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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 BBeliever13on May 15, 2023 2:53am
218 Views
Post# 35447737

No worries about debenture

No worries about debentureThis last debenture just seems to be some patchwork to me. This 2.5 million is just some start-up money they are gonna buy feedstock with and it conveniently brings the total amount of outstanding shares from 375 million to 400 million which makes the distribution of IB shares in a 20 for 1 conversion simple math. So, I believe IB shares will be distributed shortly after June 15th.
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