Welcome to our dedicated page for REGENCY SILVER news (Ticker: RSMXF), a resource for investors and traders seeking the latest updates and insights on REGENCY SILVER stock.
Regency Silver Corp. (RSMXF) is a Canadian resource company focused on exploring for high-grade gold, copper, and silver deposits in Mexico. Led by a team of experienced professionals, Regency's flagship project is the Dios Padre project in Sonora, Mexico, where significant discoveries have been made. Recent achievements include entering into an option agreement to acquire the San Dimas Claims near the San Dimas mine in Durango, Mexico. The company is dedicated to creating shareholder value by developing high-grade properties in established mining camps.
Regency Silver (TSXV:RSMX)(OTCQB:RSMXF) has appointed Patrick Elliott to its Board of Directors. Elliott brings over 20 years of experience in mineral exploration and resource sector management. He holds a BSc in Geology, MSc in Mineral Economics, and MBA in Mining Finance. Currently serving as President & CEO of Forte Minerals Corp and a director of Element 29 Resources, Elliott has extensive experience in porphyry copper and gold projects across North and South America. He will serve as an independent director and join Regency's audit committee alongside Michael Thomson and Michael Tucker.
Regency Silver has completed the first tranche of a non-brokered private placement, raising $1,268,655 through the issuance of 8,457,706 units at $0.15 per unit. Each unit includes one common share and one warrant exercisable at $0.25 for two years. The company paid $24,330 in finder's fees and issued 162,200 broker warrants. The warrants include an acceleration clause if shares trade above $0.50 for 10 consecutive days. Proceeds will fund exploration, development, and working capital. Securities are subject to a four-month hold period.
Regency Silver Corp. (TSXV:RSMX, OTCQB:RSMXF) has announced the appointment of Matthew Warder to its Advisory Committee. Warder brings nearly two decades of experience as an energy, metals, and mining analyst. He is the founder of Seawolf Research, providing investment and advisory services to mining industry and financial clients. His expertise includes corporate communications and supply/demand/cost/price forecasting in the American commodities space.
Prior to founding Seawolf, Warder worked at Wood Mackenzie and served as Director of Energy Capital Research Group. Bruce Bragagnolo, Executive Chairman of Regency Silver, expressed enthusiasm about Warder's appointment, citing the success of drill programs at the Dios Padre project and the value Warder's experience and contacts will bring to the company's financing and development efforts.
Regency Silver Corp. (TSXV:RSMX)(OTCQB:RSMXF) has arranged a non-brokered private placement of up to 16.6 Million Units at CAD$0.15 per Unit for gross proceeds of up to CAD$2.5 Million. The funds will be used for the upcoming drill program at the Dios Padre project in Sonora, Mexico. Previous drilling results have been exceptional, with Hole REG-23-21 intersecting 54.65m of 5.34 g/t gold including 7.36 g/t over 38m. The project is part of the Laramide magmatic arc, known for significant Cu-Au porphyry deposits. The company aims to extend the high-grade gold zone and explore the copper potential of the area.