Breaking News: ReGen III to Settle Debenture Interest with Shares – A Win-Win Solution!
Vancouver, British Columbia–(Newsfile Corp. – December 31, 2024) –
ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) (“ReGen III” or the “Company”), a leading clean technology company specializing in the upcycling of used motor oil (“UMO”) into high-value Group III base oils, announces it has elected, pursuant to the terms of its Series 2023-11.PP55CD-B Debentures, to pay the semi-annual interest payment due in the amount of $45,150 through the issuance of approximately 118,501 common shares at a price of $0.381 per common share. Completion of the transactions remains subject to the approval of the TSX Venture Exchange.
ReGen III Corp has recently made a strategic decision to settle its debenture interest payment with shares. This move not only benefits the company but also the debenture holders, making it a win-win solution for both parties involved. By issuing common shares in lieu of cash payments, ReGen III is able to conserve its cash reserves while still meeting its financial obligations. This demonstrates the company’s commitment to financial prudence and efficiency.
For the debenture holders, receiving shares instead of cash can be advantageous as it provides them with an opportunity to participate in the company’s future growth and success. If ReGen III continues to perform well in the market, the value of the shares could potentially increase, resulting in a higher return for the debenture holders.
Overall, this decision highlights ReGen III’s innovative approach to addressing financial challenges and its dedication to creating value for its stakeholders. By opting for a share-based settlement, the company is able to strengthen its balance sheet and enhance shareholder value in the long run.
How This Will Affect Me:
As an investor, this development could have a positive impact on me as a shareholder of ReGen III Corp. By settling the debenture interest with shares, the company is taking a strategic step towards improving its financial position and potentially increasing shareholder value. The decision shows a commitment to sustainable growth and could translate into long-term benefits for investors like myself.
How This Will Affect the World:
ReGen III’s innovative approach to settling debenture interest with shares sets a positive example for corporate sustainability and responsible financial management. By choosing a share-based solution, the company is not only conserving cash but also creating value for its stakeholders. This move demonstrates a commitment to sustainable business practices and could inspire other companies to adopt similar strategies for financial efficiency and stakeholder engagement.
Conclusion:
In conclusion, ReGen III’s decision to settle debenture interest with shares is a strategic move that benefits both the company and its stakeholders. By opting for a share-based solution, ReGen III is able to enhance shareholder value, conserve cash reserves, and demonstrate a commitment to sustainable growth. This win-win solution exemplifies the company’s dedication to financial prudence and efficiency, setting a positive example for the industry as a whole.
