ReGen III Corp (TSE:GIII) has released an update.
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ReGen III Corp. has successfully closed the initial tranche of its convertible debenture offering, raising CAD$775,000 through the sale of 775 Units at CAD$1,000 each. These funds are earmarked for advancing the company’s re-refinery engineering, general working capital, and exploring potential mergers and acquisitions. The offering includes options for converting the debentures into common shares and warrants exercisable within a 24-month period.
For further insights into TSE:GIII stock, check out TipRanks’ Stock Analysis page.
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