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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
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Post by Schoeneron Mar 18, 2022 9:21am
77 Views
Post# 34524762

Private Equity Group pulling out

Private Equity Group pulling outExpiry after expiry of exclusivity and standstill period.

No agreement on terms & conditions within stated periods.

Private Equity pulling out and or GIII moving to second best financing option.

Anyway further delays on the horizon ...
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