Regent Pacific Properties Inc. (TSXV:RPP) announced a non-brokered private placement of 5,000,000 common shares at CAD 0.05 per share for gross proceeds of CAD 250,000 on December 20, 2012.

On January 8, 2013, Regent Pacific Properties Inc. closed the transaction. No bonus, finder's fees, or commissions were paid in connection with the transaction. Eddie W.W. Yu, a director and an officer of the company, indirectly invested in the transaction. The securities being issued are subject to a hold period of four months from the date of closing of the transaction.