VANCOUVER, BC , July 13,
2023 /CNW/ - Regency Silver Corp. ("Regency
Silver" or the "Company") (TSXV: RSMX) (OTCQB: RSMXF) is pleased to
announce that it has engaged Kin Communications Inc. ("Kin") to
assist with its investor relations activities.
Kin Communications is a full-service investor relations agency
with a deep understanding and a strong track record in the junior
mining exploration and development sector. Kin works towards
fostering long-term relationships with shareholders, investors,
newsletter writers, and media to assist companies in increasing
their exposure, shareholder base and liquidity.
Bruce Bragagnolo, Executive
Chairman of Regency Silver states, "We recently reported a new gold
copper discovery downdip from the historic past-producing
high-grade Dios Padre silver mine including 29.4m of 6.32 g/t gold which was ~25m downdip
from the discovery hole which returned 35.8m of 6.84 g/t gold. These are some of the
best drill gold intercepts recently reported out of Mexico and we will work with Kin to increase
awareness of this high-grade discovery and its potential. There are
currently results pending from the remaining 7 holes of the phase 1
2023 program and we are excited to increase our presence in the
market through our combined efforts."
Under the terms of the investor relations agreement, Kin has
agreed to assist Regency Silver with investor relations, including
communicating with, and marketing to, potential investors,
shareholders, and media contacts for a period of 12 months. In
consideration for the services, the Company has agreed to pay Kin
CDN$15,000 per month plus GST for the
initial 12-month period. In addition, the Company has granted Kin
stock options entitling it to purchase 500,000 of the Company's
common shares at a price of CDN$0.20
per share with a five-year term.
Vancouver-based Kin
Communications is owned by President and Chief Executive Officer
Arlen Hansen and has no direct
relationship with the Company, other than as described in this news
release. As of the date of this press release, Kin and its
principals do not own any shares of Regency Silver.
The investor relations agreement with Kin and the grant of
options thereunder are subject to regulatory approval.
ABOUT REGENCY SILVER
CORP.
Regency Silver is a gold-copper-silver 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
gold-copper-silver project in Sonora,
Mexico.
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 with respect to the
approval of the investor relations agreement and issuance of
incentive stock options by the TSX Venture Exchange and other
activities, events or developments that the Company expects or
anticipates will or may occur in the future constitute
forward-looking statements.. 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 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 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
