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ReGen III Adds Raymond James & Associates, Inc. As Co-Advisor
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - ReGen III Corp. (TSXV: GIII) (OT...
About this update from Regen Iii Corp
[{"type":"text","content":"ReGen III Adds Raymond James & Associates, Inc. As Co-AdvisorVancouver, British Columbia--(Newsfile Corp. - July 18, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) (\"ReGen III\" or the \"Company\") is pleased to announce that further to the Company's press releases dated February 24, March 13 and June 29, 2023, it has entered into a co-advisory agreement with Raymond James & Associates, Inc. (\"Raymond James\"), a subsidiary of Raymond James Financial, Inc. (NYSE: RJF), and National Bank Financial Inc. (\"NBF\"). As further detailed below, under the co-advisory agreement, Raymond James will work in conjunction with NBF to assist the Company in identifying and pursuing project-level acquisition opportunities and may provide other financial advisory services in connection with such acquisitions as requested by the Company, with the ultimate goal of increasing ReGen III's market share, accelerating first revenues, and generating economies of scale.\"We are thrilled to add Raymond James as a co-advisor alongside NBF for our project-level acquisitions,\" said Greg Clarkes, Chairman & CEO of ReGen III. \"The expertise and industry knowledge these teams bring will be invaluable in accelerating our growth strategy and solidifying our position as a leader in the re-refining industry.\"Brownfield Project Acquisitions Targeting Complementary Infrastructure and Operating Re-Refining AssetsMembers of Raymond James' Energy and Capital Structure Advisory teams in Houston, Dallas and New York will assist the Company to identify and complete acquisitions and/or joint ventures of cash-flowing assets, to either complement the greenfield Texas City project or for operation as standalone projects. The Company expects this \"M&A\" approach to offer benefits such as lower project costs, reduced execution risk, access to experienced operations personnel, and accelerated development timelines.Raymond James' expanded engagement aligns well with ReGen III's growth strategy to establish multiple Group III re-refineries in North America and globally. The selection of Raymond James was made based on its strong M&A and capital raising experience, as well as its deep understanding of the re-refining sector and energy industry fundamentals in the United States.Greenfield Project Financing for the Construction of the Texas Re-Ref...