Reign Sapphire Corporation Corporate Action Update LOS ANGELES, CA, Feb. 25, 2020 -- via OTCMARKETS -- Reign Sapphire Corporation (OTCPK: RGNP) (Reign) announces that as disclosed in its Form 8-K filed on November 14, 2019, and in its Definitive 14C Information Statement filed on October 2, 2019, Reign approved an amendment to its articles of incorporation to effect a reverse stock split, as well as a corporate name change. Reign has been informed that FINRA has determined the application to be deficient. At this time, Reignis assessingits options with respect to the deficiency. About Reign Sapphire Corp Reign Sapphire Corp. (OTCQB: RGNP) is a Los Angeles-based sapphire company selling ethically produced sapphires. For more information, visitwww.ReignSC.com