Regenx Announces Conditional Approval of CSE Listing and Voluntary TSXV De-Listing
June 20 2023 - 1:00AM
Regenx Tech Corp., (the
"
Corporation" or "
Regenx") (TSXV:
RGX) (OTCQB: RGXT) (FSE: YRS WKN: A2DSW3) ) is pleased to announce
that it has received conditional approval to list its common shares
on the Canadian Securities Exchange (the "CSE"), and anticipates to
voluntarily delist its common shares from the TSX Venture Exchange
(the "TSXV"). To ensure continued trading of the Corporation's
common shares, the Corporation intends to arrange for the delisting
of its common shares from the TSXV at market close on June 22nd,
2023 and subsequent commencement of trading on the CSE on June
23rd, 2023. The Corporation's trading symbol “RGX” will remain the
same.
Management is of the view that listing the
common shares on the CSE will provide the Corporation continued
liquidity for its shareholders and to increase its exposure to new
investors, in addition it will allow the Corporation to continue to
reduce expenses due to the CSE's lower operating costs.
About Regenx
Regenx is positioned for growth in the CleanTech
sector through the development and commercialization of its
environmentally friendly processing technologies for the recovery
of precious metals. Initial focus is the extraction of platinum and
palladium from diesel catalytic converters with its business
partner Davis Recycling. For further information visit
www.Regenx.Tech
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information contact:
REGENX TECH CORP.Greg PenduraPresident &
CEO780-800-0726greg@regenx.tech
Forward-Looking Information:
Certain statements contained in this press release constitute
"forward-looking information" as such term is defined in
applicable Canadian securities legislation. The words "may",
"would", "could", "should", "potential", "will", "seek",
"intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions as they relate to the Corporation are
intended to identify forward-looking information. All statements
other than statements of historical fact may be forward-looking
information. Such statements reflect the Corporation's current
views and intentions with respect to future events, and current
information available to the Corporation, and are subject to
certain risks, uncertainties and assumptions, including timing and
the occurrence of the delisting of the Common Shares from the TSXV
and the expected listing of the Common Shares on the CSE and the
anticipated benefits of having the Common Shares listed on the CSE.
Many factors could cause the actual results, performance or
achievements that may be expressed or implied by such
forward-looking information to vary from those described herein
should one or more of these risks or uncertainties materialize.
Examples of such risk factors include, without limitation: credit;
market (including equity, commodity, foreign exchange and
interest rate); liquidity; operational (including technology and
infrastructure); reputational; insurance; strategic;
regulatory; legal; environmental; capital adequacy; the general
business and economic conditions; the ability to implement
business strategies and pursue business opportunities; the
impact of new and changes to, or application of, current laws and
regulations; increased competition; changes in foreign currency
rates; increased funding costs and market volatility due to
market illiquidity and competition for funding; critical accounting
estimates and changes to accounting standards, policies, and
methods used by the Corporation; as well as those risk factors
discussed or referred to in the Corporation’s disclosure
documents filed with the securities regulatory authorities in
certain provinces of Canada and available at www.sedar.com.
Should any factor affect the Corporation in an unexpected
manner, or should assumptions underlying the forward-looking
information prove incorrect, the actual results or events may
differ materially from the results or events predicted. Any such
forward-looking information is expressly qualified in its
entirety by this cautionary statement. Moreover, the Corporation
does not assume responsibility for the accuracy or
completeness of such forward-looking information. The
forward-looking information included in this press release is
made as of the date of this press release and the Corporation
undertakes no obligation to publicly update or revise any
forward-looking information, other than as required by applicable
law.
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