Regency Gold Corp. (TSXV:RAU.H) announced a brokered private placement on a best efforts basis of subscription receipts at a price of CAD 0.20 per subscription receipt for gross proceeds of up to CAD 10,000,000 on January 10, 2020. The closing of the transaction is subject to escrow release conditions prior to 120 days, each subscription receipt will entitle the holder thereof to receive, without payment of any additional consideration and subject to adjustment, units of the company. Each unit will consist of one common share of the company and one half of one common share purchase warrant, with each warrant entitling the holder thereof to acquire one common share of the company. The terms of the warrants will be determined in the context of the market.