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ReGen III to Present at the OTCQB Venture Virtual Investor Conference August 7, 2025
GlobeNewswire News Room· 2025-08-01 12:35
Core Insights - ReGen III Corp. is a clean technology company focused on upcycling used motor oil into high-value Group III base oils, which are essential for modern synthetic lubricants [4][5] - The company aims to reduce CO2e emissions by 82% compared to virgin crude derived base oils [4] - ReGen III has completed FEL2 and value engineering for its 5,600 bpd UMO recycling facility in Texas, positioning itself to become the largest producer of sustainable re-refined Group III base oil [5][9] Recent Developments - CEO Tony Weatherill will present at the OTCQB Venture Virtual Investor Conference on August 7, 2025, allowing real-time interaction with investors [1][2] - The company recently completed a $1.75 million private placement with 38.6% insider participation, indicating strong confidence in its technology and market position [9] - ReGen III is advancing commercial agreements and strategic alliances with major industry participants, enhancing its growth potential [9]
ReGen III Closes $1.75 Million Private Placement
Newsfile· 2025-07-14 04:01
Core Points - ReGen III Corp. has successfully closed a non-brokered private placement, issuing 8,750,000 Units at a price of $0.20 per Unit, resulting in gross proceeds of $1,750,000 [1][2] Group 1: Private Placement Details - Each Unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at an exercise price of $0.45 for two years [2] - Insiders purchased 3,380,000 Units, representing 38.63% of the total Units issued, which translates to approximately 2.51% of the issued common shares post-placement [4] - The net proceeds from the offering are intended for general corporate purposes and working capital, with the offering subject to final approval from the Exchange [3] Group 2: Debt Settlement and Corporate Strategy - The Company has received approval to settle certain debts by issuing 221,972 common shares at a deemed price of $0.2034 per share, with a hold period until November 12, 2025 [10] - The CEO expressed gratitude to shareholders and highlighted the strong insider participation as a sign of confidence in the Company's technology and market potential [6] Group 3: Company Overview and Future Plans - ReGen III specializes in upcycling used motor oil into high-value Group III base oils, aiming to reduce CO2e emissions by 82% compared to virgin crude-derived base oils [11] - The Company has completed FEL2 and value engineering for its Texas recycling facility, positioning itself to become the largest producer of sustainable re-refined Group III base oil [12] - ReGen III has engaged Couloir Capital Ltd. for investor-focused equity research coverage, paying a one-time fee of $45,000 for three reports [7]
ReGen III Settles Debenture Interest with Shares
Newsfile· 2025-06-18 21:00
Core Points - ReGen III Corp. has received approval from the TSX Venture Exchange for a shares-for-debt transaction to settle $164,850 in debenture interest through the issuance of 824,250 common shares at a deemed price of $0.20 per share [1] - The transaction includes the issuance of 122,500 shares to certain insiders, qualifying as a related party transaction under Multilateral Instrument 61-101, with exemptions applied due to the fair market value being below 25% of the company's market capitalization [2] - ReGen III specializes in upcycling used motor oil into high-value Group III base oils, with its patented ReGen™ technology expected to reduce CO2e emissions by 82% compared to virgin crude derived base oils [3] - The company has completed FEL2 and value engineering for its 5,600 bpd UMO recycling facility in Texas, supported by various engineering and construction teams [4] Company Overview - ReGen III is focused on creating sustainable solutions that provide better environmental outcomes and compelling economics in the base oils market [3] - The company aims to become the world's largest producer of sustainable re-refined Group III base oil, operating in an underserved segment of the market [4]
ReGen III Announces Settlement of Debenture Interest with Shares, Sale of Non-Core Asset, and Patents Update
Newsfile· 2025-06-02 04:01
Core Insights - ReGen III Corp. has opted to pay a semi-annual interest payment of $164,850 on its Series 2023-11.PP55CD-A Debentures through the issuance of approximately 855,598 common shares at a price of $0.19267 per share, pending approval from the TSX Venture Exchange [1] - The company has successfully sold a non-core asset, the Slocan Property, for gross proceeds of $295,000, which was acquired during a business combination in 2010 [2] - ReGen III has received a granted patent for its technology in Brazil, marking its first patent in the country, which has a significant re-refining rate and bans the burning of used motor oil [3] - The European Patent Office granted ReGen III a patent on April 2, 2025, and the company is moving towards the national validation stage in member states [4] - The company currently holds 22 patents issued or granted for its ReGen™ process and has 11 patents pending globally [5] - ReGen III's ReGen™ technology aims to upcycle used motor oil into high-value Group III base oils, with an expected reduction of CO2e emissions by 82% compared to virgin crude-derived base oils [6] - The company has completed FEL2 and value engineering for its 5,600 bpd UMO recycling facility in Texas, collaborating with several engineering and construction firms [7] - ReGen III aims to become the world's largest producer of sustainable re-refined Group III base oil, operating in an underserved segment of the base oils market [7]
ReGen III Appoints Liam Gallacher to Board of Directors
Newsfile· 2025-04-28 21:01
Core Insights - ReGen III Corp. has appointed Liam Gallacher to its Board of Directors, bringing extensive expertise in business development, finance, and governance within the oil, energy, and sustainability sectors [1][2][5] Company Overview - ReGen III specializes in upcycling used motor oil (UMO) into high-value Group III base oils, aiming to lead in the innovation and development of sustainable lubricants [1][7] - The company's patented ReGen™ technology is expected to reduce CO2e emissions by 82% compared to virgin crude-derived base oils [7] Leadership and Expertise - Liam Gallacher has a strong background in capital markets, having served as Vice President of Business Development at Cannonball Capital Inc. and held roles at Morgan Stanley and Raymond James [2][3] - His experience includes contributions to fundraising and strategic initiatives at Revalesio Corporation and involvement in the private equity buyout of Green Energy Services [2] Strategic Initiatives - The company has completed FEL2 and value engineering for its 5,600 bpd UMO recycling facility in Texas, supported by leading engineering and construction teams [8] - ReGen III aims to become the world's largest producer of sustainable re-refined Group III base oil, operating in an underserved segment of the base oils market [8] Stock Options - ReGen III has granted 1,475,000 stock options to certain directors and officers, exercisable at $0.30 per option and valid for five years [6]
ReGen III Provides Update on Strategic Initiatives and Industry Engagement
Newsfile· 2025-04-16 20:40
Core Insights - ReGen III Corp. is focused on upcycling used motor oil into high-value Group III base oils, positioning itself to capitalize on the evolving base oils and lubricants industry [1][3] - The company aims to deliver significant updates in 2025 that will positively influence its market trajectory [3] Industry Overview - The Group III market is expected to grow robustly, driven by demand for synthetic oils from OEMs and consumers, which provide superior engine protection and improved fuel economy [5] - There is a notable industry shift towards sustainability and circular re-refined base oils (RRBOs) to reduce carbon footprints, with major oil and gas companies investing in re-refineries [5] Company Initiatives - ReGen III has prioritized commercial engagement, expanding its network of potential off-takers through proactive outreach and participation in industry conferences [5] - The company is actively pursuing strategic partnerships to accelerate market entry, with potential off-takers showing interest in forming strategic relationships [5] - Kirk McNamara has joined as a consultant, bringing over 15 years of experience in the base oils industry, which will enhance ReGen III's commercial strategy [5] Environmental Impact - The ReGen™ process is expected to reduce CO2e emissions by 82% compared to virgin crude-derived base oils [7] - ReGen III aims to become the world's largest producer of sustainable re-refined Group III base oil, operating in an underserved segment of the market [8]