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File: 2014 Dec 17 Regulus - Option Grants.docx


REGULUS GRANTS STOCK OPTIONS

December 28, 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 Vent
--->ure Exchange) accepts responsibility for the adequacy or accuracy of this release. All of Regulus' exploration program
--->s and pertinent disclosure of a technical or scientific nature are prepared by, or under the direct supervision of, Jo
--->hn Black, Regulus' President and CEO, who serves as the qualified person (QP) under the definitions of National Instru
--->ment 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 acqu
--->isition activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of produ
--->ction estimates and projected exploration and capital expenditures (including costs and other estimates upon which suc
--->h 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 assumption
--->s, such statements are not guarantees of future performance and actual results or developments may differ materially f
--->rom those in forward-looking statements. Factors that could cause actual results to differ materially from those in fo
--->rward-looking statements include metal prices, exploration results, continued availability of capital and financing, a
--->nd general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-lo
--->oking statements.