Issue of Equity

Regency Mines PLC

('Regency' or the 'Company')

Issue of Equity

14 April 2011

Regency Mines, the mining exploration and mineral investment company with interests in copper and nickel in Western Australia, Queensland, and Papua New Guinea, and coal, announces that YA Global Master SPV, Ltd. ('YA Global'), which is advised by Yorkville Advisors LLC, has subscribed for 9,703,648 ordinary shares of 0.1 pence each ('Ordinary Shares') in the Company at a price of 4.122161 pence per Ordinary Share, under the terms of the Standby Equity Distribution Agreement ('SEDA') between Regency and YA Global, for a gross subscription amount of £400,000 (the 'Subscription').

Following the Subscription, the Company's total issued ordinary share capital will be 600,144,403 ordinary shares of 0.1p. Application has been made to the London Stock Exchange for the Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 20 April 2011.

For further information contact:

Andrew Bell 0207 402 4580 or Regency Mines plc Chairman

07766 474849

Sandra Spencer 0207 402 4580 or Regency Mines plc Public and

07757 660 798 Investor Relations

Peter Trevelyan-Clark/ 020 7444 0800 Religare Capital Markets Nominated Adviser

Ben Jeynes

Nick Emerson 01483 413500 Simple Investments Ltd Broker

Updates on the Company's activities are regularly posted on its website, www.regency-mines.com