REGEN III CORP.


Associated tags: Recycling, BP, Regen, KPS, III, Economics, Construction, FSE, Security (finance), III Corps (United States)

Locations: TEXAS CITY, TEXAS, INDIA, MALAYSIA, MEXICO, NEW YORK, VANCOUVER, BRITISH COLUMBIA, UNITED KINGDOM, MI, EUROPEAN UNION, SINGAPORE, UNITED STATES, CANADA

ReGen III Submits Part I Application to the U.S. Department of Energy's Loan Programs Office

Retrieved on: 
Montag, März 4, 2024

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the patented ReGen™ process to upcycle used motor oil ("UMO") into high-value Group III base oils, is pleased to announce that the Company's subsidiary, RG3 Texas LLC, has submitted Part I of its application to the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") under the Title 17 Clean Energy Financing Program ("Title 17").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the patented ReGen™ process to upcycle used motor oil ("UMO") into high-value Group III base oils, is pleased to announce that the Company's subsidiary, RG3 Texas LLC, has submitted Part I of its application to the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") under the Title 17 Clean Energy Financing Program ("Title 17").
  • ReGen III's Part I application submission to LPO follows a detailed pre-application consultation process with the DOE, and pursuing this initiative supports management's broader objective of securing attractively priced, non-dilutive project-level financing.
  • The submission of the Company's application is the culmination of many months of work during which time the Company's technology and business plans were vetted by the DOE for Title 17 suitability.
  • Throughout this process, the Company also received several rounds of comprehensive Part I application feedback from DOE consultants.

ReGen III Commences Additional Pilot Study with KMPS and Engages ICP Securities Inc. for Automated Market Making Services

Retrieved on: 
Montag, Februar 26, 2024

Building on prior, successful pilot study work completed by Koch Modular Process Systems ("KMPS"), a subsidiary of Koch Industries , KMPS has commenced additional pilot testing at its Texas facilities.

Key Points: 
  • Building on prior, successful pilot study work completed by Koch Modular Process Systems ("KMPS"), a subsidiary of Koch Industries , KMPS has commenced additional pilot testing at its Texas facilities.
  • The primary purpose of this work is to generate samples of modified base oil products requested by major offtake purchasers.
  • As the process designer for ReGen III's Molecular Separation Unit ("MSU"), KMPS brings over 40 years of industry experience specializing in liquid-liquid extraction systems.
  • The pilot study is expected to wrap up in mid-April 2024, at which time the Company will deliver additional samples to these offtake parties.

ReGen III Provides Intellectual Property and Funding Update

Retrieved on: 
Mittwoch, Dezember 20, 2023

The Company is also informed that ReGen III's 2021 patent application to Intellectual Property India ("IPI") for the method and system for re-refining and upgrading used oil was recently granted.

Key Points: 
  • The Company is also informed that ReGen III's 2021 patent application to Intellectual Property India ("IPI") for the method and system for re-refining and upgrading used oil was recently granted.
  • Copies of the Letters Patent and a copy of the complete specification from the IPI have been received by ReGen III.
  • ReGen III continues to meet and engage with representatives of the U.S. Department of Energy's Loan Programs Office ("LPO") to incorporate feedback regarding the Company's draft application.
  • The Company recently submitted additional revisions and materials as part of the pre-application process, in advance of finalizing its formal application.

ReGen III Announces Closing of Initial Tranche of Convertible Debenture Offering

Retrieved on: 
Montag, November 20, 2023

Each Unit consists of CAD$1,000 in principal amount of unsecured convertible debenture (a "Debenture") and 1,000 common share purchase warrants (a "Warrant").

Key Points: 
  • Each Unit consists of CAD$1,000 in principal amount of unsecured convertible debenture (a "Debenture") and 1,000 common share purchase warrants (a "Warrant").
  • Each Warrant is exercisable to purchase one common share at a price of CAD$0.55 for a period of 24 months after closing.
  • The Debentures will be convertible at the option of the holder into common shares at a price of CAD$0.55 per common share.
  • The Debentures and Warrants issued in this first tranche and any underlying common shares are subject to a hold period expiring on March 18, 2024.

ReGen III Provides General Update and Announces Convertible Debenture Offering

Retrieved on: 
Montag, Oktober 30, 2023

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the ReGen™ patented process to recycle used motor oil ("UMO") into high-value Group III base oils, is pleased to provide the following corporate update.

Key Points: 
  • Throughout September and October, ReGen III entered into additional non-disclosure agreements.
  • Physical samples of ReGen III's Group III base oils were sent to these entities for their in-house laboratory testing.
  • ReGen III looks forward to receiving continued positive Group III synthetic base oil test results from the most recent sample recipients.
  • Each Unit will consist of a $1,000 in principal amount of unsecured convertible debenture (a "Debenture") and 1,000 common share purchase warrants of the Company (a "Warrant").

