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. All securities issued under this financing are subject to a hold period and cannot be traded until August 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In addition, the Company has withdrawn its proposed debt settlement previously announced.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.”