Dec 20 (Reuters) - Regeneus Ltd RGS.AX :
* MUTUALLY AGREED WITH JAPAN-BASED MANUFACTURER AGC INC TO TERMINATE THEIR EXCLUSIVE MANUFACTURING LICENCE AND JOINT VENTURE AGREEMENT
* AGC ELECTED TO CONVERT $2.5 MILLION OF UPFRONT, MILESTONE PAYMENTS INTO EQUITY OWNERSHIP IN CO OF ORDINARY SHARES AT A$0.16 PER SHARE