Still no deal?!?, page-57

Hi All RGS'ers.

Seems deadly quite here ------ early days though !

Part of last announc. by Coy:-28-2-19- not that long ago...

Regeneus Ltd (ASX: RGS) (Regeneus or the Company), a clinical-stage regenerative medicine company, ispleased to announce that its Board of Directors have put in place loan funding of $2.5m to extend theCompany’s funding runway for the development and licensing of its clinical assets.This funding has been led by the new CEO, Leo Lee, with support from other Directors.

The unsecured loanis for a term of 12 months. Each loan has been provided on identical terms to the Company on an armslength basis.Leo said “This additional finance reinforces the Directors’ ongoing commitment and confidence in theCompany and the ability to unlock value in its clinical assets”.The funding will provide Leo and the management team with the opportunity to continue to progress andoptimise the licensing discussions of the Company’s Progenza stem cell technology in Japan and reviewand explore options around the world for Progenza and Sygenus.END

Maybe some comments as to how things are progressing.............. last CEO indicated we would have a 'deal' well before this ???
Progression is always -not what one expects. Patience dear friends - me thinks ?

Always good to see those that are driving a Coy putting in their hard earned $$$$$$$$$ with those of Shareholders.


Keep safe all.- hope Easter was kind to you all !

The Phantom GWW