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Financings

Regenx Announces Non-Brokered Financing for Gross Proceeds of $230,833

By The Northwire Desk — AI Analysis Apr 01, 2026 · 14:24 RGX · 0.03 Regenx Tech Corp.
RGX · Price

Executive Summary

  • Regenx Tech Corp. secured unsecured, non‑brokered financing of $230,833 through the issuance of debentures bearing 25% annual interest.
  • The debentures are redeemable at any time with 10 days’ written notice.
  • Proceeds will be used to support operations and general working capital, providing additional liquidity for the company’s urban‑mining activities.

Key Details

  • Financing Structure: Unsecured, non‑brokered debenture issuance.
  • Gross Proceeds: $230,833.
  • Interest Rate: 25% per annum.
  • Redemption Terms: Redeemable at any time upon ten (10) days’ prior written notice by the corporation.
  • Use of Proceeds: To fund ongoing operations and general working capital requirements.

Notable Quotes

(No executive quotes were provided in the release.)

Read the original news release →

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