Regenx Tech Corp Announces Production Update and Webinar
Regenx Tech Corp Reports on Recent Production Developments
An announcement from Regenx Tech Corp has shed light on the ongoing production activities at its Tennessee facility, tackling some recent operational challenges while gearing up for future successes. The company will be hosting a Corporate Webinar designed to inform investors and interested parties about the developments on September 11, 2024.
Production Update Highlights
Following a successful rights offering earlier this year, Regenx has made significant strides in enhancing its production capabilities. The company reported processing over 32,000 pounds of diesel catalytic converter feedstock, an important step towards reaching its design capacity. Notably, this processing effort yielded over 30 ounces of precious metals, which were sent to Heraeus for final refining. These achievements are expected to feature in the upcoming third-quarter financial results.
Addressing Operational Challenges
During routine maintenance, it was discovered that the reactors were experiencing unusual wear. Upon further scrutiny by manufacturer technicians, it became evident that the wear was too severe for repair, indicating the need for a reassessment of operational safety protocols, especially given the increased capacity utilization. Regenx has responded proactively, working closely with its technical teams and equipment manufacturers to formulate a solution.
Upcoming Corporate Webinar Announced
The Corporate Webinar on September 11th at 11 am ET aims to provide additional insights into the company’s strategies and timeline for resuming full operations. Regenx warmly invites shareholders and interested individuals to participate. Those attending the webinar will have the opportunity to submit questions in advance through a registration form, ensuring that inquiries are addressed during the session.
Event Details
Date: Wednesday, September 11, 2024
Time: 11am ET
About Regenx Tech Corp
Regenx Tech Corp (TSXV: RGX, OTCQB: RGXTF, FSE: YRS WKN: A2DSW3) is poised for expansion in the Clean Tech sector, focusing on sustainable technologies for the recovery of precious metals. The company’s current efforts predominantly target the extraction of platinum and palladium from diesel catalytic converters, with operations based in the United States.
Contact Information
For more information, please reach out to:
REGENX TECH CORP.
Email: Investors@Regenx.Tech
Frequently Asked Questions
What is the main focus of Regenx Tech Corp?
Regenx focuses on developing environmentally friendly technologies for the recovery of precious metals, specifically aiming at platinum and palladium extraction from diesel catalytic converters.
When is the Corporate Webinar scheduled?
The Corporate Webinar is set to take place on September 11, 2024, at 11 am ET, providing vital information on the company's operational updates.
What recent production milestones has Regenx achieved?
The company successfully processed over 32,000 pounds of feedstock, yielding valuable precious metals, anticipated to contribute significantly to their third-quarter financials.
How can interested parties participate in the webinar?
Stakeholders and interested individuals can register for the webinar and submit questions through a registration form to ensure their inquiries are addressed.
What challenges is Regenx currently facing?
Regenx has encountered operational challenges with excessive wear in its reactors, which has prompted a review of its safety protocols and operational capacity.
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