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Mineworx Technologies Ltd ( (TSE:RGX) ) has provided an announcement.
Regenx Tech Corp. has secured up to $55,000 in advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program, marking the company’s second project supported by this federal innovation initiative. The funds will be used by Regenx’s Vancouver-based scientific team to further advance its proprietary process for extracting precious metals from end-of-life catalytic converters, support that management says will accelerate its technology development and strengthen its position in the cleantech recycling and urban mining segment.
More about Mineworx Technologies Ltd
Regenx Tech Corp. is a cleantech urban mining company focused on recycling end-of-life diesel catalytic converters using proprietary, environmentally friendly technology to recover precious metals such as platinum and palladium, targeting the growing market for sustainable precious metal recovery.
Average Trading Volume: 46,816
Technical Sentiment Signal: Sell
Current Market Cap: C$11.88M
Learn more about RGX stock on TipRanks’ Stock Analysis page.