Regency Silver Announces Extension of Private Placement

VANCOUVER, BC / ACCESSWIRE / February 2, 2024 / Regency Silver Corp. ("Regency Silver" or the "Company", (TSXV:RSMX) and (OTCQB:RSMXF) announces that further to its news release dated January 17, 2024, the Company has extended the closing of its private placement. The closing of the private placement is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.

For further details about Regency Silver please visit the Company’s website at

Contact Information
Regency Silver Corp.
Kin Communications Inc.
Phone: 1-604-684-6730

Bruce Bragagnolo, Executive Chairman
Phone: 1-604-417-9517

Gijsbert Groenewegen, Chief Executive Officer
Phone: 1-646-247-1000

Regency Silver Corp. is a Canadian resource company exploring for high grade gold, copper, and silver in Mexico. Regency Silver is led by a team of experienced professionals with expertise in both exploration and production. Regency’s flagship project is the high grade Dios Padre project in Sonora, Mexico where Regency has made a large, high grade, gold-copper-silver discovery which appears to widen at depth. Drill results have included 38 metres of 7.36 g/t gold in hole REG 23-21, 36 metres of 6.84 g/t gold, 0.88% copper and 21.8 g/t silver in hole REG 22-01, and 29.4 m of 6.32 g/t gold in hole REG 23-14.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Regency Silver Corp.

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Tacora Resources Inc. Selects Successful Bidder in Sale and Investment Solicitation Process

TORONTO, ON / ACCESSWIRE / February 2, 2024 / Tacora Resources Inc. ("Tacora" or the "Company") today announced that it has selected a bid from an ad hoc group of holders of the Company’s senior secured notes (the "Ad Hoc Group"), Resource Capital Fund VII L.P. ("RCF") and Javelin Global Commodities (SG) Pte Ltd. ("Javelin" and together with the Ad Hoc Group and RCF, the "Investors") as the Successful Bid under its sale, investment and services solicitation process ("SISP") and as defined therein, conducted pursuant to, and in connection with, its proceedings (the "CCAA Proceedings") before the Ontario Superior Court of Justice (Commercial List) (the "Court") under the Companies’ Creditors Arrangement Act (Canada) (the "CCAA").

Following the selection of the Investors as the Successful Bidder under the SISP and as defined therein, the Company and the Investors entered into a subscription agreement (the "Subscription Agreement") on January 29, 2024. The Subscription Agreement contemplates, among other things, an equity injection of US$225 million and a new debt financing in principal amount of US$45 million by the Investors, payment or satisfaction of all of Tacora’s secured debt, assumption of all outstanding trade payables, continued employment for all employees of Tacora and entry into a marketing agreement and product purchase and sale agreement and a secured working capital facility of up to US$100 million with Javelin. The transactions will allow Tacora to significantly de-leverage its balance sheet, focus on its long-term plan to invest approximately US$300 million over the next four years to upgrade and modernize the Scully Mine, and achieve the Company’s objective of producing in excess of six million tonnes of high grade iron ore concentrate per year. The Subscription Agreement contemplates a target closing date of March 22, 2024.

Joe Broking, Tacora’s President and CEO said "the transactions announced today with the Investors represent a successful outcome for Tacora and its stakeholders of the strategic process completed through the CCAA Proceedings. The transactions will allow Tacora to emerge from the CCAA Proceedings as a much stronger and better-capitalized business focused on achieving the full potential of the Scully Mine. We thank all Tacora team members, our suppliers, and other stakeholders for their continued support through the CCAA Proceedings and contributions to this successful outcome."

The Subscription Agreement remains subject to, among other things, Court approval of the Subscription Agreement and the transactions contemplated thereunder. The Company intends to appear before the Court as soon as possible to seek an order approving the Subscription Agreement and the transactions contemplated thereunder.

A copy of the SISP and the Subscription Agreement and more information related to the CCAA Proceedings can be found on the Monitor’s website at Information regarding CCAA Proceedings can also be obtained by calling the Monitor’s hotline at 1-833-420-9074 or by email at


Greenhill & Co. Canada Ltd. (Mizuho) is serving as financial advisor and Stikeman Elliott LLP is serving as legal counsel to Tacora. FTI Consulting Canada Inc. is serving as Court-appointed monitor.

