Vancouver, British Columbia--(Newsfile Corp. - April 20, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQX: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce it has entered into an investor relations agreement with IR Labs Inc. ("irlabs") to provide the Company with investor relations services, with a primary focus on developing and managing an investor relations and communications program, including PR/media, social media and stakeholder relations.
"We are excited to work with irlabs, one of Canada's leading investor relations firms, to further engage with the investment community and ensure we are effectively communicating our story to investors," said Gregory Clarkes, CEO of ReGen III. "We believe irlabs will assist in providing investors with greater visibility on our progress."
"We are very pleased to be working with ReGen III – a cleantech company, building a green project with compelling economics, which is in line with our values," said Caroline Sawamoto, irlabs Principal and Co-Founder. "We believe the Company represents a unique opportunity for both value and growth-oriented investors."
Pursuant to the agreement with irlabs dated March 24, 2023, irlabs has agreed to provide investor relations and communications services to the Company in exchange for a monthly fee of $5,000. The services include developing and managing PR/media, social media and stakeholder relations. The term of the agreement is for a period of six months ending September 30, 2023. The agreement remains subject to acceptance by the TSX Venture.
The contact person, address, email, and telephone number for irlabs are as follows: Caroline Sawamoto (Principal and Co-Founder), 400-22 E 5th Ave., Vancouver, BC, V5T 1G8, , 1-833-947-5227.
About ReGen III
ReGen III is a cleantech company commercializing disruptive, patented technology to recycle used motor oil ("UMO") into high-value Group III base oils. With a focus on creating sustainable solutions that generate better environmental outcomes and compelling economics, the Company's ReGen™ process is expected to reduce CO2e emissions by 82% as compared to virgin crude derived base oils combusted at end of life.
In 2022, ReGen III completed FEL2 and value engineering for the Company's 5,600 bpd UMO Texas recycling facility, where world class engineering, construction and licensed vendor teams – including Koch Project Solutions, LLC, PCL Industrial Management Ltd., Koch Modular Process Systems and Duke Technologies – are providing detailed design, construction, commissioning, and start-up services.
Operating in an underserved segment of the base oil market, ReGen III aims to become the world's largest producer of sustainable Group III base oil.
For more information on ReGen III or to subscribe to the Company's mailing list, please visit: and .
For further information, please contact:
Mark Redcliffe
President
Tel.: 1 (604) 806-5275
Email:
Caroline Sawamoto
Investor Relations
Tel.: 1 (604) 806-5275
Email:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information other than statements of historical facts contained in this news release constitutes "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information"). Without limiting the foregoing, such forward-looking information includes statements regarding the Company's business plans, expectations, capital costs and objectives. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking information. Forward-looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information is based on information available at the time and/or the Company management's good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Management's Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at under the Company's profile and on the Company's website, . The forward-looking information set forth herein reflects the Company's expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
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