News

Regulus Resources Completes Definitive Agreement for Antakori Copper-Gold Project, Peru

Tuesday, January 24, 2017

Regulus Resources Inc. ("Regulus", REG TSX.V) is very pleased to announce that on January 23, 2017, its wholly owned Peruvian subsidiary, Southern Legacy Peru S.A.C., finalized the execution of a Definitive Agreement with Compañía Minera Coimolache S.A. (“Coimolache”) to allow for collaborative exploration of the AntaKori copper-gold project in northern Peru. This Definitive Agreement is based on the previously executed Memorandum of Understanding with the terms of the agreement remaining effectively the same. Please refer to the Regulus news release of May 18, 2016 for a summary of the key components of the agreement. By mutual agreement, the Memorandum of Understanding and the time frame for the completion of a parallel definitive agreement with Compañía Minera Colquirrumi S.A. (“Colquirrumi”) have been extended to March 30, 2017 to allow for additional legal review (as previously announced on January 3, 2017). The completion of the Colquirrumi Agreement is required to maintain the Coimolache Agreement in good standing and both parties are confident the agreement will be completed within the extension period. Read More

Regulus Announces Extension to Timelines for Completion of Definitive Agreements for Antakori Copper-Gold Project, Peru

Tuesday, January 3, 2017

Regulus Resources Inc. ("Regulus", REG TSX.V) announces that its wholly owned Peruvian subsidiary, Southern Legacy Peru S.A.C., has executed extensions to the binding Memorandum of Understanding (“MOU”) agreements executed in May 2016 with Compañía Minera Coimolache S.A. (“Coimolache”) and Compañía Minera Colquirrumi S.A. (“Colquirrumi”) for collaborative exploration of the AntaKori copper-gold project in northern Peru (please refer to the Regulus news release of May 18, 2016). As a result of the extensions, the MOU terms and the timeline to complete the Coimolache Definitive Agreement have been extended from December 31, 2016 to January 30, 2017 (30 additional days) and the MOU terms and the timeline to complete the Colquirrumi Definitive Agreement have been extended from December 31, 2016 to March 30, 2017 (90 additional days). Read More  

Regulus Announces Grant of Stock Options

Wednesday, September 7, 2016

Regulus Resources Inc. (the "Company") announces that incentive stock options have been granted to directors, officers, employees and consultants to purchase up to 2,105,000 common shares at a price of $1.50 per share for five years, pursuant to its Stock Option Plan. Read More

Regulus Announces Closing of Financing

Wednesday, July 27, 2016

(Calgary, Alberta) "“ Regulus Resources Inc. ("Regulus" or the "Company", REG TSX.V) announces that it has closed its previously announced brokered unit private placement offering (the "Offering"). An aggregate of 11,537,500 units (the "Units") were sold under the Offering at a price of $1.20 per Unit (the "Issue Price") for total gross proceeds of $13,845,000. The Offering was completed by a syndicate of agents led by Haywood Securities Inc. and PI Financial Corp. (collectively, the "Agents"). The gross proceeds of the Offering include 1,537,500 Units issued as a result of the exercise in full of the Agents' over-allotment option granted in connection with the Offering. Read More

Regulus Resources Announces Appointment of Dr. Stewart Redwood as Chief Geologist for the Antakori Copper-Gold Project, Peru

Monday, July 25, 2016

(Vancouver, BC) "“ Regulus Resources Inc. ("Regulus", REG TSX.V) is pleased to announce that Dr. Stewart Redwood has joined the Regulus team as Chief Geologist for the AntaKori copper-gold project in Peru. Dr. Redwood has 35 years of mineral exploration experience, with a focus on copper, gold, silver and zinc deposits in Latin America and the Caribbean. This includes extensive experience in skarn deposits, notably the Antamina copper-zinc skarn deposit in Peru, one of the world's largest skarn deposits, where he was the Chief Geologist and Site Manager from 1996-1998 for the drill-out of the feasibility study. Dr. Redwood has a degree in geology from Glasgow University (1982) and obtained his Ph.D. from Aberdeen University (1986) for his work on the gold and silver deposits of Bolivia. He is bilingual in English and Spanish, and also speaks some Portuguese and French. He has worked in Latin America since 1982 with experience in both major mining and junior exploration companies. Read More

Regulus Announces Increase to Equity Financing

Wednesday, July 6, 2016

(Vancouver, BC) "“ Regulus Resources Inc. ("Regulus" or the "Company", REG TSX.V) is pleased to report that, in connection with its previously announced private placement offering of units (the "Units") at a price of $1.20 per Unit (the "Offering"), it has amended its agreement with Haywood Securities Inc. and PI Financial Corp. (together the "Agents") to increase the amount of the Offering from 8,350,000 Units to up to 10,000,000 for aggregate gross proceeds of up to $12,000,000. Read More

Regulus Announces Cdn$10 Million Private Placement

Tuesday, July 5, 2016

(Vancouver, BC) "“ Regulus Resources Inc. ("Regulus" or the "Company", REG TSX.V) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and PI Financial Corp. (together the "Agents") to raise aggregate gross proceeds of up to $10.02 million through the issuance of up to 8,350,000 units of the Company ("Units") at a price of $1.20 per Unit (the "Offering Price") on a commercially reasonable efforts private placement basis (the "Offering"). Each Unit shall consist of one common share and one-half of one transferable common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one common share (a "Warrant Share") at a price per Warrant Share of $1.60 for a period of 42 months from the date of issuance. The Company will also grant the Agents an option (the "Agents' Option"), exercisable in whole or in part by giving notice to the Company at any time up to 48 hours prior to the closing date, to sell up to an additional 1,252,500 Units (the "Additional Units") at the Offering Price. Read More

Regulus Resources Announces Agreements for Collaborative Exploration at Antakori Copper-Gold Project, Peru

Wednesday, May 18, 2016

(Vancouver, BC) "“ Regulus Resources Inc. ("Regulus", REG TSX.V) is pleased to announce that its wholly owned Peruvian subsidiary, Southern Legacy Peru S.A.C. ("SLP-Regulus"), has entered into binding Memorandum of Understanding ("MOU") agreements with Compa±­a Minera Coimolache S.A. ("Coimolache") and Compa±­a Minera Colquirrumi S.A. ("Colquirrumi"), companies that hold mineral concessions immediately adjacent to, and inter-fingering with, the SLP-Regulus AntaKori copper-gold project in northern Peru. These agreements will allow for mutual access, mutual rights of expansion and collaborative exploration of the project area, providing benefit to all three parties. Read More