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Regenx Provides Bi-Weekly Update on Status of Management Cease Trade Order

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Regenx Tech Corp. (OTCQB: RGXTF) has provided a bi-weekly update regarding its Management Cease Trade Order (MCTO) granted by the Alberta Securities Commission on July 30, 2025. The company, which specializes in recycling diesel catalytic converters for precious metals recovery, was unable to file its required annual financial statements by the July 29, 2025 deadline.

The company has now fully paid its auditors, DMCL Chartered Professional Accountants, and the audit is in progress. Regenx expects to file the Annual Filings by September 29, 2025. The company confirms there have been no material changes, it is not subject to insolvency proceedings, and continues to comply with alternative information guidelines under NP 12-203.

["Auditors have been paid in full and audit is now in progress", "Company expects to file Annual Filings by September 29, 2025", "Company confirms no insolvency proceedings or other defaults"]

Regenx Tech Corp. (OTCQB: RGXTF) ha fornito un aggiornamento quindicinale relativo al Management Cease Trade Order (MCTO) concesso dalla Alberta Securities Commission il 30 luglio 2025. La società, specializzata nel riciclo di convertitori catalitici diesel per il recupero di metalli preziosi, non è riuscita a depositare i bilanci annuali entro la scadenza del 29 luglio 2025.

Gli auditor, DMCL Chartered Professional Accountants, sono stati interamente saldati e la revisione è ora in corso. Regenx prevede di depositare i documenti annuali entro il 29 settembre 2025. La società conferma che non ci sono stati cambiamenti materiali, non è soggetta a procedimenti di insolvenza e continua a rispettare le linee guida alternative di informazione previste da NP 12-203.

Punti chiave: "Gli auditor sono stati pagati per intero e la revisione è ora in corso", "La società prevede di depositare i documenti annuali entro il 29 settembre 2025", "La società conferma l'assenza di procedimenti di insolvenza o altri inadempimenti"

Regenx Tech Corp. (OTCQB: RGXTF) proporcionó una actualización quincenal sobre la Management Cease Trade Order (MCTO) otorgada por la Alberta Securities Commission el 30 de julio de 2025. La compañía, que se dedica al reciclaje de convertidores catalíticos diésel para la recuperación de metales preciosos, no pudo presentar sus estados financieros anuales antes de la fecha límite del 29 de julio de 2025.

Los auditores, DMCL Chartered Professional Accountants, han sido pagados en su totalidad y la auditoría está en curso. Regenx espera presentar los documentos anuales antes del 29 de septiembre de 2025. La empresa confirma que no ha habido cambios materiales, no está sujeta a procedimientos de insolvencia y continúa cumpliendo con las pautas alternativas de información bajo NP 12-203.

Puntos clave: "Los auditores han sido pagados en su totalidad y la auditoría está en curso", "La compañía espera presentar los documentos anuales antes del 29 de septiembre de 2025", "La compañía confirma que no hay procedimientos de insolvencia ni otros incumplimientos"

Regenx Tech Corp. (OTCQB: RGXTF)는 2025년 7월 30일 알버타 증권위원회가 부여한 관리 거래중지명령(MCTO)에 대한 격주 업데이트를 제공했습니다. 귀금속 회수를 위해 디젤 촉매 변환기를 재활용하는 전문 기업인 이 회사는 2025년 7월 29일 마감일까지 연간 재무제표를 제출하지 못했습니다.

감사인인 DMCL Chartered Professional Accountants에 대한 비용은 전액 지급되었으며 감사가 진행 중입니다. Regenx는 2025년 9월 29일까지 연차 제출서류를 제출할 예정이라고 예상합니다. 회사는 중대한 변경 사항이 없었고, 지급불능(파산) 절차에 해당하지 않으며 NP 12-203에 따른 대체 정보 지침을 계속 준수하고 있음을 확인했습니다.

핵심 포인트: "감사인 비용이 전액 지급되었고 감사가 진행 중입니다", "회사는 2025년 9월 29일까지 연차 제출서류를 제출할 예정입니다", "회사는 지급불능 절차나 기타 채무불이행이 없음을 확인합니다"

Regenx Tech Corp. (OTCQB: RGXTF) a fourni une mise à jour bihebdomadaire concernant son Management Cease Trade Order (MCTO) accordé par la Alberta Securities Commission le 30 juillet 2025. La société, spécialisée dans le recyclage de convertisseurs catalytiques diesel pour la récupération de métaux précieux, n'a pas pu déposer ses états financiers annuels avant la date limite du 29 juillet 2025.

Les auditeurs, DMCL Chartered Professional Accountants, ont été rémunérés intégralement et l'audit est en cours. Regenx prévoit de déposer les documents annuels d'ici le 29 septembre 2025. La société confirme qu'il n'y a pas eu de changements importants, qu'elle n'est pas soumise à des procédures d'insolvabilité et qu'elle continue de se conformer aux lignes directrices d'information alternatives en vertu de la NP 12-203.

