ReGen III to Settle Debenture Interest with Shares
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ReGen III Corp. will settle a debenture interest payment by issuing common shares, subject to TSX Venture Exchange approval.
December 31, 2024 | 9:15 pm
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NEUTRAL IMPACT
ReGen III Corp. will issue approximately 118,501 common shares to settle a $45,150 debenture interest payment, pending TSX Venture Exchange approval.
The issuance of shares to settle interest payments can dilute existing shareholders' equity, but the impact is minor given the small amount. The transaction is subject to regulatory approval, which adds a layer of uncertainty.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80