Regent Ventures Ltd. (TSXV:REV) announced a non-brokered private placement of 32,664,300 units at a price of CAD 0.01 per unit for gross proceeds of CAD 326,643 on November 14, 2012. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of CAD 0.05 per share for one year.

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.

On December 3, 2013, Regent Ventures Ltd. closed the transaction. The securities were subject to hold periods restricting them from trading, with respect to 5,500,000
units, until August 6, 2013 and, with respect to 2,500,000 units, until August 19, 2013.