ReGen III Corp to Attend ILMA Annual Meeting 2023

Retrieved on: 
Dienstag, September 19, 2023

Vancouver, British Columbia--(Newsfile Corp. - September 19, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the ReGen™ patented process to recycle used motor oil ("UMO") into high-value Group III base oils, is pleased to announce its participation in the upcoming Independent Lubricant Manufacturers Association ("ILMA") Annual Meeting, scheduled to take place from October 7 to 10, 2023, at the JW Marriott Desert Springs Resort & Spa in Palm Desert, CA.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 19, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the ReGen™ patented process to recycle used motor oil ("UMO") into high-value Group III base oils, is pleased to announce its participation in the upcoming Independent Lubricant Manufacturers Association ("ILMA") Annual Meeting, scheduled to take place from October 7 to 10, 2023, at the JW Marriott Desert Springs Resort & Spa in Palm Desert, CA.
  • The ILMA Annual Meeting is a premier event for the lubricants industry, bringing together over 1,000 professionals, including manufacturers, distributors, raw materials suppliers, and solution providers.
  • ReGen III Corp. looks forward to meeting with industry colleagues, furthering the Company's offtake and strategic investment discussions, and gaining insights into emerging trends and sustainable lubricant innovations within the sector.
  • For more information about the ILMA Annual Meeting 2023, please visit www.ILMAAnnualMeeting.org .

ReGen III Working with Northern Trust for Development of Voluntary Carbon Credit Ecosystem

Retrieved on: 
Montag, September 11, 2023

Fully digital platform allows purchasers to transact tokenized carbon credits directly with project developers, such as ReGen III, and retire these against their carbon footprint

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 11, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce its participation in the development of a voluntary carbon credit ecosystem developed by Northern Trust ("NTRS").
  • We look forward to leveraging the platform to connect with institutional buyers of voluntary carbon credits," states Greg Clarkes, CEO of ReGen III.
  • Justin Chapman, global head of Digital Assets and Financial Markets at Northern Trust, said, "We are grateful to ReGen III and our other project developers for helping us reach this successful MVP milestone which lays the foundation for the development of an industry-wide voluntary carbon credit ecosystem, providing confidence and transparency through the lifecycle of a carbon credit transaction."
  • Northern Trust's ecosystem utilizes private ledger digital blockchain technology to connect institutional buyers with carbon credit suppliers who are focused on solutions to reduce greenhouse gases including carbon dioxide.

ReGen III Provides Corporate Progress Report

Retrieved on: 
Mittwoch, August 30, 2023

Vancouver, British Columbia--(Newsfile Corp. - August 30, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the ReGen™ patented process to recycle used motor oil ("UMO") into high-value Group III base oils, is pleased to provide the following corporate update.

Key Points: 
  • Physical samples of ReGen III's Group III base oils have been sent to a number of these entities for their in-house laboratory testing.
  • "In recent months, we have made significant progress," said Greg Clarkes, Chairman & CEO of ReGen III.
  • ReGen III is currently working through these comments with RJF's Public Finance/Debt Investment Banking team in advance of submitting the Company's formal application.
  • In addition to the LPO, ReGen III is exploring other incentives available to clean technology projects.

ReGen III Adds Raymond James & Associates, Inc. As Co-Advisor

Retrieved on: 
Dienstag, Juli 18, 2023

Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce that further to the Company's press releases dated February 24 , March 13 and June 29 , 2023, it has entered into a co-advisory agreement with Raymond James & Associates, Inc. ("Raymond James"), a subsidiary of Raymond James Financial, Inc. (NYSE: RJF), and National Bank Financial Inc. ("NBF").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce that further to the Company's press releases dated February 24 , March 13 and June 29 , 2023, it has entered into a co-advisory agreement with Raymond James & Associates, Inc. ("Raymond James"), a subsidiary of Raymond James Financial, Inc. (NYSE: RJF), and National Bank Financial Inc. ("NBF").
  • "We are thrilled to add Raymond James as a co-advisor alongside NBF for our project-level acquisitions," said Greg Clarkes, Chairman & CEO of ReGen III.
  • Raymond James' expanded engagement aligns well with ReGen III's growth strategy to establish multiple Group III re-refineries in North America and globally.
  • Once operational, it is expected to generate industry-leading economics as the world's largest producer of Group III base oil from re-refined UMO.

ReGen III: Investor Outreach for Texas City Capital Raise Commences

Retrieved on: 
Donnerstag, Juni 29, 2023

Over the past four months, ReGen III and its advisors have worked diligently to prepare and populate a new data room, create a marketing teaser document, craft a Confidential Information Memorandum (CIM), develop an updated financial model and identify the investor outreach list.

Key Points: 
  • Over the past four months, ReGen III and its advisors have worked diligently to prepare and populate a new data room, create a marketing teaser document, craft a Confidential Information Memorandum (CIM), develop an updated financial model and identify the investor outreach list.
  • "We are excited to see the progress made in our partnership with National Bank Financial and their outreach efforts to potential institutional investors," said Greg Clarkes, Chairman & CEO of ReGen III.
  • "We are grateful for the dedication and hard work of NBF's team in bringing our Texas City investment opportunity to the forefront.
  • National Bank Financial Inc. ("NBF") is acting as a financial advisor to ReGen III with respect to its Texas City capital raise.