Issue of Equity

RNS Number : 5807Q

Regency Mines PLC

07 November 2012

REGENCY MINES PLC

Issue of Equity

Dated:07 November 2012

Regency Mines plc announces that pursuant to a drawdown by the Company of facilities provided under the terms of the Amended Standby Equity Distribution Agreement announced on 20 June 2011 ("the Agreement"), the Company has issued 11,130,366 ordinary shares of 0.1p each ("Shares") at a price of 0.898 pence per Share to YA Global Master SPV ("YA Global") to raise £100,000 ("Issue"),

The net proceeds of the Issue will be applied towards servicing debt repayments under the loan agreement entered into with YA Global which was announced on 17 June 2011 and for working capital purposes.

Following the Placing, the Company's total issued ordinary share capital will be 808,387,705 ordinary shares. Application has been made to the London Stock Exchange for the new Shares, which rank pari passu with the Company's existing issued Shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 13 November 2012.

For further information contact:

Enquiries:

Andrew Bell	020 7402 4580 or 07766 474849	Regency Mines plc	Chairman
Sandra Spencer	020 7402 4580 or 07757 660 798	Regency Mines plc	Public and Investor Relations
Gerry Beaney/ Daniela Amihood	020 7383 5100	Grant Thornton Corporate Finance	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker