News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Management is getting more outspoken. Been quiet a long time, but now putting thins out, as they get ready to start actually running their fist module.
From Dec 2.
The circular economy is fully underway, but often reuse and recycling requires a highly pollutant process, negating any sort of positive gains.
This is the current case with traditional methods of recycling autocatalysts where smelting is the dominant commercial process used to recover precious metals such as Palladium (Pd) and Platinum (Pt) from used catalytic converters.
Regenx has tackled this problem head on - and has come to the market with an environmentally friendly and efficient process to recover these precious metals.
Interested to learn more? Watch our video to see how Regenx is playing its part in bringing about environmental change.
AN update on events from Management 12/1
https://mcusercontent.com/b8b7ca1d0dd37dfb5a4aed93e/files/94083f28-e636-7fb9-f115-8eaa3d1ed8d9/Regenx_Tech_Corp_Shareholder_Update_November_29th_2022_2_.01.pdf
text here.
Shawn Mehler - Corporate Communications
shawn@regenx.tech
(403) 360-2238
The Future of Precious
Metal Recovery.
www.regenx.tech PO Box 23135 RPO Citadel
St. Albert, AB T8N 6Z9
Shareholder Inquiries
Corporate Structure
As most of you are probably aware, as of October 31, 2022, Mineworx Technologies has officially
become Regenx Tech Corp. and the trading symbol in Canada on the TSX-V is now RGX and in the U.S.
on the OTCQB it is RGXTF.
The name change reflects our on-going transition from a traditional exploration company to a mineral
processing technology company. Even though technology has been part of our business model the
name “Mineworx” created a confusion regarding our strategic focus of a clean-tech platform. The new
Regenx brand reflects our efforts to market ourselves in the technology sphere which is being well
received in the marketplace. With the disposal of our Spanish exploration property, it was the right
time to fully embrace our future in the eco-conscious sphere. The rationale for our new name and
logo was recently communicated to our shareholders here.
Along with this, we have recently announced changes to the Executive Management Team. Don
Weatherbee has been promoted to the role of President of Regenx and will be focusing more on the
day-to-day operations as we move from a development to an operational focus. Don has spent over 7
years with the Company and has contributed admirably beyond his CFO duties and responsibilities.
He has the proven skill set and leadership abilities to build the team to meet the Company’s
expansion goals and objectives.
www.regenx.tech
Emily Richardson CPA, CMA joined our team as CFO. She brings a broad range of experiences and
skillsets that will support our expansion and growth initiatives. Financial controls along with system
formulation and implementation will be a large part of her responsibilities that are paramount in
successfully graduating to a commercial operation and expanding beyond that.
Shawn Mehler has also joined Regenx and will be managing all the communications between the
company’s corporate management and its investors. He will be responsible for releasing information,
handling inquiries and meetings and providing feedback to management. He can be reached at
shawn@regenx.tech or 403-360-2238. This appointment is part of our effort to initiate new programs
to expand the viewership of our corporate story as we move closer towards commercial production. I
believe our focus on these dedicated marketing initiatives will result in new energized shareholders,
both nationally and internationally, who will want to be part of our corporate story and share it with
others.
On a personal note, the past few years have taught me and many others the importance of a work/life
balance. Being a healthy, proud Grandpa has made this even more apparent. With the elevation of
Don and additional new team members, this will allow me to better achieve this new balance in my
personal life, while I remain fully engaged and committed to the future success of the organization.
The corporate infrastructure within the Company is going to continually increase as we build the team
to meet our objectives for Module 1 commercialization and transition into a 4-Module facility. Our
next large step will be growth within the North American marketplace and to set the stage for
international expansion. Each of these stages requires specific skill sets being added to the team to
ensure we are on the path to maximizing shareholder value.
