Regency Silver Corp. (TSX-V:RSMX, OTCQB:RSMXF) announced that it has closed a further $253,000 of its earlier non-brokered private placement of $800,000.
It added that it has extended the closing of the private placement to no later than March 31, 2024, subject to receiving customary regulatory approvals.
Further, the company said that it has granted stock options to acquire 1.7 million shares to directors, officers, employees and consultants at $0.20 each.
All options were granted under the company’s stock option plan and expire five years from the date of grants, subject to the recipients continuing to act as directors, officers, employees or consultants of the company.
Regency Silver is a Canadian resource company exploring for high-grade gold, copper, and silver in Mexico.