Regency Gold Proposes Debt Settlement

REGENCY GOLD CORP.

Suite 1703 – 595 Burrard Street Vancouver, B.C. V7X 1J1

PRESS RELEASE

For Immediate Release October 29, 2018 Vancouver, British Columbia

REGENCY GOLD PROPOSES DEBT SETTLEMENT

Vancouver, BC – October 29, 2018 - Regency Gold Corp. (RAU.H: TSX.V) (the “Company”) announces that it has received verbal acceptances from certain creditors and proposes to issue up to 1,406,250 shares at a price of $0.16 per share in respect of amounts due to its Chief Executive Officer, Chief Financial officer and consultants for past services.. This settlement will allow the Company to preserve its cash for general corporate purposes and to fund the investigation of other potential acquisitions.

The debt settlement is subject to compliance with applicable securities laws and to receipt of regulatory approval, and will not result in any new control persons.

On Behalf of the Board,

Bill Radvak President and CEO Telephone: (778) 888-4101 Email: [email protected]

“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.”