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Regulus Resources Inc.
Regulus Resources Inc. (TSX V.REG) is a Canadian exploration company formed in December 2010 under the directorship of the former management of Antares Minerals Inc. (TSX V.ANM); John E. Black, Kevin B. Heather and Mark Wayne. Regulus was created through the spin-out of the Rio Grande Cu-Au project in Argentina along with C$5 million in cash from Antares Minerals in a Plan of Arrangement concluding the sale of Antares to First Quantum Minerals (TSX.FM, UK FQM) for approximately C$650 million; primarily for the giant Haquira Cu-Mo-Au deposit in Peru.
On May 16th, 2012, Regulus and Pachamama Resources (TSXV.PMA) successfully concluded their planned merger, thus consolidating their respective 50% interests in the Rio Grande Cu-Au project. The project is now held 100% by Regulus, with no non-government royalties or third party off-take agreements. The announced merger was co-incident with a C$20+ million financing. The financing closed at $26.6 million on March 6, 2012 with the funds held in escrow until the merger was finalized on May 16th, 2012.
Contact Us
Suite 2300
1177 West Hastings Street
Vancouver, BC
V6E 2K3, Canada
Telephone : (604) 685-6800
Email: info@regulusresources.com
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