ReGen III Closes $1.75 Million Private Placement

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[{"type":"text","content":"ReGen III Closes $1.75 Million Private PlacementVancouver, British Columbia--(Newsfile Corp. - July 14, 2025) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) (\"ReGen III\" or the \"Company\"), a leading clean technology company specializing in the upcycling of used motor oil (\"UMO\") into high-value Group III base oils, is pleased to announce it has closed its non-brokered private placement (the \"Placement\") announced May 27, 2025, issuing an aggregate of 8,750,000 Units (the \"Units\") at a price of $0.20 per Unit for aggregate gross proceeds of $1,750,000. Each Unit consists of one common share in the capital of the Company (a \"Share\") and one-half of one common share purchase warrant (each whole warrant a \"Warrant\"). Each Warrant entitles the holder to purchase an additional Share (a \"Warrant Share\") at an exercise price of $0.45 per Warrant Share for a period of two (2) years from the date of issuance. All securities issued in the Placement are subject to a hold period expiring on November 12, 2025. In connection with the closing of the Placement, the Company paid aggregate finders' fees of $47,450 in cash. Net proceeds from the Offering are intended to be used for general corporate purposes and working capital. The Offering is subject to the final approval of the Exchange.Insiders of the Company purchased 3,380,000 Units, representing 38.63% of the Units issued, with the associated common shares representing approximately 2.51% of the issued common shares following the concurrent closing of the Placement and the Debt Settlement (see below) and, if the associated warrants are exercised, an aggregate number of common shares representing approximately 3.72% of the then-issued common shares following the closings and deemed exercise of the Placement Warrants held by Insiders. The participation by insiders constitutes a \"related party transaction\" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (\"MI 61-101\"). The Company has relied upon the exemption from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(a), (b) and (c), and sections 5.7(1)(a) and (b), respectively, of MI 61-101.The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended ...

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