REG Regulus Resources Inc

Regulus Resources Inc. ("Regulus" or the "Company"), (TSX VENTURE:REG) is
pleased to announce that the board of directors (the "Board") of Regulus has
adopted an advance notice by-law (the "Advance Notice By-law"). The Advance
Notice By-law sets forth provisions requiring advance notice to the Company in
circumstances where nominations of persons for election to the Board are made by
shareholders of the Company other than pursuant to: (i) a "proposal" made in
accordance with section 136(1) of the Business Corporations Act (Alberta) (the
"Act"); or (ii) or a requisition of the shareholders made in accordance with
section 142(1) of the Act. More specifically, the Advance Notice By-law fixes a
deadline by which holders of record of common shares of Regulus must submit
director nominations to the Chief Executive Officer of the Company prior to any
annual or special meeting of shareholders and sets forth the specific
information that a shareholder must include in the written notice to the Chief
Executive Officer of the Company for an effective nomination to occur. No person
will be eligible for election as a director of the Company unless nominated in
accordance with the provisions of the Advance Notice By-law. 


In the case of an annual general meeting of shareholders, notice to the Chief
Executive Officer of the Company must be made not less than 30 nor more than 65
days prior to the date of the annual general meeting of shareholders; provided,
however, that in the event that the annual general meeting of shareholders is to
be held on a date that is less than 50 days after the date (the "Notice Date")
on which the first public announcement of the date of the annual meeting was
made, notice by the nominating shareholder may be made not later than the close
of business on the tenth (10th) day following the Notice Date.


In the case of a special meeting (which is not also an annual general meeting)
of shareholders called for the purpose of electing directors (whether or not
called for other purposes), notice to the Chief Executive Officer of the Company
must be made not later than the close of business on the fifteenth (15th) day
following the day on which the first public announcement of the date of the
special meeting of shareholders was made. 


The Advance Notice By-law is now effective and in full force and effect. The
Advance Notice By-law will be put to shareholders of the Company for approval at
its upcoming annual general and special meeting of shareholders scheduled for
April 17, 2014. If the Advance Notice By-law is not confirmed at the meeting by
ordinary resolution of shareholders, the Advance Notice By-law will terminate
and be of no further force and effect following the termination of the
shareholders meeting. 


The full text of the Advance Notice By-law is available via SEDAR at
www.sedar.com or upon request by contacting the Corporate Secretary of the
Company at (604) 681-4462 or by email at
megan.cameron-jones@regulusresources.com.


About Regulus Resources Inc.

Regulus Resources Inc. (TSX VENTURE:REG) is a mineral exploration company formed
in December, 2010 in connection with the sale of Antares Minerals Inc. to First
Quantum Minerals Ltd.. Regulus has been exploring the Rio Grande Cu-Au-Ag
porphyry project in Salta Province of NW Argentina on a 50/50 joint-venture
basis with Pachamama Resources. In May 2012, the two companies merged under the
name Regulus Resources to consolidate a 100% interest in the project.


Forward-Looking Information

This press release contains forward looking statements. More particularly, this
press release contains statements concerning the anticipated date of the
Company's annual general and special shareholders meeting and the anticipated
shareholder approval of the Advance Notice By-law. Although Regulus believes
that the expectations reflected in these forward looking statements are
reasonable, undue reliance should not be placed on them because Regulus can give
no assurance that they will prove to be correct. Since forward looking
statements address future events and conditions, by their very nature they
involve inherent risks and uncertainties. The Company's annual general and
special meeting may be delayed. Shareholders may not approve the Advance Notice
By-law. Accordingly, there is a risk that the Advance Notice By-law will only be
in force for a brief period of time.


The forward looking statements contained in this press release are made as of
the date hereof and Regulus undertakes no obligation to update publicly or
revise any forward looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Regulus Resources Inc.
John E. Black
President / CEO / Director
+1 720 514-9036
john.black@regulusresources.com

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