ReGen III Announces Receipt of $3.975 Million in Sub-Agreements Related to Convertible Debenture Exchange

Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) ("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, is pleased to announce it has received settlement and exchange agreements (the "Sub-Agreements") in the amount of $3.975 million relating to its Convertible Debenture Exchange (the "CD Exchange") announced on November 6, 2025 (Note: Any defined terms used herein have the meanings given to them in the November 6, 2025 news release).

Tony Weatherill, CEO and President of ReGen III, stated, "We have now received Sub-Agreements from over 97% of debenture holders. The nearly 100% agreement to participate in the CD Exchange demonstrates confidence in our strategic direction. With our financial position strengthened, we look forward to accelerating our plans to commercialize sustainable, re-refined Group III base oils."

The Company has made application to the TSX Venture Exchange and expects to close the CD Exchange immediately following the final approval of the TSX Venture Exchange.

The New Debentures and New Warrants have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or any State securities laws, and, accordingly, may not be offered or sold, directly or indirectly, to a U.S. Person except pursuant to an effective registration statement under the U.S. Securities Act (or pursuant to an available exemption from or in a transaction not subject to the registration requirements of the U.S. Securities Act) and in accordance with applicable State securities laws. The Issuer currently has no present intention to and is not obligated to register the New Debentures and New Warrants, and, as a result, this U.S. hold period may be indefinite subject to resale in accordance with Regulation S or other available exemption.

About ReGen III

ReGen III Corp. is driving a new era in high performance, sustainable lubricants. Harnessing its patented ReGen™ technology, the Company is commercializing an advanced process to transform used motor oil ("UMO") into premium Group II and III base oils. These high-quality base oils are essential to high performance engines, turbines, and industrial applications—and ReGen III's process is designed to deliver up to 82% lower CO₂e emissions than virgin crude derived oils combusted at end of life. By turning waste into high-value products, ReGen III is leading the movement toward circular, domestically produced Group III base oils.