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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

Comment by bailey2on Feb 13, 2021 8:55am
193 Views
Post# 32561189

RE:RE:MWX.RT SELL tsunami coming?

RE:RE:MWX.RT SELL tsunami coming?In Canada, my shares are with a discount brokerage with RBC in three accounts.  It was very simple and took about 10 minutes to exercise and over- subscribe to the rights, which are two separate entries. The only part that sucked was being put on hold for hours, when I called in.( Pre-covid , I would have got throught in 5 minutes) It does sound like a horror story for you in the U.S. Hopefully another U.S. shareholder can give you guidance as to a simple process for you. I will contact Mineworx and  the Howard Group for an explanation of how the 80 per cent  commitment number is achieved. Perhaps larger shareholders have been in touch with Mineworx and indicated the "want" to oversubscribe by large amounts? In the last webinar regarding the rights and consolidation, Mr. Pendura at that time had indicated that over 50 per cent had committed to the rights? There must be some very large shareholders. But the bottom line, if this latest press release is any indication, the rights will be fully subscribed. And Mineworx will have a good cash balance to execute going forward for quite some time. glta
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