Regent Ventures Ltd. announced that it has received CAD 0.16 million in funding.
On July 11, 2012, the company announced that it is still in the process to complete the transaction. The company may pay a commission or finder's fee in cash and/or securities with respect to the transaction.
On October 5, 2012, Regent Ventures Ltd. closed the transaction. The company issued 3,150,000 units to 10 investors for gross proceeds of CAD 157,500. The company paid finder's of CAD 3,570 in cash in connection with the transaction. Out of the securities issued, the hold period for 1,150,000 units expires on June 18, 2012 and for 2,000,000 units the hold period expires on November 11, 2012.