Regent Ventures Ltd RGVNF

AAA Capital Energy

[barabing]

To the best of my knowledge there has been no negative developments or news. Everything in on track. Here's an excerpt from a previous news release; Great buy opportunity; -------------------------------------------------------- Regent has been advised by the Vendor that on January 13, 2006 he has entered into an agreement with AAA Capital Energy AG (“AAA”), a German Energy Fund, to sell a 55% interest in McCallan to AAA in return for AAA committing to provide in the order of $100,000,000 in capital contribution to McCallan over two years to fund the exploration and development of the concessions. Under the terms of the January 13, 2006 Agreement McCallan is to receive a total of US$23,000,000 on or before April 30, 2006 with the balance to be received in several tranches on or before December 31, 2007.