Regency Silver increases the private investment to $2.5 million
Regency Silver, a silver exploration company, has announced an upsized best efforts brokered private placement led by Centurion One Capital. The updated terms involve the issuance of 62,000,000 units at a price of CAD $0.05 per unit, raising a total of $3,100,000.
Each unit consists of one common share and one-half of a common share purchase warrant. The full warrant is exercisable at CAD $0.10 for a period of 24 months. This follows a 2-for-1 share consolidation and represents a second upsize of the offering due to strong investor demand.
The net proceeds from the private placement will be used primarily to fund the exploration and development of the company's portfolio of silver projects in Mexico, with a focus on the Dios Padre Project drilling and general working capital.
The private placement is not a public offering in the United States and is subject to TSX Venture Exchange approval, expected to close around August 27, 2025. It is not subject to any minimum subscription and is a placement of units.
Centurion One Capital is the lead agent and sole bookrunner for the private placement, having been chosen due to strong investor demand. The company will issue 50,000,000 units under the amended terms of the private placement, with an option for Centurion One Capital to increase the size of the private placement by up to an additional 10,000,000 units.
The private placement will be traded on the TSX Venture Exchange under the symbol RSMX:CA and on the OTCQB under the symbol RSMXF. The closing date for the private placement is expected to be on or about March 31, 2023.
This represents an increase from earlier brokered private placement announcements of $1.5 million and $2.5 million raised at earlier stages in August 2025. The increased number of units in the private placement is 75,000,000, an increase of 25,000,000 units. Each whole warrant entitles the holder to purchase one common share at a price of CAD $0.30 for a period of 24 months from the closing date.
In summary, Regency Silver has upsized its best efforts brokered private placement, raising $3,100,000 from the issuance of 62,000,000 units. The private placement is led by Centurion One Capital due to strong investor demand and will primarily fund the exploration and development of the company's silver projects in Mexico. The private placement is expected to close around August 27, 2025, subject to regulatory approval and other customary closing conditions.
- The net proceeds from the private placement will be primarily utilized for financing the exploration and development of Regency Silver's portfolio of silver projects in Mexico.
- The private placement, led by Centurion One Capital, is expected to raise $3,100,000 from the issuance of 62,000,000 units, with each unit representing a combination of one common share and one-half of a common share purchase warrant.
