Regenx Revises Non-Brokered Financing for Gross Proceeds to
From GlobeNewswire:
Regenx Tech Corp. has revised their Convertible Debenture Financing Offering, raising $1,700,401.73. The Debentures will bear 15% interest annually and mature on December 31, 2025. Holders have the option to convert them to Common Shares at a set price. The company will also issue warrants for each $1,000 Debenture, which allows the Subscriber to purchase a common share at a later date. Insiders of the company have purchased $280,000 of the Offering. All securities are subject to a four month plus one day hold period before they can be sold. This news does not constitute an offer of securities for sale in the United States. For further information visit www.regenx.tech.
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