RGM.L Regulatory News (RGM)

Regency Mines Plc

("Regency" or the "Company")

Convertible Bond Conversion

27 January 2014

Regency Mines announces that YA Global Master SPV, Ltd. ('YA Global'), which is advised by Yorkville Advisors LLC ('Yorkville'), has converted £127,564 in unsecured Convertible Bonds 2014 into 33,783,627 ordinary shares of 0.1 pence each ("Shares") in the Company under the terms of the Convertible Bond Instrument ("Convertible") as announced on 27 November 2013, at a price of £0.0037759 per Share.  

As announced on 27 November 2013, the proceeds of the Convertible Note will be applied to debt reduction and to operational costs relating to Company projects in Sudan and Papua New Guinea.

Following the Subscription, the Company's total issued ordinary share capital will be 1,256,322,856 ordinary shares of 0.1p. Application has been made to the London Stock Exchange for the Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 31 January 2014.

For further information contact:

Andrew Bell0207 747 9960 or 0776 647 4849 Chairman Regency Mines plc

Colin Aaronson / David Hignell 0207 383 5100 NOMAD Grant Thornton UK LLP

Nick Emerson 01483 413500 Broker SI Capital Ltd.

Guy Wheatley 0207 382 8416 Joint Broker Beaufort Securities Ltd

Rupert Trefgarne 0203 128 8817 Media Relations MHP Communications