Regulus Grants Stock Options

December 17, 2014, (Vancouver) – Regulus Resources Inc. ("Regulus" or the “Company”, REG TSX:V)

The Company has granted certain directors, officers and employees incentive stock options to purchase up to 4,577,344 common shares at a price of $0.45 per share for a period of five years pursuant to its Stock Option Plan.

Please refer to the Regulus website, www.regulusresources.com, for additional information.

For Further Information, please contact:

Regulus Resources Inc.

John Black, Chief Executive Officer Phone: +1 720 514-9036 Mobile: +1-303 618-7797

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. All of Regulus’ exploration programs and pertinent disclosure of a technical or scientific nature are prepared by, or under the direct supervision of, John Black, Regulus’ President and CEO, who serves as the qualified person (QP) under the definitions of National Instrument 43-101.

Forward Looking Information

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration and acquisition activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration results, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.

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