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 > BP taking it all

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Post by GoldenArmon May 17, 2021 12:30pm

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Post# 33214438

BP taking it all

Vancouver, British Columbia--(Newsfile Corp. - May 17, 2021) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN41) ("ReGen III" or "the Company"), formerly known as Gen III Oil Corporation, is pleased to announce that further to the Company's press release dated May 3rd, 2021, ReGen III has signed a definitive, multi-yearofftake agreement (the "Definitive Agreement") with bp for bp to purchase all of the Company's base oil production from the Company's proposed 5,600 bpd US Gulf Coast re-refining facility (the "USGC Facility"). The USGC Facility will serve as the foundation for ReGen III's future growth plans

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