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ReGen III Announces Non-Brokered Private Placement
ReGen III Announces Non-Brokered Private Placement

Yahoo

time27-05-2025

  • Business
  • Yahoo

ReGen III Announces Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company specializing in the upcycling of used motor oil ("UMO") into high-value Group III base oils, announces that it has initiated a non-brokered private placement financing (the "Offering") of up to 10,000,000 units (the "Units") of the Company at a price of $0.20 per Unit for gross proceeds of up to $2,000,000. The net proceeds from the Offering are intended to be used for general corporate purposes and working capital. Each Unit will consist of one common share in the capital of the Company (a "Share") and one-half of one common share purchase warrant (each whole warrant a "Warrant"). Each Warrant entitles the holder to purchase an additional Share (a "Warrant Share") at an exercise price of $0.45 per Warrant Share for a period of two (2) years from the date of issuance. The closing of the Offering is subject to receipt of all necessary regulatory approvals, including approval by the TSX Venture Exchange (the "Exchange"). In connection with the Offering, the Company may pay certain finder's fees subject to compliance with applicable securities laws and the rules of the Exchange. The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act), except pursuant to an exemption from the registration requirements of those laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction other than as specified herein including the United States, or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the 1933 Act). About ReGen III ReGen III is a cleantech company commercializing its patented ReGen™ technology to upcycle 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. ReGen III has completed FEL2 and value engineering for the Company's 5,600 bpd UMO Texas recycling facility, with the support of world-class engineering, construction and licensed vendor teams - including Koch Project Solutions, LLC, PCL Industrial Management Ltd., Studi Tecnologie Progetti S.p.A., Koch Modular Process Systems and Duke Technologies. Operating in an underserved segment of the base oils market, ReGen III aims to become the world's largest producer of sustainable re-refined 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: Investor & Media inquiries: Email: investors@ Corporate Inquiries: Kimberly Hedlin Vice President, Corporate Finance Tel: (403) 921-9012 Email: info@ 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. Not for distribution to United States newswire services or for dissemination in the United States To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Here's Why You Shouldn't Use Racing Oil in Your Street Car's Engine
Here's Why You Shouldn't Use Racing Oil in Your Street Car's Engine

Motor 1

time17-05-2025

  • Automotive
  • Motor 1

Here's Why You Shouldn't Use Racing Oil in Your Street Car's Engine

Scientists have gotten oil down to a science. Depending on the application, engine oil can have totally different formulas, weights, and additives, mixed and matched to deliver the most efficiency, longevity, or performance. That's why you should only use the oil your engine was designed to use, even if a better oil exists. Lake Speed Jr. of The Motor Oil Geek YouTube channel explains why in a video, showing the wear effects between three different types of oil. He explains that while a racing oil like Valvoline's VR-1 might still have all the correct properties to match (or even exceed) the factory-recommended oil, it's still not smart to run it over the same interval. All modern synthetic motor oil has a certain amount of antioxidants, or high-temperature stabilizing additives. This allows the oil to stay effective over a period of time without going bad from use or age. Street car oils have far more of these additives, making them viable for 10,000- or 15,000-mile oil change intervals. Speed Jr. says racing oils don't have nearly the same amount, meaning they won't last as long. That's not a problem for racing applications, as the oil in competition motors is changed with far more frequency. But if you leave a racing oil in your street car for 10,000 miles, you'll actually subject your engine to more wear—even if the oil is higher-quality. Speed Jr. likens racing oil to racing tires. Tires meant for racing have a softer compound, allowing them to deliver more grip. But the softer compound wears far quicker than, say, a harder, more lasting street tire with real tread. So next time you consider swapping out your oil for the expensive race-specific stuff, think about your use case first. It might save you some expensive wear and tear. More Motor Oil Tips How Oil Analysis Reveals Your Engine's Secrets Here's Why You Shouldn't Run Diesel Oil in Your Gas Engine Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )

Can You Mix Multiple Brands Of Oil?
Can You Mix Multiple Brands Of Oil?

Yahoo

time11-05-2025

  • Automotive
  • Yahoo

Can You Mix Multiple Brands Of Oil?

Any good car owner knows how important it is to take your car in for regular maintenance and getting engine oil changed every so often. Every vehicle is different, but most car service shops will put a sticker on the windshield to let you know when to stop by -- either based on a date or how many miles to drive before getting some routine maintenance. Still, sometimes we need to top the oil off a bit when we don't have the time to take our car in for maintenance, and that's when knowing whether it's okay to mix motor oil from different brands becomes important. Can you mix multiple brands of oil when keeping your engine lubricated? Some sources say it's totally okay to mix engine oil from different brands. However, this shouldn't become a habit. So, the short answer is yes. You can mix motor oil from different brands, but just because you can do something doesn't mean you should. Read more: These Are The Best Tires For Your Car, Truck Or SUV, According To Consumer Reports If you have to top off the oil level of your engine, check the viscosity grades of the oils you're using. You can find out what kind of viscosity of oil your car requires by checking the car owner's manual. It should tell you whether you should use 5W-30 oil or something thicker -- or lighter. Mixing oils with different viscosity could lead to reduced engine performance and potential engine damage due to inconsistency of lubrication. If the viscosity is the same, mixing motor oil from two different brands is okay for the most part. Combining Quaker State motor oil with Pennzoil won't break your engine. However, there are different types of motor oil, and some come with specifically formulated additives designed to enhance an engine's performance in extreme temperatures. Some brands also include additives to enhance certain properties of the oil, like those that make long-lifespan synthetic motor oil instead of conventional oil. Even if they have the same viscosity, mixing them might seem fine at first, but can ultimately affect the performance of the engine. When your motor oil is running low, topping it off with a similar brand or type may be helpful to keep the engine lubricated. But this is just a short-term fix, and is in no way a replacement for an oil change. Take your car in for maintenance regularly, and you shouldn't have any problems. Want more like this? Join the Jalopnik newsletter to get the latest auto news sent straight to your inbox... Read the original article on Jalopnik.

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