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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 bailey2on Sep 16, 2022 7:46am
337 Views
Post# 34966314

Maybe?

Maybe?From September 2022 update-

Iron Bull Mining Update on Share Distribution

An LOI for the sale of the Cehegin iron ore asset with Iron Bull Mining
was announced in January of this year and the sale was finalized in May.
One of the stipulations to the sale was that Iron Bull Mining had to
become a listed public company. It is anticipated that approvals for
listing will be received around the end of September at which time the
Iron Bull Mining shares will be distributed to our shareholders. Until the
listing date is finalized, the date of record cannot be set for the
distribution of shares to shareholders. If the shares were distributed
prior to Iron Bull being publicly listed, then there would be significant
tax and regulatory issues for most shareholders. In addition to this, brokers will not accept delivery of privately held companies into your portfolio.

I realize that eventually we get the shares. Will be interesting to see if the share ratio structure remains the same, and at the 1 dollar valuation......glta


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