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BRIEF-Regulus Resources Says Received About $2.16 Mln From Exercise Of 1.35 Mln Warrants Since June 29

Published 2018-08-30, 05:11 p/m
© Reuters.  BRIEF-Regulus Resources Says Received About $2.16 Mln From Exercise Of 1.35 Mln Warrants Since June 29
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Aug 30 (Reuters) - Regulus Resources Inc REG.V :

* REGULUS RESOURCES - HAS RECEIVED ABOUT $2.16 MILLION FROM EXERCISE OF 1.35 MILLION WARRANTS SINCE JUNE 29

* REGULUS RESOURCES - ENTERED SHORT TERM LOAN AGREEMENTS WITH CERTAIN DIRECTORS, OFFICERS FOR TOTAL OF $1.56 MILLION

* REGULUS RESOURCES - LOANS ARE UNSECURED, BEAR INTEREST AT RATE OF 10% PER ANNUM AND ARE REPAYABLE ON SEPT. 30, 2018

* REGULUS RESOURCES - PROCEEDS TO ENABLE CONTINUANCE OF CURRENT DRILL PROGRAM AT ANTAKORI COPPER-GOLD PROJECT IN PERU

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