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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTD

Regenx Tech Corp. is a Canada-based company, which is engaged in development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. It has two operating segments, exploration, and development of mineral properties in Spain and mineral extraction through use of its equipment in North America. It is focused on the extraction of platinum and palladium from diesel catalytic converters. It provides an alternative from environmentally harsh smelters to modern technology to recover the precious metals. Its industries using catalytic converters include generators, industrial, automotive, light trucks, commercial vehicles, and heavy equipment. The Company’s subsidiaries include SME Resources Ltd., Mineworx Technologies Inc., Regenx USA Inc., and MWX Espana, S.A.U.


CSE:RGX - Post by User

Post by djstone56on Oct 28, 2022 10:09am
318 Views
Post# 35055671

Yesterday's Update

Yesterday's UpdateWhile yesterday's news on the rebranding/name change to Regnex was certainly welcome, it was never going to move the needle in terms of the shareprice. Whether we're viewed as a miner or a clean tech company, the s/p won't reflect our true value until the extraction process is proven to work on a commercial scale and actual revenue is generated. With the location of the plant settled, components for module 1 are being ordered. My understanding is that if there are no further delays from suppliers, all parts and components should be received by the end of November. Permitting and assembly should then be finalized by the end of December, with testing and optimization trials taking place in January. Commercial production could begin as early as February, 2023 at which point, we should have a much better idea of what we have here. Once revenue begins, we (and more importantly, the market), can begin to assign a real value to the company moving forward. If the process runs as well as the company predicts it can, that's when the real fun will begin for shareholders. God knows we've waited long enough for it. In the meantime, we still need info on the Iron Bull listing and the distribution of shares. That should at least give shareholders something to smile about while we wait for commercialization...
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