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ReGen III Corp (ISRJF) generates news as a cleantech company focused on upcycling used motor oil into high-value Group II and Group III base oils through its patented ReGen™ technology. Its disclosures highlight commercial progress, financing decisions, leadership changes, intellectual property milestones, and strategic initiatives tied to sustainable base oils and circular economy themes.
Investors following ReGen III’s news can track updates on its Texas City, Texas UMO recycling facility, for which FEL2 and value engineering have been completed, as well as developments in offtake discussions, strategic partnerships, and potential M&A opportunities. The company regularly reports on private placements, convertible debenture interest settlements in shares, and stock option grants to executives, consultants, and directors.
ReGen III’s news flow also includes management and board appointments, such as the hiring of a Chief Financial Officer with extensive public company and capital markets experience, and the engagement of a global base oils industry consultant to help drive strategic partnerships and market expansion. These items provide insight into how the company is building its leadership and advisory capabilities.
Another recurring theme in ReGen III’s announcements is the expansion of its patent portfolio, with patents granted or accepted in jurisdictions including Europe, Brazil, and Australia. The company has also reported the formation of a Special Committee to evaluate strategic pathways into the data center and AI immersion cooling market, where high-purity Group III base oils are being considered as dielectric fluids.
By monitoring this news page, readers can follow ReGen III’s ongoing corporate actions, technology milestones, and strategic positioning in sustainable base oils and related applications.
ReGen III Corp (OTCQB: ISRJF) has appointed Kirk McNamara as a consultant, bringing over 15 years of base oils and chemicals industry expertise. McNamara, former Director of Base Oils at Motiva Enterprises, led a multi-billion-dollar base oil business achieving significant EBITDA growth.
McNamara's notable achievements include playing a key role in Aramco's $2.7 billion Valvoline acquisition and raising over $180 million in capital for strategic initiatives. At Motiva, he chaired the Base Oils Sustainability Committee and led global initiatives with S-Oil and Luberef as part of Aramco's Base Oils Alliance.
In his new role, McNamara will focus on driving strategic partnerships, market expansion, and sustainability efforts. As part of his consulting agreement, he has been granted 2 million stock options at CAD $0.25 per option, valid for five years, with performance and time-based vesting milestones.
ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) announced its CEO Tony Weatherill will attend the 29th ICIS World Base Oils and Lubricants Conference from February 12-14, 2025, in London, UK. The conference, a major industry event attracting over 450 delegates and 50 expert speakers, will focus on emerging technologies and sustainability, including re-refined base oils, sustainable lubricants, green refineries, product carbon footprint, and engine decarbonization.
The company, which specializes in upcycling used motor oil into high-value Group III base oils, views the conference as an opportunity to engage with industry leaders and advance discussions with offtake parties and potential strategic partners regarding their sustainable re-refined Group III solutions.
ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF), a clean technology company focused on upcycling used motor oil into Group III base oils, has announced two share-related transactions:
1. The company will pay $45,150 in semi-annual debenture interest through issuing approximately 118,501 common shares at $0.381 per share, subject to TSX Venture Exchange approval.
2. The company has completed a previously announced settlement of $164,850 in debenture interest by issuing 714,555 common shares at $0.2307 per share, with a hold period ending April 19, 2025.
ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF), a clean technology company focused on upcycling used motor oil into Group III base oils, has announced its decision to settle its semi-annual interest payment of $164,850 through the issuance of approximately 714,564 common shares at $0.2307 per share. The share issuance is subject to TSX Venture Exchange approval and will have a four-month hold period from the closing date.
ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) has announced executive changes effective immediately. Greg Clarkes has stepped down as CEO for personal reasons but will continue as Chairman of the Board. Mark Redcliffe, previously the President, has been appointed as the new CEO and President.
Clarkes founded ReGen III in 2017, securing patents and shifting the company's focus to high-value re-refining. He played a important role in obtaining FEL2 financing and negotiating a multi-year offtake agreement with bp Products North America. Under his leadership, the company developed its proprietary ReGen™ process, protected by 32 pending or awarded patents.
Redcliffe, who joined the company in 2018, has been instrumental in key successes including feedstock and offtake agreements, product certifications, and financial partnerships. The Board expressed confidence in Redcliffe's ability to lead the company and advance ongoing negotiations.
ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4), a clean technology company specializing in upcycling used motor oil, has announced two significant updates. Firstly, the company's 2021 patent application to the Intellectual Property Office of Singapore (IPOS) for its ReGen™ process has been deemed eligible for grant, effective March 11, 2024. This brings ReGen III's total to 20 patents issued, accepted, or eligible for grant, with an additional 12 patents pending globally. Secondly, the company reported the resignation of Catherine Banat from its Board of Directors. These developments highlight ReGen III's ongoing efforts to strengthen its intellectual property portfolio and evolve its corporate governance structure.
ReGen III has advanced in its application for a U.S. Department of Energy (DOE) loan guarantee to fund its RG3 Texas Project.
The project, eligible as an Innovative Energy Project, aims to produce Group III base oils using its patented ReGen™ process. This DOE loan could cover up to 70% of the project's engineering and construction costs.
ReGen III's successful Part I application gathered data from consultants and financial advisors, and it met the DOE's stringent requirements. The proposed Texas facility is expected to produce 3,000 barrels per day of Group III base oils and reduce North American imports by 11%.
The project is also projected to cut CO2 emissions significantly, equivalent to 900,000 tonnes of CO2e annually.
However, the DOE's eligibility determination does not guarantee loan approval, which will depend on further review.
ReGen III Corp. has been invited to present at the Emerging Growth Conference to showcase its patented ReGen™ process that upcycles used motor oil into high-value Group III base oils. The presentation will cover the Company's overview, technological advantages, and growth initiatives on May 9, 2024. Investors and analysts are encouraged to attend the interactive session.
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