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by Mike Caswell

Regency Silver Corp. denies that it did anything wrong in firing its former president, Gijsbert Groenewegen, who is suing over his dismissal. The company says that Mr. Groenewegen's efforts at raising money were unsatisfactory and he had become excessively critical of the company's board. He eventually became so "hostile, accusatory and combative" that his relationship with the board was irreconcilably broken, according to Regency.

The statements from the company come about six months after Mr. Groenewegen's firing. On April 17, 2025, the company issued a news release in which it said that Mr. Groenewegen had "ceased to be" the president, chief executive officer and a director of the company. The news release made no mention of the circumstances of the dismissal, only saying that the company had appointed Bruce Bragagnolo in Mr. Groenewegen's place.

The firing soon drew the lawsuit from Mr. Groenewegen, who filed a notice of claim in the Supreme Court of British Columbia on Sept. 4, 2025. He complained that Regency had no good reason to terminate his job. He said that the dismissal came after the company had asked him to sell a block of escrow shares to an investor group at a reduced price. Mr. Groenewegen refused, citing what he said were "legal and ethical implications" of the transaction. The company then initiated a "performance review" and dismissed him, he complained. The lawsuit seeks damages that are to include a $120,000 management fee.

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