BULLETIN V2025-4054
REGEN III CORP. ("GIII")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures, Replacement
BULLETIN DATE: December 15, 2025
TSX Venture Tier 2 Company
Further to the TSX Venture Exchange (the "Exchange") bulletin dated January 23, 2024 and July 16, 2024, the Exchange has accepted for filing the following replacement debentures:
Financing Type: Non-Brokered Private Placement
Original Offering: $3,000,000 principal amount of convertible debentures convertible into 5,454,546 Listed Shares with 3,000,000 detachable warrants
$1,075,000 principal amount of convertible debentures convertible into 1,954,544? Listed Shares with 1,075,000 detachable warrants
Amended Offering: $3,975,000 principal amount of convertible debentures convertible into 15,900,000 Listed Shares with 1,987,500 detachable warrants
Original Conversion Price: $0.55 per Listed Share
Amended Conversion Price: $0.25 per Listed Share
Original Maturity Dates: November 17, 2025 ($2,355,000 principal amount)
December 20, 2025 ($645,000 principal amount)
May 30, 2026 ($775,000 principal amount)
July 16, 2026 ($300,000 principal amount)
Amended Maturity Date: December 15, 2027
Original Interest Rate: 14% per annum
Amended Interest Rate: 12% per annum
Original Warrant Exercise
Terms: 3,000,000 warrants to purchase 3,000,000 Listed Shares at a price of $0.55 per share for a period of 24 months after closing.
1,075,000 warrants to purchase 1,075,000 Listed Shares at a price of $0.55 per share for a period of 24 months after closing.
New Warrant Exercise Terms: 1,987,500 warrants to purchase 1,987,500 Listed Shares at a price of $0.35 per share, expiring on December 15, 2027
Commissions in Securities: N/A
Disclosure: Refer to the company's news releases dated November 6, 2025, November 17, 2025 and December 10, 2025.
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