Issue of Equity

Regency Mines PLC
06 April 2005



                                REGENCY MINES PLC

                                Issue of Equity


Dated: 6 April 2005

Regency Mines plc ('Regency' or the 'Company'), the mining exploration and
development company focused on base metals, in particular properties prospective
for copper in Central Queensland and nickel projects in Western Australia,
announced on 24 February 2005 that the Company had entered into a conditional
agreement to acquire an iron ore project at Mt Ida in Western Australia. All the
conditions of the agreement have now been met and the Company has issued
3,810,590 Ordinary Shares at 3.25p per Share to the Vendors as part of the
consideration for the Mt. Ida tenement. Application has been made for these
Shares to be admitted to trading on 12 April 2005.





Enquiries:

Andrew Bell     07766 474849   Regency Mines plc               Chairman

John Simpson   020 7512 0191   ARM Corporate Finance Ltd       Nominated Adviser

                  




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