Regulus Announces Extension of Warrants
December 10 2021 - 7:00AM
Regulus Resources Inc. ("Regulus"
or the
"Company", TSX-V: REG, OTCQX: RGLSF)
proposes to extend the expiry date of 5,425,125 common share
purchase warrants (the "
Warrants") that were
issued pursuant to the Company’s December 27, 2019 unit offerings.
The Warrants will remain exercisable into common shares of the
Company at an exercise price of $1.70 per common share. The Company
will seek acceptance from the TSX Venture Exchange (the
"
Exchange") to extend the term of the Warrants for
an additional twelve months to December 27, 2022. All other terms
of the Warrants will remain the same.
The proposed amendment to extend the expiry date
of the Warrants is subject to Exchange acceptance.
For further information, please
contact:
Regulus Resources Inc. Laura
BrangwinInvestor Relations ManagerPhone: +1 646 583-1404 Email:
laura.brangwin@regulusresources.com
About Regulus Resources Inc. and the
AntaKori Project
Regulus Resources Inc. is an international
mineral exploration company run by an experienced technical and
management team. The principal project held by Regulus is the
AntaKori copper-gold-silver project in northern Peru. The AntaKori
project currently hosts a resource with indicated mineral resources
of 250 million tonnes with a grade of 0.48 % Cu, 0.29 g/t Au and
7.5 g/t Ag and inferred mineral resources of 267 million tonnes
with a grade of 0.41 % Cu, 0.26 g/t Au, and 7.8 g/t Ag (independent
technical report prepared by AMEC Foster Wheeler (Peru) S.A., a
Wood company, dated February 22, 2019, see news release dated March
1, 2019). Mineralization remains open in most directions.
Cautionary Note Regarding Forward
Looking Statements. This news release contains certain
forward-looking statements, including statements regarding the
extension of the expiry date of the Warrants. These statements are
subject to a number of risks and uncertainties. Actual results may
differ materially from results contemplated by the forward-looking
statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include receipt
of regulatory approvals for the extension. When relying on
forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other
uncertainties and should not place undue reliance on such
forward-looking statements. The Company does not undertake to
update any forward-looking statements, oral or written, made by
itself or on its behalf.
Neither the TSX Venture Exchange, nor its
Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
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