ReGen III Corp. announced a non-brokered private placement of common shares on April 8, 2022.

On the same date, the company issued 1,347,245 common shares at a price of CAD 1.70 per share for gross proceeds of CAD 2,290,316 in the first tranche closing. The transaction included participation from existing shareholders. The company paid a cash finder's fee of CAD 82,015 to Blue Deer Capital Partners Inc. The shares issued are subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.