Our background in technology development within the mining industry, including equipment
development, patents and know-how has brought us to where we are today. Without this experience
and technology development we could not have accomplished what we have to date within the
catalytic converter industry. We have come to a point where we had to decide where was best to
devote our resources and made the decision that we should exit the mining sector and focus
exclusively on the Clean-Tech opportunity.
www.regenx.tech
Operations
Our R&D and technical teams have done exceptional work from the onset in our journey to
commercializing the recovery of platinum group metals from diesel catalytic converters. This journey
started at the beginning of 2020 when we began investigating the potential of the catalytic convertor
market by hiring Fabricio Maia P. Eng., M. Sc. to lead our research team. In a period of less than two
years we have taken the concept through successful lab scale research, successful pilot plant
fabrication and operation, to completion of the commercial plant design.
This should be viewed as a tremendous accomplishment in normal times, but our group has done this
during a worldwide pandemic that had negative effects on both the ability to get work done and
secure parts and supplies due to supply chain disruptions.
As we move closer to the goal of commercial production, Rick Purdy, President Regenx USA, will
continue to add individuals to his operations team in Tennessee. We are now preparing our new
20,000 sq. ft. location for the installation of Module 1. This location will eventually become our first
facility housing a complete 4-Module operation. To date we have been successful in fast tracking the
permitting process for Module 1 while also supporting our long-term strategy for a 4-Module facility.
www.regenx.tech
All major components for the fabrication of Module 1 are scheduled to be delivered by the end of
2022 which will allow for construction and commissioning to occur in Q1 of 2023. Based on our start
up experience with the pilot plant, we project initial commercial production to commence in Q2 2022.
Future expansion and growth plans are currently underway and will be disclosed upon the successful
confirmation of results from Module 1. Our growing team is positioning us to fully scale this business
and significantly impact shareholder value. Understanding and planning for our projected growth is
paramount in maximizing this value.
There are questions regarding more detailed information on our projected economics that we are not
currently releasing publicly. The rationale behind this unpopular strategy is that the largest factor
contributing to plant profitability is the price we pay to purchase feedstock. Our partner has
requested that we keep information regarding potential margins initially out of the public domain
allowing them increased leverage in negotiating supply agreements for anticipated needs.
Pilot Plant
Very early into pilot plant operations it was decided not to try to make it a revenue source but solely
as an information gathering tool to better prepare us for the design and operation of Module 1. We
have focused on enhanced recoveries and improved efficiencies within the overall operation of the
system. The process that is planned for Module 1 is substantially different than the original design of
the pilot plant. The learnings from operating the pilot plant and being able to engage in batch testing
new concepts from the research team has allowed for robust stress testing of the design and
processes. This is saving us time and money.
As mentioned previously, the pilot plant will continue to operate even once we are in commercial
production. We are constantly evaluating and attempting to improve multiple factors such as
chemistry enhancements, operational efficiencies including cycle times and so on. The benefit of a
modular design is that we can make adjustments on various areas without the necessity of a complete
facility change.
The experience with the pilot plant showed us that we are able to begin the construction of the
commercial facility in a modular manner. This modular design reduces upfront capital requirements
and expedites the construction process. Once fully operational, the modular design will enhance the
mechanical availability and operational efficiency of the plant.
www.regenx.tech
Iron Bull Mining
The Iron Bull Mining team reached two important milestones recently. First, they completed the
purchase of the Okohongo Copper Project in Namibia from Thunder Gold, previously known as White
Metals. Completing this transaction allows for Iron Bull to list as a stronger company with ownership
confirmed for both the strategic assets the company was pursuing. The second milestone is that Iron
Bull has finalized the method and exchange for listing the Company. They have entered into an
agreement with AAJ Capital 3 Corp. to list the company on the TSX-V through a qualifying transaction
byway of what is commonly called a reverse takeover (RTO).
The Okohongo deposit sits on the western limb of a shallow synclinal structure that outcrops to the
west and east in Namibia. The Cu-Ag deposit is considered analogous with the stratiform sedimenthosted Central African Copper belt deposits of Zambia and the Democratic Republic of the Congo.
