Regent Ventures Ltd. announced that it expects to receive CAD 0.33 million in funding.
On April 5, 2013, the company closed its first tranche. The company issued 5,500,000 units for gross proceeds of CAD 55,000. The securities issued are subject to a hold period expiring on August 6, 2013.
On May 29, 2013, the company announced that it is continuing with the transaction. The company issued 2,500,000 units for gross proceeds of CAD 25,000. The securities issued in the tranche are subject to a hold period till August 19, 2013.
On August 21, 2013, the company announced that it is continuing with the transaction. The company has issued 8,000,000 units for gross proceeds of CAD 80,000 till date in the transaction.