ReGen III Corp V.GIII

Alternate Symbol(s): ISRJF

Energy Oil & Gas Refining & Marketing

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 yield base lubricating oils in the industry. 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

ReGen III Corp > 11.73$ price target on GIII

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Comment by TurtleDoveon Apr 08, 2021 12:25pm

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Post# 32957147

RE:RE:RE:RE:11.73$ price target on GIII

I agree with this, however, we also have to keep in mind that this is the highest we have seen the SP go, we have insiders (board members) buying large volumes right now, and regardless of financing with BDC, once/if this deal is done with the SM then Gen will have their pick of finance options for these projects. It may be in Gens best interest to not to renew the BDC term sheet as they might be in a more favourable position for better terms now/shortly.

Nothing is guaranteed but I have faith in the board and the direction they are heading in.

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