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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 BigGrayCaton Mar 17, 2023 9:39am
156 Views
Post# 35344638

RE:RE:Took some

RE:RE:Took some Several items regarding the 4 modules, financing, etc.

First, I believe module 1 was 100% paid for the RegenX. It is my understanding that once commercialization is proven with module 1, then Davis will reimburse for their 45% share of module 1.

Second, I believe it is their hope/intent to build-out modules 2-4 at the same time. This will require some form of financing. Greg has indicated that it would be a more traditional financing, which I assume indicates debt as opposed to share dilution. This should be 45% Davis.

Their hope/intent to build-out the other 3 modules is bullish in my opinion. To me, it indicates they are quite optimistic of revenue/profit given the data they have available to them.
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