ReGen III Corp. Closes Over-Subscribed Initial Tranche of Private Placement

Vancouver, British Columbia–(Newsfile Corp. – October 24, 2024)

ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4), a leading clean technology company commercializing the patented ReGen™ process, is pleased to announce the closing of an over-subscribed initial tranche of its non-brokered private placement.

The company issued a total of 2,650,000 Units at a price of $0.20 per Unit, resulting in gross proceeds of $530,000. The Placement, which was announced on October 7, 2024, has been well received by investors and the Company plans to extend it to accommodate additional orders pending TSX Venture Exchange approval.

ReGen III Corp. specializes in upcycling used motor oil into high-value Group III base oils using their patented ReGen™ process. This innovative technology not only helps to reduce waste and environmental impact but also creates a valuable product with a wide range of industrial applications.

The successful closing of the Initial Tranche demonstrates strong investor interest in ReGen III’s unique approach to sustainability and clean technology. The additional funds raised through the Placement will enable the Company to further develop and commercialize their cutting-edge solutions for transforming waste into resources.

Impact on Individuals:

As a consumer, the advancements made by ReGen III Corp. in the field of upcycling used motor oil can lead to a more sustainable and environmentally friendly approach to managing waste. This technology has the potential to reduce pollution and contribute to a cleaner future for individuals and communities.

Impact on the World:

On a global scale, the success of ReGen III’s private placement and the continued development of their clean technology solutions represents a significant step towards achieving environmental sustainability. By upcycling used motor oil into high-value base oils, the Company is helping to conserve resources, reduce carbon emissions, and promote a circular economy model that benefits the planet as a whole.

Conclusion:

The closure of the Initial Tranche of ReGen III Corp.’s private placement marks a significant milestone in the advancement of clean technology and sustainable solutions for managing waste. With growing investor support and a commitment to innovation, the Company is poised to make a positive impact on individuals and the world by transforming used motor oil into valuable resources through their ReGen™ process.