ReGen III Closes Second Tranche of Private Placement

Executive Summary

• ReGen III Corp. closed the second tranche of its non‑brokered private placement, issuing 7,650,000 Units at $0.20 each for gross proceeds of $1,530,000.
• Combined with the initial tranche, total units issued to date equal 17,187,860 for aggregate gross proceeds of $3,437,572; a third and final tranche is expected to close on or before April 1, 2026 targeting a total of $4 M.
• Proceeds are earmarked for working capital, general corporate purposes, and repayment of debt; insiders subscribed for 2,875,000 Units, constituting a related‑party transaction exempt from MI 61‑101 valuation/approval thresholds.

Key Details

• Units Issued – Second Tranche: 7,650,000 Units @ $0.20 per Unit → Gross proceeds: $1,530,000.
• Unit Composition: 1 common share + ½ of a common share purchase warrant; each warrant allows purchase of one additional share at $0.30 for three years from issuance.
• Hold Period: Statutory four‑month hold ending July 28, 2026.
• Finder’s Fees Paid: $47,750 (cash).
• Total Issuance to Date: 17,187,860 Units → Aggregate gross proceeds: $3,437,572.
• Planned Final Tranche: Target total gross proceeds of $4 M; expected closing ≤ April 1, 2026.
• Use of Proceeds: Working capital, general corporate purposes, repayment of debt.
• Related‑Party Participation: Insiders subscribed for 2,875,000 Units; transaction qualifies for MI 61‑101 exemption (valuation < 25% of market cap).
• Regulatory Conditions: Closing subject to required approvals, including final TSX Venture Exchange approval.
• U.S. Securities Restrictions: Securities not registered under the U.S. 1933 Act; cannot be offered/sold in the United States or to U.S. persons except via exemption.

Notable Quotes

(No direct quotes were provided in the release.)