Regent Ventures Ltd RGVNF

And how about this one?

[JennyB2]

From Investor's Hub...why doesn't Curtis ever cut and paste the stuff that could be really important to REV shareholders, who just happen to hold a substantial amount of EUGS shares?

News!
NEW YORK, NY -- (Marketwire) --10/16/09 -- EuroGas, Inc. (PINKSHEETS: EUGS) (FRANKFURT: EUG) (XETRA:EUG) (HAMBURG: EUG) (STUTTGART: EUG) today announced that it has enteredinto a loan and option agreement with Mr. Walter Storm, Chairman of theSupervisory Board, EurAsia Holding AG and Forstgarten InternationalHolding GmbH, an investmentcompanyowned by Dr. h.c. Stefan Kaltenbach, Vice Chairman, EurAsia Holding AG(the investors). Mr. Storm and Dr. h.c. Kaltenbach are, through theirrespective investment companies, the controlling shareholders of EurAsiaAG, an international privately held German investment companyconcentrating on the natural resources sector.

The investors,under the loan agreement, have forwarded EUR 680.000 (corresponding toapproximately USD 1,000,000) to EuroGas. The loan is repayable onOctober 1, 2010, and will carry an interest rateof 8%. These funds will be used for working capital.

Theinvestors have been granted an option and a right of first refusal toearn a 60% interest in all future EuroGas projects. (Hm? Tombstone? Red Mountain via Tombstone? Coincidence? Again, red is mine...JB2) Furthermore, theparties intend to enter into a Master Financing Agreement, under whichthe investors are to inject further funds into EuroGas or its operationsthrough a USD 7,000,000 convertible debenture. This agreement wouldenable the investors to convert their debenture into restricted EuroGascommon stock at prices ranging from USD 0.25-USD 0.50 per share over thenext 3 years (USD 0.25 per share in the first year; USD 0.35 in thesecond year; and USD 0.50 in the third year). The investorsand EuroGas have undertaken to immediately commence the negotiation ofthe final terms of the agreement, which is expected to be executedwithin the next few weeks.

"I am delighted to welcome WalterStorm's and Dr. Kaltenbach's involvement in EuroGas," said WolfgangRauball, Chairman, President and CEO, EuroGas. "Walter has been asteadfast and loyal EuroGas shareholder for many years, and has, alongwith Dr. Kaltenbach, the financialand management capabilities to enable EuroGas to wrest the maximumshareholder value from our rich asset portfolio."

Mr. WalterStorm is a highly successful industrialist with international resourceand industrial holdings. He is also the founder and a major indirectshareholder of EurAsia, which is the largest shareholder of OsiskoMining Corp., a TSE-listed company with a current market valuation inexcess of CAD$2 billion. According to a June 2009 Study by UBS Switzerland EurAsiaowns 42 million shares of Osisko's common stock which are currentlyvalued at in excess of USD 330,000,000. Mr. Storm, through EurAsia, wasOsisko's major financial backer through its exploration and developmentstages. The capital provided to Osisko by EurAsia enabled Osisko'smanagement team to build its market capitalization from USD 15 millionto its current level of more than USD 2 billion in less than five years.EurAsia's shareholders also own significant producing oil and gasinterests in Canada and Kazakhstan, as well as important global resourcesector related companies and assets. (https://eurasiaholding.com)

Dr. h.c. Stefan Kaltenbach is the former CEO and shareholderof a leading international manufacturer

of medical equipment which has over3,500 employees. Today, he is a private investor with extensiveholdings in international medical and resource industries, mainlythrough EurAsia. Together with Walter Storm, he spearheaded the financingof Osisko in its exploration and development stages.

AboutEuroGas, Inc.

EuroGas is a publicly traded oil and gascompany with assets in Ukraine and Poland, as well as talc mininginterests in the Slovak Republic. The company's common stock trades onthe Frankfurt, Hamburg and Stuttgart Stock Exchanges and XETRA inGermany under the symbol EUG and on the Other OTC (Pink Sheets) in theUnited States under the symbol EUGS. (www.eurogasinc.com)