VANCOUVER, BC, July 18,
2022 /CNW/ - Regency Silver Corp. ("Regency
Silver" or the "Company") (TSXV: RSMX) announces that it has
engaged M Partners to provide corporate advisory services to the
Company for a twelve month period, pursuant to a service agreement
entered into between the parties (the "Service Agreement"). M
Partners is a full service brokerage firm with its head office in
Toronto, Ontario.
Under the terms of the Service Agreement, the Company will issue
500,000 common shares to M Partners at a deemed price of
$0.10 per share. The issuance
of the common shares is subject to the approval of the TSX Venture
Exchange ("TSXV") and will have a hold period in accordance with
TSXV policies.
No new insiders will be created, nor will any change of control
occur as a result of the issuance of common shares pursuant to the
Services Agreement.
ABOUT REGENCY SILVER
CORP.
Regency Silver is a silver and gold exploration company focused
on the Americas. Regency Silver is led by a team of experienced
professionals with expertise in both exploration and production.
Regency Silver's flagship project is the Dios Padre silver project
in Sonora, Mexico.
For further details about the Company please visit
www.Regency-Silver.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Note Regarding Forward-Looking
Statements: This news release includes certain
forward-looking statements and forward-looking information
(together, "forward-looking statements"). All statements other than
statements of historical fact included in this release, including,
without limitation, statements regarding the optioning of the
Project by the Company. There can be no assurance that such
statements will prove to be accurate and actual results and future
events may vary from those anticipated in such statements.
Important risk factors that could cause actual results to differ
materially from the Company's plans or expectations include the
risk that TSX Venture Exchange acceptance of the option agreement
will not be obtained, regulatory changes, fundraising, and risk
associated with mineral exploration, including the risk that actual
results of exploration will be different from those expected by
management. The forward-looking statements in this news release
were developed based on the expectations of management, including
that Exchange acceptance for the proposed transaction will be
obtained, conditions will be satisfied, required fundraising will
be completed and the other risks described above will not
materialize. The Company expressly disclaims any intention
or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise,
except as otherwise required by applicable securities
legislation.
SOURCE Regency Silver Corp