- Liam Gallacher joins ReGen III's Board, bringing expertise in business development and finance.
- ReGen III grants 1,475,000 stock options to directors and officers, exercisable at $0.30 per option.
- Gallacher's background in capital markets aims to enhance ReGen III's strategic opportunities.
ReGen III (ISRJF, Financial), a leading clean technology company focused on transforming used motor oil into high-value Group III base oils, has announced the appointment of Liam Gallacher to its Board of Directors. Gallacher, an existing shareholder, brings a wealth of experience in business development, finance, capital raising, and governance within the oil, energy, and sustainability sectors. His role as Vice President of Business Development at Cannonball Capital enhances his contribution to ReGen III's strategic objectives.
Liam Gallacher's extensive background in capital markets includes key roles at Morgan Stanley and Raymond James, where he was involved in equity financings and M&A transactions. His strategic network and expertise are poised to strengthen ReGen III's financial market outreach and support the company's pursuit of commercial and strategic opportunities in sustainable base oils and lubricants.
In addition to this appointment, ReGen III has issued 1,475,000 stock options to directors and officers. These options are priced at $0.30 each and have a five-year exercise period. This move aims to align the interests of the board members with those of the company's shareholders as ReGen III continues its mission of leading innovation in the upcycling of used motor oil.
This strategic appointment is expected to be beneficial for ReGen III's shareholders given Gallacher's vast financial network, experience in M&A, and strategic planning capabilities. As ReGen III advances its expansion plans, Gallacher's involvement is anticipated to bolster the company's growth and shareholder value further.
