On December 20, 2023, ReGen III Corp closed the transaction. The company has issued 645 Convertible Debenture Units at a price of CAD 1,000 per Unit for aggregate gross proceeds of CAD 645,000 in its second and final tranche closing. The company has now issued total 3,000 Convertible Debenture Units at a price of CAD 1,000 per Unit for total gross proceeds of CAD 3,000,000 in the transaction. The Debentures and Warrants issued in the second tranche and any underlying common shares are subject to a hold period expiring on April 21, 2024. In connection with the second tranche, the company
paid finder fees of CAD 30,000 in cash. The transaction included participation from Brad White acquired ownership or control over 145 Convertible Debentures and 145,000 Warrants of the Issuer. This represents an approximate 0.31% change in White?s shareholding. Immediately prior to the Private Placement, investor owned and controlled an aggregate of 12,614,090 common shares, 666,750 warrants and 700,000 stock options, representing approximately 10.66% of the issued and outstanding shares of the Issuer on a non-diluted basis and approximately 11.68% on a partially diluted basis assuming investor exercise of his warrants and options. Immediately following the Private Placement, investor owns, controls or directs an aggregate of 12,614,090 common shares, 811,750 warrants, 700,000 options and 145 Debentures, representing approximately 10.66% of the issued and outstanding shares of the of the Issuer on a non-diluted basis and approximately 11.98% on a partially diluted basis assuming White?s exercise or conversion of his warrants, options and Debentures.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 19 placees, 1 existing insider for 263,636 debentures and 2 pro groups for 363,636 debentures. The company ahs paid total finder's fees of CAD 117,750 in cash.