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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

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 on-targeton Apr 01, 2024 8:55pm
208 Views
Post# 35964037

Something to think about

Something to think about    A good thing to look for in a stock before you buy is are they good at raising funds.Greg Pendura, I NOT. I think this will be the 3rd time he took the ez way. Make the shareholders pay for the project with a R/O or Rights Offering.

   We all know at some point every new company will need funds. You should look for someone they've hired just for that reason. like in, https://centurylithium.com/ , they hired Abraham (Braam) Jonker, CPA, CA Chief Financial Officer, who  was a key team member in management and at the board level in the strategic growth of a number of public companies and has participated, raised and overseen the raising of more than $750 million in the form of equity and debt instruments in the mining industry.

    Most companies have a person like this. Think I'm wrong, look at any company that started out small, but did well. They raised money not just from the shareholders.

    Look at, "Nevada Copper Corp." they hired, "Nevada Copper Appoints Gregory J. Martin as Chief Financial Officer" 

Mr. Martin has nearly 30 years of experience in various financial and business development roles, primarily in the mining sector.  He has held senior finance roles in several multi-national mining and mining-related companies including SSR Mining Inc. (where he was CFO from 2012 to 2021), NovaGold Resources Inc., Finning International Inc., Zincore Metals Inc. and Placer Dome Inc.  He has a proven track record of providing leadership through company transitions, growth and development while implementing the fiscal discipline and structure to support sustainable operations. Mr. Martin is a Certified Professional Accountant (C.G.A.), holds an MBA from the University of Western Ontario and a Bachelor of Applied Science from the University of British Columbia.

   Nevada Copper Corp. " is pleased to announce that the second tranche of funding of an aggregate of US$20 million provided by Mercuria Energy (“Mercuria”) and Triple Flag Precious Metals Corp. (“Triple Flag”) has been released from escrow to Nevada Copper ...

https://nevadacopper.com/news/nevada-copper-receives-us-20-million-from-closing-of-second-tranche-of-restart-financing-package-and-provides-update/

   .Greg Pendura has proved that he can't do everything. Most of what Financial Officers do is getting money for the company. (RGX) has no Financial Officer.

    Greg told me on the phone some time ago that RGX will not have another R/O. But here we are again. How does anyone know we will have more and more R/O 

    Why? My guess isGreg does not have a wide depth of connections, like a   Financial Officer would have, to raise money. That's theie job. Greg's job is to invent the project. Greg can't - do - it - all!!!  He has to know this before he brings this company down in a whimpering crash !!


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