Regenx Opens Its First CleanTech Facility in Tennessee Recovering Precious Metals from End of Life Products
April 11 2023 - 2:00AM
Regenx Tech Corp., (the “Corporation” or Regenx”) (TSXV:
RGX) (OTCQB: RGXTF) (FSE: YRS: A2DSW3) is pleased to
announce that last week the Company received the occupancy permit
for its first facility in Greeneville, Tennessee. This permit
allowed the commissioning of Module 1 to begin. The commissioning
process includes the testing of all the components and will start
with processing smaller batches and gradually scaling up the
technology in stages to 100% of its expected capacity of 2.5 tonnes
per day. It is projected the commissioning phase will take up to 90
days to complete and reach full capacity.
Regenx’s CleanTech solution uses a
proprietary chemical and processing technology which offers a
sustainable alternative to current smelter options for the recovery
of platinum and palladium from recycled diesel catalytic
converters. Regenx CEO, Greg Pendura, stated, “What we’ve created
is a technology that encompasses modern, urban mining, while
promoting sustainability within a circular economy. We are excited
about completing our commissioning phase and expanding into a four
Module facility.”
Jeffrey Taylor, President & CEO of
Greene County Partnership, the economic development arm of the
County of Greeneville stated, “After having the chance to tour the
Regenx facility and meet with their senior management I’m impressed
and excited about the prospects of this operation. Both the city of
Greeneville and the State of Tennessee have been partnering with
Regenx to provide support and assistance in the growth of the
company. Regenx’s clean technology fits with the type of
development the County of Greeneville is trying to encourage to
locate in the area.”
About Regenx Regenx
is positioned for growth in the tech sector through the development
and commercialization of its environmentally friendly processing
technologies for the recovery of precious metals. Initial market
focus is the extraction of platinum and palladium from diesel
catalytic converters with its business partner Davis Recycling. For
further information visit www.Regenx.Tech
Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy of this release.
For further information
contact:
REGENX TECH CORP. Greg PenduraChief
Executive Officer780-800-0726Greg@Regenx.Tech
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