Northwire Canada EditionMonday, August 24, 2026
Northwire
GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0% EML 0.225 −4.3% GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0% EML 0.225 −4.3%
Financings Routine −

Regenx Announces Non-Brokered Financing for Gross Proceeds of $720,000

Micro-cap urban miner relies on recurring high-cost debt to fund operations while regulatory compliance remains stalled.

Executive Summary
  • Regenx Tech Corp. announced a non-brokered debenture financing on June 30, 2026, raising gross proceeds of $720,000.
  • The instrument is unsecured, carries a 15% annual interest rate, and is redeemable by the company upon 10 days' written notice.
  • Proceeds are designated for general operations and working capital.
  • This follows a clear pattern of small, high-interest debenture issuances throughout 2025 and 2026 ($469k, $352k, $230k), indicating a reliance on short-term, expensive debt to maintain liquidity.
Material Impact
  • The financing provides immediate, albeit temporary, liquidity but does not alter the company's fundamental trajectory or resolve its compliance deficiencies.
  • The 15% interest rate imposes a meaningful cash-flow burden on a company already struggling with audit completion and regulatory filings.
  • Trading remains restricted to the OTC Expert Market, limiting liquidity and retail participation. The capital raise does not change this structural constraint.
  • The market has already priced in the necessity of periodic micro-cap financings; the announcement is incremental and expected.
RGX · Price
Company Overview
  • Regenx Tech Corp. operates in the urban mining and cleantech sector, focusing on recycling and resource recovery from electronic and industrial waste.
  • The company trades on the Canadian Securities Exchange (CSE: RGX), OTC Markets (RGXTF), and Frankfurt Stock Exchange (YRS).
  • The business model relies on processing waste streams to recover valuable materials, but operational scaling has been overshadowed by regulatory and reporting challenges.
Read the original news release →

More from Regenx Tech Corp.