Regenx Tech Provides Operational Update
Rhea-AI Summary
Regenx Tech Corp. (OTCQB: RGXTF) announced significant progress in commissioning its upgraded facility in Newport, Tennessee. The company has successfully completed water testing following the receipt of final air permits, confirming full system integration with the newly installed air purification system.
The company is now conducting final system tests with chemistry, including equipment calibration and optimization, as the last step before resuming commercial production. The facility focuses on recovering platinum and palladium from end-of-life diesel catalytic converters.
Positive
- None.
Negative
- Commercial production not yet resumed
- Timeline for full-scale production ramp-up not specified
News Market Reaction
On the day this news was published, RGXTF gained 0.91%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
EDMONTON, Alberta, July 24, 2025 (GLOBE NEWSWIRE) -- Regenx Tech Corp. ("Regenx" or the "Company") (CSE: RGX) (OTCQB: RGXTF) (FSE: YRS; WKN: A2DSW3) is pleased to provide an update on the commissioning of its newly upgraded facility in Newport, Tennessee.
The Company has successfully completed water testing, a key phase in the restart process that confirms full system integration with the newly installed air purification system. This critical step was made possible following the receipt of final air permits.
“We are thrilled to reach this stage,” said Rick Purdy, President of Regenx USA. “The successful water test validates the extensive process enhancements we've implemented and marks a major step forward in our restart strategy. Our teams have worked tirelessly to get us here, and momentum continues to build.”
Regenx is now conducting a full system test with chemistry, including equipment calibration and optimization. This represents the final protocol in the commissioning process and will pave the way for commercial production to resume.
The Company will continue to provide updates on:
- Completion of commissioning
- Initiation of startup
- Ramp-up to full-scale production
As Regenx advances toward its operational goals, the Company remains focused on delivering a clean, sustainable, and economically viable solution for recovering platinum and palladium from end-of-life diesel catalytic converters.
For further information contact:
REGENX TECH CORP.
Investors@Regenx.Tech