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Regenx

The Future of Precious Metal Recovery.
A new clean technology for recovering precious metals from end of life products.

Invest in The Future


Bullboard - Investor Discussion Forum 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... see more

CSE:RGX - Post Discussion

Regenx Tech Corp. > RGX is running out of cash again
View:
Post by Atechnician on Dec 01, 2023 12:14pm

RGX is running out of cash again

The 3rd RO is coming.
Have you prepared for it?

AT.
Comment by canuck1326 on Dec 01, 2023 1:06pm
better not be.  I recognize they'll likely need money but I don't suspect a 3rd RO will be well received.  I would find it challenging to participate for a 3rd time myself
Comment by lscfa on Dec 01, 2023 1:16pm
I doubt it. Co. went to debenture financing for lastest funds to reduce dilution and because imminent cash flow will cover interest payments.
Comment by Atechnician on Dec 01, 2023 6:05pm
That debenture money is mostly spent.  RGX needs to raise more money and the market knows. I suppose you did not read the latest financial statement.. AT.
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Investment Opportunity

The Future of Precious Metal Recovery

  • New Cleantech recovers over 90% of precious metals from retired catalytic converters
     
  • Plant constructed in modular stages with each having 2.5 tonnes/day of capacity
     
  • 100 million USD in revenue with projected CAPEX payback less than a year
     
  • First commercial facility is currently scaling up production in Tennessee, USA
     


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Investor Relations
Greg Pendura
780-800-0726
investors@regenx.tech