Gen III Oil - GIII.V

[investar]

VERY HEALTHY that the stock retraced to the new financing level of 1.25 yesterday...

Now it is possible to start the new leg up.
Target 3$ still in this summer of 2021!
Strong buy, I think.
When they announce "financing closed", we might see the first institutions getting their initial positions.

[investar]

Financing at 1.25$ is going to close very soon (today or tomorrow).

The new investors did not get all the shares they needed - is the rumor.
So it is possible to assume that the current price level (1.18) is a new "bottom" and shares could go up considerably in the next few months

[investar]

Superb news, again, for GIII


https://www.regeniii.com/regen-iii-sign ... iltanking/


Oiltanking is a world class Tier1 new partner, with 45 locations worldwide.

This is again a big vote of confidence, and probably the start of the new leg up, hopefully towards 5 CAD by next year.

[investar]

The stock is ready for a new leg up. Newsflow in the coming weeks and month is expected to be 'interesting':


-financing of the first plant in US
-updates on the input from Oiltanking
-new analyst coverage? targets above 3?
-updates on the partnership with BP
-news on potential second, third plants?

is anyone of this forum actually following this story? just curious

glta

[investar]

All the catalysts are available for this stock to triple (again) in 2022:


- final financing of first project with PE investor (cfr latest PR)
- launch of first plant after succesful FEED study
- extension Oiltanking deal for new projects worldwide
- start of institutional interest in this company and stock
- favorable comparables

[investar]

HUGE PR:

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2022) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company") is pleased to announce ReGen III and the U.S. based multi-billion-dollar, green energy infrastructure focused, private equity firm ("PE Firm") have reached an equity agreement for the development, construction, financing and ownership of the Company's Texas used lubricating oils recycling facility and a partnership framework for financing future projects.

The PE Firm's designated affiliate will commit up to US$75 million in the Company's Texas recycling project. In return the PE Firm will receive a 14.4% preferred return on funds invested plus 14.1% ownership in the project (the "Project Level Financing").

Upon closing of the Project Level Financing, the PE Firm's affiliate will appoint one director to the Texas project holding company.

After the Texas facility has been operational for 5 years, ReGen III or its project affiliate will have the right to re-purchase the PE Firm's 14.1% ownership position in the project by paying an amount equal to three times (3x) the PE Firm's initial investment.

On execution of the definitive investment agreements, the PE Firm will have an exclusive Right-of-First-Offer to provide up to one hundred percent (100%) of the equity required for the construction financing of each future project developed by the Company through December 31, 2023.

Concurrent with the closing of the Texas City project investment, the PE Firm will also have the right to acquire, via a private placement, up to a 5% stake of the common stock of ReGen III on a fully diluted basis (the "Pubco Financing").

Upon closing of the Pubco Financing, the PE Firm will have the right to appoint one director to the board of ReGen III, subject to the Company's Articles and TSX Venture Exchange approval.

In order to provide sufficient time for both firms to develop efficient corporate structures and the closing agreements with their respective tax and legal advisors, ReGen III and the PE Firm have mutually agreed to extend the recently expired equity exclusivity standstill period for a further 45 days, commencing February 2, 2022.

Greg Clarkes, Chairman and CEO of ReGen III stated, "Since announcing our Texas project in early 2021, we have expanded our intellectual property portfolio to thirty (30) process patents and patents pending and our working relationships with bp, Koch, and AXA XL, to further de-risk our project. During this time, we also fielded numerous proposals from potential funding partners while remaining focused on striking a balance between advancing the project, minimizing dilution to our shareholders, and identifying and engaging the most strategic infrastructure and industrials financing team overseen by strong and experienced leadership. We have now secured this balance with an industry leading partner, their CEO, and their team. We look forward to moving to binding agreements for Texas expeditiously and building future projects in partnership with the PE Firm globally."

A finders' fee of two percent (2%) cash and two percent (2%) in common shares of ReGen III will become payable to a licensed entity upon closing of the proposed equity financings.

Further details, including the name of the PE Firm, will be made available upon signing of the definitive agreements.

[investar]

At 20ct in summer of 2020, it was cheap but risky

Today at 2$, it is totally de-risked and trading at less than 1x 2024 EBITDA (one plant only!!!).
It should be 5$ already today.

Imagine if they announce 5 more plants this year.

This stock could easily trade at 20$ in 2024

[investar]

Screaming buy here and now at 1.68$!

The Definitive Agreement with the PE partner could be announced any day now. This could become the catalyst to move GIII to 3$ and higher.

https://www.regeniii.com/regen-iii-priv ... greements/

[investar]

Still no Definitive Agreement for ReGen III

As time passed, the stock dwindled down. Now at 80ct.

It is a waiting game for comment from the PE partner (but it looks like the market has decided that there is no deal).

When derisked (financing complete!) it would become the most interesting name in the investment space (circular economy, high perf lubricants)