Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Regenx Tech Corp. V.RGX


Primary Symbol: 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 eunice12on Apr 11, 2022 11:11am
305 Views
Post# 34593666

Anyone know what the "Effective Date" is?

Anyone know what the "Effective Date" is?  Friday's sedar document says "If Iron Bull Shares are received by a RRSP, RRIF, TFSA, RDSP, or RESP (because the Common Shares are held by the Registered Plan at the Effective Date), the annuitant, holder, or subscriber (as applicable) (the “Plan Holder”) of the Registered Plan will be subject to a penalty tax equal to 50% of the fair market value of such Iron Bull Shares at the time the Iron Bull Shares are acquired by the Registered Plan. The Plan Holder will be entitled to a refund of the 50% penalty tax if the Registered Plan disposes of the Iron Bull Shares before the end of the calendar year following the year including the Effective Date, unless it is reasonable to conclude that the Plan Holder knew, or ought to have known, at the time the Iron Bull Shares were acquired by the Registered Plan, that the Iron Bull Shares were not a qualified investment for the Registered Plan."
<< Previous
Bullboard Posts
Next >>