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REGENX TECH CORP - RGXTF STOCK NEWS

Welcome to our dedicated page for REGENX TECH news (Ticker: RGXTF), a resource for investors and traders seeking the latest updates and insights on REGENX TECH stock.

Regenx Tech Corp is a leading company in the CleanTech sector, specializing in environmentally friendly processing technologies to recover precious metals, with a focus on platinum and palladium extraction from diesel catalytic converters. Led by CEO Greg Pendura, the company has achieved significant milestones, including the successful installation of a larger gas line to boost clean technology capabilities. Regenx's commitment to innovation and sustainability sets it apart as a pioneering force in the industry.

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Regenx Tech Corp (CSE: RGX, OTCQB: RGXTF) has secured up to $50,000 in funding and advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The funding will support research and development efforts to advance the company's proprietary technology for extracting precious metals from end-of-life catalytic converters. The research is being conducted by Regenx's scientific team in the Vancouver, BC area. CEO Don Weatherbee expressed gratitude to the NRC IRAP team and their industrial technology advisor for their guidance throughout the process.

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Regenx Tech Corp. (TSXV: RGX, OTCQB: RGXTF) has secured a non-brokered financing through debentures for gross proceeds of $503,423. The debentures will carry a 15% annual interest rate and include warrant issuance of 500 warrants per $1,000 debenture. Each warrant enables the purchase of one common share at $0.05 per share until October 30, 2025. The company maintains the right to redeem debentures with 10 days prior notice. Proceeds will support operations and working capital needs. Regenx operates in the cleantech sector, focusing on recycling end-of-life diesel catalytic converters to recover precious metals like platinum and palladium.

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Regenx Tech Corp (CSE: RGX, OTCQB: RGXTF) has announced the granting of 5,700,000 stock options to directors, officers, employees, and consultants. The options have an exercise price of $0.05 per share and are valid for five years, subject to vesting provisions. This grant follows the Company's Stock Option Plan approved by shareholders on July 27, 2022.

During 2024, 1,800,000 previously issued options from 2019 expired. The new grant requires final approval from the Canadian Securities Exchange. Regenx operates as a cleantech urban mining company in the United States, specializing in recycling end-of-life diesel catalytic converters to recover precious metals like platinum and palladium.

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Regenx Tech Corp has resumed operations at its Greeneville facility following flood damage from Hurricane Helene, operating with temporary equipment and rehiring previously laid-off employees. The company announced a strategic relocation to a new facility in Newport, Tennessee, after their current property's lease won't be renewed. The new location, secured with a lease offering options for up to ten years, better aligns with Regenx's operational and economic goals. The transition began on November 1, 2024, with completion expected within a month. During the transition, the company maintains processing capacity of approximately 1,000 lbs. per day using temporary equipment.

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Regenx Tech Corp. (TSXV: RGX) (OTCQB: RGXTF) has reported on the effects of Hurricane Helene on its operations. CEO Don Weatherbee confirmed that the company's facility suffered no damage and all employees are safe. However, the Regenx Module One facility in Greene County has been impacted by severe flooding, rated as a 1 in 1,000-year event.

The local water intake structure was damaged, resulting in a complete shutdown of water supply to the area. Regenx's facility cannot operate without water access, and local officials expect water service to resume next week. The company will provide updates on the restart of operations as more information becomes available.

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Regenx Tech Corp. (TSXV: RGX) (OTCQB: RGXTF) has provided a production update for its Greeneville, TN facility and announced an upcoming Corporate Webinar on September 11, 2024. The company successfully processed over 32,000 lbs of diesel catalytic converter feedstock, with a portion containing more than 30 oz of precious metal shipped to Heraeus for final refining. However, during maintenance, technicians discovered unusual wear in the reactors, leading to a temporary halt in operations. Regenx is working on implementing a solution and will provide additional information during the webinar. The company focuses on developing environmentally friendly processing technologies for recovering precious metals, particularly platinum and palladium from diesel catalytic converters.

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Regenx Tech Corp. (CSE: RGX) (OTCQB: RGXTF) has announced significant changes in its senior leadership. Greg Pendura, who has led the company for over 14 years, is stepping down as CEO but will remain as Chairman of the Board. Don Weatherbee, who has been with Regenx since 2015 and served as President for the last two years, has been named the new CEO.

Weatherbee brings over 21 years of senior executive experience to the role. Pendura expressed confidence in Weatherbee's ability to manage the company's projected growth, citing his broad operational and financial experience. Weatherbee, in turn, expressed enthusiasm about leading Regenx into its next growth phase, emphasizing the strong team and opportunities ahead.

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Regenx Tech Corp. plans to distribute a presentation to address shareholder inquiries, provide strategic direction insight, and showcase recent achievements. The presentation by Kara Wood will be available on March 21 on the company's website and social platforms. Questions can be submitted until March 18.
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Regenx Tech Corp. announces the first shipment of black powder concentrate from its Tennessee facility, marking the start of revenue generation. The company produced 1 kg of material during the ramp-up phase, with the option to sell the 99.9% pure precious metal to a refiner or in alternative marketplaces. This milestone signifies a significant step in corporate development.
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Regenx Tech Corp. (RGX) to host Live Investor Webinar on December 19th 2023 for Module One commercialization progress and 2024 growth objectives.
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FAQ

What is the current stock price of REGENX TECH (RGXTF)?

The current stock price of REGENX TECH (RGXTF) is $0.01205 as of January 28, 2025.

What is the market cap of REGENX TECH (RGXTF)?

The market cap of REGENX TECH (RGXTF) is approximately 2.7M.

What is Regenx Tech Corp known for?

Regenx is a company specializing in environmentally friendly processing technologies for recovering precious metals, particularly platinum and palladium.

Who leads Regenx Tech Corp?

Greg Pendura is the President and CEO of Regenx Tech Corp, overseeing the company's operations and strategic direction.

What recent achievement has Regenx Tech Corp celebrated?

Regenx recently completed the installation of a larger gas line, a significant milestone that enhances the company's clean technology capabilities.

What sets Regenx Tech Corp apart in the industry?

Regenx's commitment to innovation and sustainability distinguishes it as a pioneering force in the CleanTech sector.

What is Regenx Tech Corp's focus in terms of precious metal extraction?

The company emphasizes the extraction of platinum and palladium from diesel catalytic converters as part of its core business.

How can stakeholders get in touch with Regenx Tech Corp for more information?

Interested parties can contact Regenx Tech Corp via email at greg@regenx.tech or by phone at 780-800-0726.

What industry sector does Regenx Tech Corp operate in?

Regenx is a key player in the CleanTech sector, focusing on environmentally friendly technologies for precious metal recovery.

What are some key milestones achieved by Regenx Tech Corp?

Regenx has successfully installed a larger gas line to boost clean technology capabilities, reaffirming its dedication to growth and sustainability.

How can individuals stay informed about Regenx Tech Corp's latest developments?

For the most up-to-date information on Regenx Tech Corp, visit the company's website at www.regenx.tech or contact CEO Greg Pendura at 780-800-0726.

What recent event has Regenx Tech Corp organized for stakeholders and investors?

Regenx Tech Corp recently hosted a webinar discussing the commercialization of Module One, showcasing the company's commitment to cutting-edge technology in the clean tech sector.
REGENX TECH CORP

OTC:RGXTF

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2.65M
391.94M
0.89%
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