How does the Consent and Dismissal Order affect EnviroMetal (EVLLF) legal exposure?

The Consent and Dismissal Order concludes the named civil claim and counterclaim between the companies. According to the company, this court-approved order, plus the Release and Settlement Agreement, ends pending arbitration and removes these specific legal disputes.

EnviroMetal Settles Outstanding Disputes with Regenx

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Rhea-AI Summary

EnviroMetal (OTC:EVLLF) announced the Supreme Court of British Columbia approved a Consent and Dismissal Order that ends all claims between EnviroMetal and Regenx Tech Corp., covering civil claims filed June 21, 2021 and counterclaims amended January 20, 2023.

The companies also executed a Release and Settlement Agreement terminating pending arbitration and disputes, with no admission of liability and no compensation owed by either party.

Positive

Supreme Court approval of Consent and Dismissal Order ending litigation
Release and Settlement Agreement terminates pending arbitration between the parties
No compensation owed and no admission of liability by either party

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None.

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04/15/2026 - 08:30 AM

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - EnviroMetal Technologies Inc. (CSE: ETI) (FSE: 7N2) ("EnviroMetal" or the "Company"), is pleased to announce the Supreme Court of British Columbia has approved a Consent and Dismissal Order ending all claims between EnviroMetal and Regenx Tech Corp. and parties related to Regenx Tech Corp. ("Regenx"). The Consent and Dismissal Order covers a civil claim filed by EnviroMetal against Regenx on June 21, 2021, and a counter claim filed by Regenx on August 13, 2021, as amended on January 20, 2023.

In addition to settling the legal claims, EnviroMetal and Regenx have entered into a Release and Settlement Agreement which ends pending arbitration between the companies relating to prior agreements between the companies, including a joint venture agreement.

The parties settled all claims without admission of liability by any party and with no compensation owed by any party.

About EnviroMetal Technologies Inc.
EnviroMetal Technologies is commercializing highly effective precious metal recovery technologies. EnviroMetal's proprietary non-cyanide, water-based, neutral pH and closed-circuit treatment process has been proven to extract precious metals from ores and concentrates at lab and pilot scale and provide both operational and environmental advantages to gold mining companies. EnviroMetal is actively engaging with mining companies seeking to reduce the costs and environmental impact of their operations. For more information please visit: https://EnviroMetal.com

Contact Information:
Jason Leikam
VP Corporate Development
EnviroMetal Technologies Inc.
info@EnviroMetal.com
(604) 428-2400

The CSE has not approved or disapproved of the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292590

FAQ

What did EnviroMetal (EVLLF) announce about its dispute with Regenx on April 15, 2026?

EnviroMetal announced the Supreme Court of British Columbia approved a Consent and Dismissal Order ending all claims. According to the company, the parties also signed a Release and Settlement Agreement that ends arbitration and related disputes with no admission of liability and no payments owed.

Does the EnviroMetal settlement with Regenx (EVLLF) involve any cash payment or liability?

No, the settlement involves no compensation and no admission of liability. According to the company, the agreement and court order resolve the civil claim and counterclaim and terminate related arbitration without financial payments by either party.

Which claims and dates are covered by EnviroMetal's (EVLLF) settlement with Regenx?

The settlement covers EnviroMetal's civil claim filed June 21, 2021 and Regenx's counterclaim filed August 13, 2021, amended January 20, 2023. According to the company, the court order and settlement resolve those cited filings and related arbitration.

What does the settlement with Regenx mean for EnviroMetal's (EVLLF) operations and partnerships?

The settlement removes the specific legal and arbitration disputes between the two firms. According to the company, the Release and Settlement Agreement ends claims tied to prior agreements, including matters related to a joint venture, without admissions or payments.