Regenx Tech Corp. C.RGX

MWX Announces Rights Offering & Proposed Share Consolidation

[HGBlog]

Surrey, B.C., Canada – January 22, 2021 – Mineworx Technologies Ltd., (the “Corporation” or “Mineworx“) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announced that it will be offering rights (the “Rights Offering“) to holders of its common shares (“Common Shares“) of record at the close of business on January 28, 2021 (the “Record Date”)....

For full news release: https://howardgroupinc.com/2021/01/mineworx-announces-rights-offering-and-proposed-share-consolidation/

[Atechnician]

" MWX Announces Rights Offering & Proposed Share Consolidation " MEANS you have to give MWX $0.015 per share you own to retain your percentage of ownership of the issued and outstanding common shares.  Feels like gouging to me. AT.

[Atechnician]

" MWX Announces Rights Offering & Proposed Share Consolidation " MEANS you have to give MWX $0.015 per share you own to retain your percentage of ownership of the issued and outstanding common shares.  Feels like gouging to me. AT. HOWEVER. if you don't subscribe, someone will have the chance to take HALF of your ownership in MWX for $0.015 per share. "

[Atechnician]

" MWX Announces Rights Offering & Proposed Share Consolidation " MEANS you have to give MWX $0.015 per share you own to retain your percentage of ownership of the issued and outstanding common shares.  Feels like gouging to me. AT. HOWEVER. if you don't subscribe, someone will have the chance to take HALF of your ownership in MWX for $0.015 per share. "

[Atechnician]

" Today, buying one share @ $0.06 gets you one share plus one right. If you subscribe, then after consolidation you end up with one share @ $0.075.   Through CIBC, someone bought over one million shares @ $0.06 @ 14:40:44. That seems to be a vote of confidence. " (1/25/2021 4:10:27 PM) The implied post consolidation share price, going by Wednesday's trading, would be