GLC Advisors & Co., LLC is serving as financial advisor to the Investors, Osler, Hoskin & Harcourt LLP is serving as legal counsel to the Investors, Bennett Jones LLP is serving as legal counsel to the Ad Hoc Group and Blake, Cassels and Graydon LLP is serving as legal counsel to RCF.

About Tacora Resources Inc.

Tacora is a private company that is focused on the production and sale of high-grade and quality iron ore products that improve the efficiency and environmental performance of steel making and, subject to final process verification and economic assessment, the development of a high purity manganese product for advanced battery technology. The Company owns and operates the Scully Mine, an iron ore concentrate producer located near Wabush, Newfoundland and Labrador, Canada with a production capacity of six million tonnes per year. Additional information about the Company is available at

Forward Looking Statements

This press release contains statements that are forward-looking in nature and relate to our expectations, beliefs, and intentions. All statements other than statements of historical fact are statements that could be deemed to be forward-looking. Although Tacora believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and other factors and are not guarantees of future performance and actual results may accordingly differ materially from those in forward-looking statements, and these statements are subject to risks, uncertainties and assumptions that could cause outcomes to differ from our expectations, including risks related to the closing of the transactions contemplated by the Subscription Agreement. The forward-looking information set forth herein reflects Tacora’s expectations as at the date of this press release and is subject to change after such date. Tacora disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor and Analyst Contact:

Joe Broking
President and Chief Executive Officer
T – +1 (218) 398-0079
E –

Heng Vuong
Executive Vice President and Chief Financial Officer
T – +1 (416) 704-8377
E –

SOURCE: Tacora Resources Inc

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Ecofin Sustainable and Social Impact Term Fund (TEAF) Publishes Quarterly Commentary

OVERLAND PARK, KS / ACCESSWIRE / February 2, 2024 / Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) fourth quarter 2023 commentary is now available. The commentary piece highlights fund performance of the public and direct investments in the essential asset sectors in which the fund invests. A copy of the commentary piece is available here on the company website.

For additional information on this fund, please visit

TCA Advisors is the adviser to Ecofin Sustainable and Social Impact Term Fund and Ecofin Advisors Limited is the fund’s sub-adviser.

Safe harbor statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the fund and TCA believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the fund and TCA do not assume a duty to update this forward-looking statement.

Contact Information
For more information contact Eva Lipner at (913) 890-2165 or

SOURCE: Ecofin

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Philanthropist Daniel Neiditch Presents Mayor Adams With a Lifetime Achievement Award at Promise Project Charity Event

New York philanthropist Daniel Neiditch presented a Lifetime Achievement Award to New York City Mayor Eric Adams on Wednesday, January 31st, commemorating Adams’s dedication to the education of children in New York City.

MANHATTAN, NY / ACCESSWIRE / February 2, 2024 / Daniel Neiditch, a philanthropist and founder of River 2 River Realty, Inc., presented a Lifetime Achievement Award to New York City Mayor Eric Adams on Wednesday, January 31st, commemorating Adams’s dedication to the education of children in New York City. The event took place at Neiditch’s Atelier Condo building in New York.

Eric Adams receives a Lifetime Achievement Award from Promise Project Founder Daniel Neiditch
Eric Adams receives a Lifetime Achievement Award from Promise Project Founder Daniel Neiditch
Eric Adams receives a Lifetime Achievement Award from Promise Project Founder Daniel Neiditch

Dan Neiditch, a longtime proponent of child education and welfare worldwide, serves as a board member of the Promise Project Charity, which helps diagnose underprivileged children with learning disabilities and helps them receive a proper education – a cause reflective of both Mayor Adams’s ongoing advocacy and personal background. Growing up in Brooklyn, Adams was never properly diagnosed with dyslexia, which led to prolonged anxiety and difficulty with his self-image. When he was finally diagnosed in college, Adams pressed forward in his professional ambitions, eventually becoming a police captain and, later, the Mayor of New York City.

Daniel Neiditch and Eric Adams will continue to work together to ensure the children of New York City are educated properly – and that no child goes undiagnosed for dyslexia again.

Contact Information

Daniel Neiditch
President, River 2 River Realty

SOURCE: River 2 River Realty, Inc.


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Paragon Urges Individual Investors to Stand Up to Corporate Greed, Entrenchment and Deception by Ignoring OPT’s White Proxy Card

EASTON, PA / ACCESSWIRE / February 2, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company, owning approximately 4.8% of the outstanding shares of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company") ("OPT"), asks OPT shareholders to disregard and ignore any white proxy card or phone calls from OPT soliciting their votes.

