Regenx Secures Non-Brokered Financing of Over $500,000
January 1, 2025 - 07:30
EDMONTON, Alberta, Dec. 31, 2024 – Regenx Tech Corp. has announced the successful completion of a non-brokered financing initiative, securing gross proceeds totaling $503,423 through debenture financing. This financial move is aimed at bolstering the company’s operational capabilities and strategic initiatives.
The debentures issued under this financing will accrue interest at a significant rate of 15% per annum. In an attractive incentive for investors, each $1,000 invested in the debenture will grant the subscriber 500 warrants. These warrants provide the opportunity to purchase common shares of the company, potentially enhancing shareholder value in the future.
This financing effort underscores Regenx's commitment to advancing its business objectives while providing investors with an appealing return on their investment. The company is poised to utilize these funds effectively, paving the way for future growth and development in the technology sector.
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