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Regenx Tech Corp. Successfully Completes Rights Offering

Regenx Tech Corp. Successfully Completes Rights Offering

Mineworx Technologies Ltd (TSE:RGX) has released an update.

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Regenx Tech Corp. has announced the completion of a successful rights offering, issuing over 395 million common shares and raising approximately $2.96 million in gross proceeds. These funds are earmarked for purposes outlined in a previous rights offering circular, with a focus on supporting growth in CleanTech and precious metal recovery technologies. Furthermore, the company is planning a share consolidation post its Annual General and Special Meeting.

For further insights into TSE:RGX stock, check out TipRanks’ Stock Analysis page.

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