This week, unable to get enough shareholder support, OPT’s Board postponed their annual meeting. Desperate to win the election by misleading shareholders, OPT may reach out to you by phone, email, or regular mail with more misleading statements about Paragon and the annual meeting in an attempt to capture your vote.

We urge all OPT shareholders to disregard ALL these messages from OPT and NOT to vote on ANY white proxy card. They have ignored YOU for years; now it is your turn to ignore them and show them who they are accountable to.

Here are the REAL facts:

  • During the past 3 plus years under CEO Stratmann and a newly composed Board, OPT shares have declined by approximately 90% percent.
  • Nearly every single day, OPT shares are declining and will likely continue to do so under the current strategy and misleading statements about the condition of the Company.
  • A significant portion of shares that support OPT are institutional funds investing other people’s money who typically vote according to bureaucratic mandates rather than the well-being of actual shareholders.

How can ANYONE vote for a Board that has lost their shareholders 90% of their capital in three years, while that same Board and CEO shamelessly give themselves significant raises and bonuses?

Here are some facts about Paragon Technologies and its nominees:

  • Since Hesham (‘Sham’) Gad was appointed CEO of Paragon Technologies and its automation subsidiary, Paragon shares have increased by nearly 800%.
  • Almost all of Paragon’s shareholders are individual investors, not institutions investing. We have created meaningful, market-beating value for the average investors who rely and trust on the good faith of management.

If you have voted ‘For’ or ‘Withhold’ on the WHITE proxy, it is not too late to change your vote. Please reach out to us and we will get you a BLUE proxy card.

OPT shares are trading for 29 cents today! We believe there is a real scenario that OPT shares will have little value a year from now. Protect your investment by entrusting OPT in the hands of proven, qualified directors who have delivered sustainable value for YOU, the individual investor.

Your voice matters. Protect your investment by disregarding any communication from OPT about voting the WHITE proxy card. After years of permanently destroying shareholder value and after Paragon publicly expressed its grave concerns, the CEO and Board have still failed to stop the continuous decline in the share price.

Please email us at with any questions about how to vote your BLUE proxy card.

We appreciate the support from shareholders thus far. If shareholders have any questions, please contact our Proxy Solicitor, Alliance Advisors at:

Alliance Advisors
200 Broadacres Drive, 3rd Floor
Bloomfield, NJ 07003
Toll-Free Phone: 855-200-8651

No matter how many shares you hold, we would like to hear from you. Please email us at if you need any help in voting your BLUE proxy.

By voting on Paragon’s BLUE universal proxy card, you can send a message to OPTthat you do not support their actions in relation to the Annual Meeting and attempting to block the recognition of Paragon’s nominees.

OPT has said that it will disregard proxy votes in favor of Paragon’s director nominees. Whether OPT may lawfully disregard Paragon’s director nominees is an issue that Paragon expects will be resolved by the Delaware courts.

Stockholders should review the section of Paragon’s proxy statement titled "Questions And Answers Relating To This Proxy Solicitation–Why is OPT saying it will disregard Paragon’s director nominations, and how does that impact proxies that stockholders provide to Paragon?"


Paragon Technologies, Inc., together with the other participants named herein, has filed with the Securities and Exchange Commission (the "SEC") a definitive proxy statement and an accompanying proxy card soliciting votes for the election of director nominees at the "2023" annual meeting of shareholders of Ocean Power Technologies, Inc., a Delaware corporation (the "company").

Paragon Technologies, Inc. is the beneficial owner of 2,639,853 shares of common stock of the company, par value $0.001 per share ("common stock").

Paragon Technologies, Inc., and Paragon’s director nominees Hesham M. Gad, Shawn M. Harpen, Jack H. Jacobs, and Samuel S. Weiser, are the participants in the proxy solicitation. Mr. Gad, Executive Chairman of Paragon’s Board of Directors and Chief Executive Officer of Paragon, and Messrs. Jacobs and Weiser, directors of Paragon, may be deemed to beneficially own the shares of the company’s common stock held by Paragon. Ms. Harpen does not own beneficially or of record any securities of the company. Updated information regarding the participants and their direct and indirect interests in the solicitation, by security holdings or otherwise, has been and will be included in Paragon’s proxy statement and other materials filed with the SEC.


SOURCE: Paragon Technologies Inc.

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