Regulus Announces Extension of Warrants
January 04 2021 - 12:23PM
Regulus Resources Inc. (“
Regulus”
or the “
Company”) (
TSX-V: REG, OTCQX:
RGLSF) proposes to extend the expiry date
of 4,217,452 common share purchase warrants (the
"
Warrants") that were issued pursuant to the
Company’s July 27, 2016 private placement. The Warrants are
exercisable into common shares of the Company at an exercise price
of $1.60 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 six months to
July 27, 2021. 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 (see press release
dated March 1, 2019). Mineralization remains open in most
directions.
For further information on Regulus Resources Inc.,
please consult our website at www.regulusresources.com.
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release.
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