Issue of Equity

RNS Number : 8581S

Regency Mines PLC

05 December 2012

REGENCY MINES PLC

Issue of Equity

Dated: 05 December 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 10,973,595 ordinary shares of 0.1p each ("Shares") at a price of 0.8201505 pence per Share to YA Global Master SPV ("YA Global") to raise £90,000 ("Issue").

The net proceeds of the Issue will be applied towards field exploration activities in Sudan and interest repayments under the loan agreement entered into with YA Global which was announced on 17 June 2011.

Additionally, the Company announces that in accordance with the announcement made on 30 November 2012, the Company has exercised its Agromineral Option ("the Option") with International Mineral Resources (Agrominerals Sudan) ("IMRAS"). Accordingly, the Company has issued 6,088,488 ordinary shares of 0.1p each ("Fee Shares") at a price of 1.025 pence per Share in order to satisfy the terms of the Option as originally announced on 4 July 2012 and 16 August 2012.

Following the issue of Shares and Fee Shares, the Company's total issued ordinary share capital will be 825,449,788 ordinary shares. Application has been made to the London Stock Exchange for the new Shares and Fee 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 11 December 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