TECT Geological Services has been appointed to undertake modelling of the basin architecture,
remodel the current deposit, and generate targets for immediate testing. TECT has extensive
experience servicing majors in the DRC/Zambia copper belt and concurs that the Kaokoland shares
significant similarities to the African Copper Basin. In collaboration with Dr. Niel Pendock, TECT has
confirmed a significant target of approximately 10 km of potential bornite and chalcocite
mineralization along the eastern limb of the Okohongo syncline.
www.regenx.tech
The shallow occurrence of the copper deposit (up to depth of 250m) provides a rapid and costeffective drilling confirmation, which Iron Bull will be pursuing. Iron Bull will also pursue the
development of a small-scale mining operation targeting an initial production throughput of 30 ktpm.
Using a cut-off grade of 0.30% Cu and assuming 10% geological loss, the inferred Mineral Resources
(“MRE”) are reported as approximately 7.7 Mt grading 1.55% Cu and 26.77 g/t Ag with a calculated
copper equivalent (CuEq) of 1.82% Cu. The effective date of the Mineral Resource Estimate is August
11, 2021. The MRE was prepared by Caracle Creek International Consulting MINRES (Pty) Ltd. (“CCIC
MINRES”), South Africa, in accordance with current (2014) CIM Definition Standards on Mineral
Resources and Reserves.
On October 28, 2022, an Iron Bull transaction was announced with AAJ Capital 3 Corp a capital pool
company here. A capital pool company is a publicly traded entity that is basically a “shell” but is
financed and is looking for a viable business, known as a “Qualifying Transaction”. Basically, AAJ
Capital 3 Corp is providing the vehicle to list the company along with a cash consideration in exchange
for a percentage ownership of Iron Bull.
This transaction must be undertaken to meet Exchange requirements. Once all regulatory conditions
are met, the board of directors of the resulting issuer will be comprised of five nominees from Iron
Bull Mining.
The shares will be distributed to Regenx shareholders on a planned 20 to 1 distribution at the time of
listing. For Regenx to distribute the shares as a return of capital distribution, these shares must be
publicly listed for brokerage firms to accept delivery of them. Iron Bull/AAJ Capital are now in the
process of filing information with the Exchange regulators to obtain approvals for the transaction.
www.regenx.tech
This will impact Regenx shareholders. The record date will be set just prior to the completion of the
transaction, which is required to occur by February 28, 2023 or sooner. Any Regenx shareholder as of
the record date will be part of the Company’s distribution of shares by way of a return of capital on a
pro rata basis to the number of Regenx shares they own at the record date.
This is an in-depth summarization of the Iron Bull transaction, but necessary for our shareholders to
understand the significance and potential of this project. Their portfolio presently holds mineral
projects in Spain and Namibia and project financing has already been acquired for the copper project
in Namibia. There are aggressive work programs in place for the copper project which will continually
add value to the company. Iron Bull provides diversification with two high growth opportunities and
the true shareholder value will begin to emerge as work programs begin.
It has been a long journey from our junior mining beginnings to where we are today. The sale of one
of our mining assets in Spain years ago has given us the capital to begin the pursuit of
environmentally friendly metal processing technologies. Our initial pursuit was in the mining sector
and was primarily focused on developing environmentally friendly mobile equipment for gold
recovery from end of life or abandoned alluvial gold deposits. The necessity for a finer grinding
capability led to our development of a mobile patented grinding technology known as the X-Mill which
led us to the pursuit of recovering precious metals from the urban mining sector.
Looking back, each step taken by the Company has led us to where we are today. Without one step
the next one would not have occurred. Hindsight is always easy, but it does show that the decisions
made when forks in the road appear are the determining factors in the ultimate success or failure of
projects.
Thank you for your continued support and interest in Regenx Tech Corp.
greg@regenx.tech
Greg Pendura CEO
Dipped below $.06 again. I decided to buy back in for some shares. Hope we see the plant working and producing before the end of the year. 
Good news. You can buy it to morrow morning early, and probably beat most of the crowd who aren't paying attention to this specific stock on a holiday weekend. ANd still reap a fair amount of the rise that is sure to come.
|
Followers
|
22
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1150
|
|
Created
|
11/10/11
|
Type
|
Free
|
| Moderators | |||
