Regenx Completes Share Consolidation & Engages US-Based Investor Relations Firm RBMG
EDMONTON, Alberta, June 18, 2024 (GLOBE NEWSWIRE) -- Regenx Tech Corp., (the "Corporation" or "Regenx") (CSE: RGX) (OTCQB: RGXT) (FSE: YRS WKN: A2DSW3) announced that, further to its June 12, 2024 news release, the Corporation has completed the consolidation (the “Consolidation”) of its Common Shares on the basis of 2 pre-Consolidation Common Shares for 1 post-Consolidation Common Share, subject to regulatory approval, including approval of the Canadian Securities Exchange (the “CSE”). As of today, the Common Shares of the Corporation will trade on a post-Consolidation basis on the CSE.
Regenx engages US-Based investor relations firm
The Company is pleased to announce it has engaged the US-based corporate communications firm, RB Milestone Group LLC (“RBMG”), to provide investor relations services including corporate communications advisory, non-deal roadshow advisory, market intelligence advisory, and business referrals to the management team of the Company. RBMG has been retained for an initial term of 12-months starting June 10, 2024 and will be paid US$25,375 in cash per quarter. RBMG is at arm’s length to the Company. The agreement is subject to regulatory approval.
RBMG is a US-based corporate communications firm founded in 2009 that specializes in investor relations advisory and has offices in New York City and Stamford, Connecticut. RBMG’s US advisory practice delivers investor relations programs tailor-made for emerging companies that are private and publicly traded on the NYSE, NASDAQ, OTC, TSX, TSXV, CSE, ASX and AIM. RBMG refines communications strategies, weighs data and advises clients on how to penetrate new markets. It helps clients target and secure relationships with niche US stakeholders and key industry strategics globally. Utilizing digital techniques, artificial intelligence (AI) and machine learning, RBMG has developed methods that improve traditional client IR initiatives to maximize ROI. RBMG partners with clients across a wide range of industry segments, including CleanTech, Metals & Mining, Renewable Energy, and Technology, among others. To learn more about RBMG please visit: www.rbmilestone.com
About Regenx Tech Corp.
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 at its US-based recycling facility in Tennessee. For further information visit www.Regenx.Tech
For further information contact:
Investor Relations
RB Milestone Group (RBMG)
investors@regenx.tech
General Inquiries
Regenx Tech Corp.
101 Lafleur Drive
St. Albert, AB T8N 7M8, Canada
1-866-498-4213
info@regenx.tech
www.Regenx.Tech
Forward Looking Statements
This press release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”), including statements regarding Regenx’s business and the Consolidation. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Regenx's control, including the impact of general economic conditions, the current share price of Regenx's common shares, and market acceptance of the private placement, industry conditions, currency fluctuations, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Regenx believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Regenx does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
