Regent Ventures Ltd RGVNF

RE: Eurogas Update. . Corrections to Curtis

[Monedas1]

Curtis, You will LIKE these answers. Please check again with a more reliable source. 1. McCallan’s books are already audited as are all privately held companies making multi-national deals and this is good for shareholders. Do you believe the Polish government and Polish Oil and Gas signed a deal with a company who doesn’t have an auditor? 2. The exchange already approved the 6% and that is why Regent’s attorney announced publically that Regent would exercise the option. If any other problems exist with the exchange, these can be resolved in multiple ways. 3. You are incorrect in your interpretation of the anti-dilution clause. Regent has a right to 45% of whatever McCallan is paid or receives for any concession or asset sold. So if McCallan get 1 million shares of EuroGas for the CMB concession, Regent is entitled to 450,000 shares. The 45% does not follow the asset to the new owner. My original point is correct. McCallan can sell the assets for whatever price is negotiated with the buyer and Regents has no power to stop the sale. The anti-dilution clause was clearly a good thing but is standard good, business practice and not some innovative thinking on the part of our attorney.