On February 11, 2020, Regency Gold Corp. closed its fully subscribed brokered private placement of 75,000,000 subscription receipts at a price of $0.20 per subscription receipt for aggregate gross proceeds of $15 million. The financing was led by Paradigm Capital Inc. and Sprott Capital Partners LP on behalf of a syndicate of agents, including Red Cloud Securities and Mackie Research Capital Corporation.
Cassels acted for the agents with a deal team that included Chad Accursi, James Lyle and Jasmine Qin (Securities and Mining).