ReGen III Corp. announced that the Company's subsidiary, RG3 Texas LLC, has submitted Part I of its application to the U.S. Department of Energy (" DOE") Loan Programs Office ("LPO") under the Title 17 Clean Energy Financing Program (Title 17). ReGen III's Part I application submission to LPO follows a detailed pre-application consultation process with the DOE, and pursuing this initiative supports management's broader objective of securing attractively priced, non-dilutive project-level financing.

The submission of the Company's application is the culmination of many months of work during which time the Company's technology and business plans were vetted by the DOE for Title 17 suitability. Throughout this process, the Company also received several rounds of comprehensive Part I application feedback from DOE consultants. ReGen III's part I application pulls together project data from the Company's personnel and consultants, greenhouse gas emissions inventory and lifecycle analysis work by GHD Services Inc., financial model and data support by National Bank Financial Inc., application advisory services provided by Raymond James & Associates Inc., and legal inputs and considerations from Akin Gump Strauss Hauer & Feld.