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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

Regenx Tech Corp. is a cleantech company. The Company is engaged in the development and commercialization of its processing technologies for the recovery of precious metals. The Company’s initial focus is the extraction of platinum and palladium from diesel catalytic converters. Its technology produces a sustainable PGM concentrate without the need for smelting or mining. It provides an alternative from environmentally harsh smelters to modern technology to recover precious metals. Its products are used in various industries, including electronics, medical, transportation, emissions, jewelry, and pharmaceuticals. The Company’s subsidiaries include Mineworx Technologies Inc., Regenx USA Inc., MWX Espana, S.A.U., and Iron Bull Mining Inc.


CSE:RGX - Post by User

Post by calerxxon Feb 04, 2021 10:32am
191 Views
Post# 32469806

Caution about buying rights

Caution about buying rights


I see some of the rights are already being traded. Just remember when you buy the rights on the market you are not recieving shares in MWX, but only rights. You will still need to pay to exercise those rights to get the shares.

 

So if you bought a right on the open market for 1.5 cents, you still need to pay another 1.5 cents to exercise.

 

For lots of people this is still worth it based on their valuation of the company, but I'm just warning people new to rights that might be thinking they are buying the shares.

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