Regal Resources Inc. announced a non-brokered private placement of 1,000,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 100,000 on April 8, 2014. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.15 per share for a period of one year from the date of closing.

On June 23, 2014, the company announced that it has amended the terms of the transaction. The company will now issue 1,000,000 units at a price of CAD 0.09 per unit for gross proceeds of CAD 90,000. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.10 per share for a period of two year from the date of closing. The securities issued are subject to the hold period of four months and one day.

On September 3, 2014, the company amended the terms of the transaction. The company will now issue 5,555,556 units for gross proceeds of up to CAD 500,000.