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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

Regenx Tech Corp. is a Canada-based company, which is engaged in development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. It has two operating segments, exploration, and development of mineral properties in Spain and mineral extraction through use of its equipment in North America. It is focused on the extraction of platinum and palladium from diesel catalytic converters. It provides an alternative from environmentally harsh smelters to modern technology to recover the precious metals. Its industries using catalytic converters include generators, industrial, automotive, light trucks, commercial vehicles, and heavy equipment. The Company’s subsidiaries include SME Resources Ltd., Mineworx Technologies Inc., Regenx USA Inc., and MWX Espana, S.A.U.


CSE:RGX - Post by User

Comment by bailey2on Jul 12, 2024 7:29am
203 Views
Post# 36129759

RE:RE:RE:RE:RE:RE:RE:RE:Any update?

RE:RE:RE:RE:RE:RE:RE:RE:Any update?Don't know the circumstances of Bob Fair leaving a multi-billion dollar company, to take a job at Regenx. However, taking emotion out of the equation, he was issued 700k shares and also 700k options. (sedar) Probably not neccessary to buy any shares after one week on the job. Maybe he did, who knows. One would think that Regenx did due diligence for months before hiring him, and could have likely taken some of his advice, but on the flip side, Mr Fair in all likelihood did his own due diligence on the company and its chances of survival and success before taking on this role. On the outside looking in, this looks like a real good hire. Many thought that the Greeneville plant needed more workers with expertise in the recycling, reclaimation space. Boots on the ground with experience in running a whole operation.  Looks like a real positive for the company and also the oversubscription to the RO was a pleasant surprise. Literally weeks or a few months away from validation of at least the first shift....and consistent revenue...a start.... bring it on....
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