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ReGen III raises $1.9M in first tranche of $4M private placement to fund growth and debt repayment

Company Fundamentals
23 Mar 2026
Newsfile Corp
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Bullish
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ReGen III Corp., a clean tech company specializing in upcycling used motor oil into high-value base oils, has closed the first tranche of its $4 million private placement, raising $1.9 million by issuing over 9.5 million units at $0.20 each. Each unit includes one common share and half a warrant, allowing purchase of additional shares at $0.30 within three years. The funds will support working capital, corporate purposes, and debt repayment, with the final tranche expected by March 27, 2026. This financing move positions ReGen III to advance its sustainable lubricant production using patented technology that significantly reduces CO2 emissions.

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