ReGen III Closes Oversubscribed Private Placement

Executive Summary

• ReGen III Corp. closed the third and final tranche of its non‑brokered private placement, issuing 3 million Units at $0.20 each for gross proceeds of $600,000.
• Total units issued across all three tranches now equal 20,187,860 for aggregate gross proceeds of $4,037,572, strengthening the company’s balance sheet for working capital, general corporate purposes and debt repayment.
• Units consist of one common share plus half a warrant (exercise price $0.30, three‑year term); insiders purchased 2,875,000 units (~14.24% of the tranche).

Key Details

• Final Tranche Size: 3,000,000 Units @ $0.20 per Unit → Gross proceeds: $600,000.
• Cumulative Offering: 20,187,860 Units issued → Total gross proceeds: $4,037,572.
• Unit Composition: 1 common share + ½ warrant; each warrant allows purchase of one additional share at $0.30 for three years from issuance.
• Hold Period: Statutory four‑month hold ending August 2, 2026.
• Finders’ Fees Paid: $5,000 cash for the final tranche; total finders’ fees for the offering $80,750.
• Finder Firms: ATB Cormark Capital Markets, Canaccord Genuity Corp., Hampton Securities Ltd., Haywood Securities Inc., PowerOne Capital Markets Ltd., Ullman Wealth Management Inc.
• Legal Counsel: Wildeboer Dellelce LLP.
• Use of Proceeds: Working capital, general corporate purposes, repayment of debt.
• Insider Participation: Insiders bought 2,875,000 Units (≈14.24% of tranche); represents ~1.86% of outstanding common shares post‑closing; potentially ~2.62% on a partially‑diluted basis if warrants exercised.
• Related Party Transaction: Exempted from MI 61‑101 valuation and minority approval thresholds because the transaction value is <25% of market cap.
• Regulatory Conditions: Closing subject to TSX Venture Exchange final approval and other regulatory clearances.

Notable Quotes

“With Middle Eastern energy infrastructure severely impacted by regional conflict, global supplies of Group III base oils have tightened dramatically… This event underscores the growing importance of ReGen III’s circular, domestically sourced base oils. With our balance sheet strengthened, our focus is on near‑term commercialization opportunities…” – Tony Weatherill, CEO & President

All boilerplate, forward‑looking disclaimer, and contact information have been omitted for brevity.