ReGen III Corp (TSE:GIII) has released an update.
ReGen III Corp, a pioneer in upcycling used motor oil into high-value lubricants, reports significant strides in their pilot testing, offtake negotiations, and pursuit of non-dilutive financing. The company has received a Letter of Intent for offtake and is nearing the completion of a pilot study, which promises to yield valuable product samples for potential partners. Additionally, they are seeking eligibility for greenhouse gas credits and have made progress with patent approvals, signaling a robust first quarter.
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