Points clés : "Les auditeurs ont été payés intégralement et l'audit est en cours", "La société prévoit de déposer les documents annuels d'ici le 29 septembre 2025", "La société confirme qu'il n'existe pas de procédures d'insolvabilité ni d'autres manquements"

Regenx Tech Corp. (OTCQB: RGXTF) hat ein zweiwöchentliches Update zu seiner Management Cease Trade Order (MCTO) veröffentlicht, die von der Alberta Securities Commission am 30. Juli 2025 erteilt wurde. Das Unternehmen, das sich auf das Recycling von Diesel-Katalysatoren zur Rückgewinnung von Edelmetallen spezialisiert hat, konnte seine erforderlichen Jahresabschlüsse nicht bis zur Frist am 29. Juli 2025 einreichen.

Die Prüfer, DMCL Chartered Professional Accountants, sind vollständig bezahlt und die Prüfung läuft. Regenx erwartet, die Jahresunterlagen bis zum 29. September 2025 einzureichen. Das Unternehmen bestätigt, dass es keine wesentlichen Änderungen gegeben hat, nicht insolvenzpflichtig ist und weiterhin die alternativen Informationsrichtlinien gemäß NP 12-203 einhält.

Kernpunkte: "Die Prüfer wurden vollständig bezahlt und die Prüfung läuft", "Das Unternehmen erwartet, die Jahresunterlagen bis zum 29. September 2025 einzureichen", "Das Unternehmen bestätigt, dass keine Insolvenzverfahren oder sonstigen Zahlungsunfähigkeit vorliegen"

Positive
  • None.
Negative
  • Company failed to file required Annual Filings by July 29, 2025 deadline
  • Management Cease Trade Order remains in effect

EDMONTON, Alberta, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Regenx Tech Corp., (the "Corporation" or "Regenx") (CSE: RGX) (OTCQB: RGXT) (FSE: YRS WKN: A2DSW3) is providing this bi-weekly update on the status of the management cease trade order granted on July 30, 2025, by its principal regulator, the Alberta Securities Commission, under National Policy 12-203 -‎‎ Management Cease Trade Orders (“NP 12-203”), following the Corporation’s announcement on July 24, 2025 ‎‎(the “Announcement”) that it was unable to file its audited annual financial statements, ‎management’s ‎discussion and analysis and related certifications for the fiscal year ‎ended March ‎‎31, 2025 (the ‎‎“Annual Filings”) ‎on or before July 29, 2025, as required under applicable securities laws.‎ The Corporation’s auditors, DMCL Chartered Professional Accountants, have now been paid in full and the audit is in progress. The Corporation still ‎expects to file the Annual Filings by September 29, 2025.

The Corporation confirms that since the date of the Announcement: (i) there has been no material ‎change to the information set out in the Announcement that has not been generally disclosed; (ii) ‎the Corporation is satisfying and confirms that it intends to continue to satisfy the provisions of the ‎‎"alternative information guidelines" under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing ‎the Annual Filings continues, each of which will be issued in the form of a news release; (iii) there has ‎not been any other specified default by the Corporation under NP 12-203; (iv) the Corporation is not ‎subject to any insolvency proceedings; and (v) there is no material information concerning the ‎affairs of the Corporation that has not been generally disclosed.‎‎

About Regenx

Regenx Tech is a cleantech, urban mining company that recycles end-of-life diesel catalytic converters using its innovative and environmentally friendly proprietary technology for the recovery of precious metals, such as platinum and palladium. Learn more at www.regenx.tech.

For further information contact:

Don Weatherbee, CEO
1 866 498 4213 ‎
Investors@Regenx.Tech

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. In particular, this news release contains forward-looking information regarding: the filing of the Annual Filings, including the timing for the filing of the Annual Filings. ‎There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects Regenx’s current beliefs and is based on information currently available to Regenx and on assumptions Regenx believes are reasonable. These assumptions include, but are not limited to: the ability of Regenx to complete the Annual Filings in the noted timeframe. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Regenx to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation ‎affecting Regenx; the timing and availability of external financing on acceptable terms; long-term capital requirements and future developments in the Company’s markets and the markets in which it expects to compete;‎ lack of qualified, skilled labour or loss of key individuals. A description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in Regenx’s disclosure documents on the SEDAR+ website at www.sedarplus.ca. Although Regenx has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Regenx as of the date of this news release and, accordingly, is subject to change after such date. However, Regenx expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.


FAQ

Why was a Management Cease Trade Order issued for Regenx Tech (RGXTF) in July 2025?

A Management Cease Trade Order was issued because Regenx failed to file its required annual financial statements, management discussion and analysis, and related certifications for the fiscal year ended March 31, 2025 by the July 29, 2025 deadline.

When does Regenx Tech (RGXTF) expect to file its delayed Annual Filings?

Regenx Tech expects to file its delayed Annual Filings by September 29, 2025.

What is the current status of Regenx Tech's (RGXTF) audit process?

Regenx has now fully paid its auditors, DMCL Chartered Professional Accountants, and the audit is currently in progress.

What business does Regenx Tech (RGXTF) operate?

Regenx Tech is a cleantech urban mining company that recycles end-of-life diesel catalytic converters to recover precious metals such as platinum and palladium using proprietary environmentally friendly technology.

Is Regenx Tech (RGXTF) subject to any insolvency proceedings?

No, Regenx Tech has confirmed it is not subject to any insolvency proceedings and continues to comply with alternative information guidelines under NP 12-203.
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