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 set tlement 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.”