Regulus Resources Inc. (TSX-V: REG) (OTCQX:RGLSF) CEO John Black tells Proactive it has formed a partnership with Osisko Gold Royalties Ltd, where where Regulus has agreed to grant certain rights to Osisko in exchange for an upfront cash payment of US$12.5 M. Black says the group now has 'plenty of funding' to resume its drill program at its AntaKori copper project, and anticipates Phase II drilling to resume 'at any moment.'
Regulus Resources well funded to resume Peru-based copper project drill program in the next few days
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Price: 0.97 CAD
Market Cap: $98.79 m
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