The Board of Regis Resources Limited (ASX: RRL) (Regis) is pleased to announce the introduction of a Dividend Reinvestment Plan (DRP) and a fully franked dividend of A$0.08 per share in respect of the year ended 30 June 2020.

Regis will pay a fully franked dividend in respect of the 2020 financial year of A$0.08 per share, to be paid on Friday 16 October 2020. Key dates in relation to the dividend are as follows:

Dividend amount 8 cents per share fully franked

Ex-dividend date 25 September 2020

Record date 28 September 2020

Price calculation period 29 Sept - 5 Oct 2020 (inclusive)

Dividend Reinvestment Plan Election Date 29 September 2020

Payment/Issue date 16 October 2020

The DRP will apply to the dividend announced today. The DRP allows eligible shareholders to nominate to re-invest part or all of their dividend into Regis shares. The DRP provides that a discount may be applied to shares issued under the DRP at the discretion of the Company. No brokerage, commission or other transaction costs will be payable by eligible shareholders on shares acquired under the DRP.

A 1% discount to the 5 day volume weighted average price will apply to allotments made under the DRP for the 2020 final dividend announced today. The dividend will be paid in Australian dollars. Shareholders can read the full terms and conditions set out in the rules of the DRP and a set of frequently asked questions about participation in the DRP that are attached or are available online at the Company's website https://www.regisresources.com.au/dividend-reinvestment-plan.

Participation in the DRP is not automatic, and eligible shareholders need to respond to correspondence from the Share Registry or elect to participate online via the attached Election Form available at https://www.computershare.com.au/easyupdate/rrl by 5pm AEST on 29 September 2020.

The key features of the DRP include: Participation is voluntary.

Shareholders must have a registered address in Australia or New Zealand to participate.

Shareholders can increase their shareholding by reinvesting any dividends they may be entitled to in additional shares.

Shareholders can have all or part of their shares participating in the DRP.

Shareholders do not have to appoint a broker and will not pay any fees, brokerage or other transaction costs for shares allocated under the DRP.

Shareholders can join, withdraw, or vary participation in the DRP at any time.

Shares acquired under the DRP will rank equally with existing shares.

Shares may be issued at a discount.

DRP statements outlining the dividend calculation and details of participation will be mailed to shareholders on, or as soon as practicable after, the date the dividend is paid (and shares are issued or transferred to them).

Those interested shareholders are strongly encouraged to read the full terms and conditions set out in the rules of the DRP and seek financial advice before electing to participate. Shareholders are encouraged to ensure their contact details and payment preferences held with the Share Registry are up to date via https://www.computershare.com.au/easyupdate/rrl. If you have any questions, please contact Computershare Investor Services on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia).

Contact:

Tel: +61 8 9442 2200

Fax: +61 8 9442 2290

Email: enquiries@regisresources.com

(C) 2020 Electronic News Publishing, source ENP Newswire