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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 BugsyMaloneon Mar 25, 2022 9:56am
383 Views
Post# 34544894

EnviroMetal Secures Interlocutory Injunction !!

EnviroMetal Secures Interlocutory Injunction !!

EnviroMetal Secures Interlocutory Injunction to Protect Its Confidential Information

VANCOUVER, BC / ACCESSWIRE / February 7, 2022 / EnviroMetal Technologies Inc. ("EnviroMetal" or the "Company") (CSE:ETI)(OTCQX:EVLLF)(FSE:7N2), is pleased to report that the Supreme Court of British Columbia (the "Court") has granted EnviroMetal's application for an interlocutory injunction ("Interlocutory Injunction") against the defendant Mineworx Technologies and its related defendants, including Mineworx's senior officers.

While legal experts have noted that it is "notoriously difficult to obtain an interlocutory injunction in intellectual property cases" (see, for example, commentary by Christopher HeerStefanie Di GiandomenicoAnnette LatoszewskaDaryna Kutsyna), EnviroMetal succeeded in winning this exceptional remedy.

To succeed in obtaining an interlocutory injunction, among other things, the applicant must demonstrate a strong prima facie case that it will succeed at trial. EnviroMetal achieved that threshold in its application, with the Court finding that it had a "strong prima facie case for breach of confidence" against the defendants. Further, EnviroMetal persuaded the Court on the other criteria necessary to obtain the interlocutory injunction.

Duane Nelson, EnviroMetal CEO, states; "I am very pleased that we were granted such extraordinary relief by the Court. It should send a strong message to Mineworx as to the merits of our lawsuit. Interlocutory injunctions are rarely attainable. We succeeded because we have formidable evidence necessary to support our claims. I want to thank our legal team at McMillan for securing this victory."

EnviroMetal commenced its civil action in June 2021, and is seeking, among other relief from the Court, general, aggravated, and punitive damages against the defendants and a permanent injunction prohibiting the defendants from using any confidential information or intellectual property belonging to EnviroMetal. The dispute between parties is focused on the use of EnviroMetal's proprietary process for the extraction of Platinum Group Metals from Catalytic Converters and does not concern EnviroMetal's other proprietary technologies used for the extraction of precious metals from mineral ores and concentrates or E-Waste.

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