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ReGen III Corp. V.GIII

Alternate Symbol(s):  ISRJF

ReGen III Corp. is a Canada-based cleantech company commercializing its ReGen, patented technology to recycle used motor oil (UMO) into high-value Group III base oils. The ReGen technology is designed to produce the highest quantity of high base lubricating oils of any re-refining process. Its ReGen technology, produces a 53% yield of Group III, which is a high-margin base oil used in the formulation of performance synthetic grade motor oils. The Company is also focused on developing its brownfield re-refinery in Texas City, Texas (Texas Facility). Its projects include Texas and Alberta. It is also engaged in Koch Project Solutions, LLC (KPS) to provide project execution management services up to turnkey delivery of the proposed Texas Facility. The Company is focused on building or enhancing UMO re-refineries and licensing its intellectual property to third parties around the world. Its first ReGen facility is in the site selection and negotiation phase in the United States Gulf Coast.


TSXV:GIII - Post by User

Post by TManiacon Jan 29, 2022 12:02pm
199 Views
Post# 34374557

Project

Project
couple Saturday thoughts. 1) While it would be nice to have financing secured ASAP, realistically until the engineering side is complete and the construction cost is fully known we still have a decent amount of time to see financing secured. 2) Would like to hear more about future site development. In previous NR they mentioned 2-3 sites in Alberta that that they had identified as having better economics than the Bowden site. Since they already have an Alberta Environment Permit that is one major hurdle that out of the way there (would need to be amended to reflect new site conditions but I believe an amendment would be much easier than a new approval). With this I definitely believe the next project will be in Alberta and would like to start hearing about their expansion plans. All-in-all l I think we have a very exciting year ahead and I'm very confident we will see an agreement signed and the name of the Private Equity firm released in the next 4-6 weeks. GLTA
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