ReGen III Corp. ("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 elected, pursuant to the terms of its Series 2023-11.PP55CD-A Debentures, to pay the semi-annual interest payment due in the amount of $164,850 through the issuance of approximately 714,564 common shares at a price of $0.2307 per common share. Completion of the transactions remains subject to the approval of the TSX Venture Exchange. The securities issued are expected to be subject to a hold period of four months from the date of closing.
