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Regenx Tech Faces Cease Trade Order Amid Filings Delay

Regenx Tech Faces Cease Trade Order Amid Filings Delay

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

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Regenx Tech Corp, a Clean Tech company specializing in precious metals recovery, has received a management cease trade order (MCTO) from the Alberta Securities Commission due to a delay in their annual financial filings. The MCTO, which only restricts the company’s CEO and CFO from trading, is expected to stay in place until the overdue documents are filed, projected by May 29, 2024. Meanwhile, shareholders are still able to trade their shares, and the company strives to resolve the issue promptly.

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

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