Investors

Vancouver, British Columbia, February [13], 2024. Regal Resources Inc. (the “Company” or “Regal”) is pleased to announce that the maturity date of its outstanding convertible debentures issued on February 10, 2022 and due on February 12, 2024 (the “Convertible Debentures”) has been extended (the “Extension”) by one year to February 12, 2025. Pursuant to the Extension, all accrued and unpaid interest along with the principal amounts will become due and payable on February 12, 2025.

About the Company

Regal Resources is a junior mineral exploration and development company based in Vancouver, British Columbia whose sole mineral project is its interest in the Sunnyside Project near Nogales, Arizona. Regal Resources is a reporting issuer in the provinces of British Columbia, Alberta, and Ontario.

ON BEHALF OF THE BOARD

Greg Thomas
Chief Executive Officer

For further information contact:

Regal Resources Inc.
Telephone: (604) 512-6041
Email: info@regalres.com

Statements in this news release contain “forward looking information” under Canadian Securities Laws (referred to as “forward-looking statements”). Forward looking statements are based on the Company’s current expectations and estimates concerning future events. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur. Forward looking statements in this news release include comments regarding the maturity date of the Convertible Debentures and the payment of principal and interest on the extended maturity date. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in the forward-looking statements. Such factors include, among others, receipt of regulatory approvals, the availability to the Company of additional funds , and the state of financial markets. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company does not intend to update any forward-looking statement. Forward-looking statements are not guarantees of future performance and accordingly the reader should not place undue on forward looking statements.