentive stock options to directors.

Key Details

• New Director Profile (Alejandro Sucre):
  • Founder and General Partner of the Venezuela Oil, Gas and Mining Fund.
  • Founder and Chairman of Inversiones Crecepymes C.A. (impact-investment IPO fund on the Caracas Stock Exchange).
  • Former builder of BlueHouse Organics.
  • Educational background includes Harvard Business School, University of Chicago, and Iowa State University.
• Stock Option Grant Details:
  • Total Quantity: 2,500,000 incentive stock options.
  • Exercise Price: C$0.125 per share.
  • Term: Five years from the date of grant.
  • Plan: Issued under the Company's equity incentive plan.

Notable Quotes

• "We are delighted to welcome Alejandro to the Board of Regency Silver. His capital-markets and impact-investing experience brings the kind of business knowledge we want around the table as we advance the Dios Padre discovery and broaden our investor base," — Bruce Bragagnolo, Chief Executive Officer and Director, Regency Silver Corp.