Regency GOLD Closes Private Placement

REGENCY GOLD CORP.

Suite 1703 – 595 Burrard Street

Vancouver, B.C. V7X 1J1

PRESS RELEASE

For Immediate Release

April 5, 2018

Vancouver, British Columbia

REGENCY GOLD CLOSES PRIVATE PLACEMENT

Vancouver, BC – April 5, 2018 - Regency Gold Corp. (RAU.H: TSX.V) (the “Company”) announces that,

further to its press release dated January 26, 2018, it has closed a non -brokered private placement,

subject to final regulatory approval.

Pursuant to the financing, the Company has issued an aggregate of 11,111,112 Units at a price of $0.09,

for gross proceeds of $1,000,000. Each Unit is comprised of one common share and one common share

purchase warrant exercisable at a price of $0.12 for a period of 12 months from the issue date. A ll

securities issued under this financing are subject to a hold period and cannot be traded until Augus t 5,

2018. Proceeds of the financing will be used for general working capital.

In addition, the Company has withdrawn its proposed debt settlement previously announced.

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.”