Urban Miner Ben Davis Begins Supplying Platinum & Palladium to Clean-Tech First-Mover Regenx

Regenx Tech Corp. is a precious metals recovery first-mover in the USA with near-term cashflow. Regenx has a joint-venture with “urban miner” Ben Davis of Davis Recycling in Johnson City, TN. The joint-venture is 55% Regenx and 45% Davis Recycling. Davis Recycling will be supplying Regenx with spent diesel catalytic converters (CC). Regenx has proprietary clean technology which it is employing at its plant in Tennessee to recover platinum and palladium from used diesel CCs. Historically, smelting has been the dominate commercial method to recover Pd and Pt from used CCs. But smelters have a limited capacity, are environmentally hazardous and now refuse to accept diesel CCs due to the processing inefficiencies they create. This opens up a projected US$39.3 billion per year used diesel CC market by 2025. Regenx is poised to capitalize on the massive opportunity in the used diesel CC market via its processing and supply chain competitive advantages. First, Regenx has, via its proprietary technology, an ability to precipitate Pt and Pd into concentrate and recover about 90% of the metals in an environmentally-friendly manner. Second, Regenx has an exclusive partnership with Davis Recycling which will provide more spent diesel CCs than the company will initially be able to process. Regenx is currently building its commercial plant in Tennessee after proving the effectiveness of its technology in Vancouver. The pilot plant serves to optimize the scaling up to commercial production of eventually 10 tpd. Regenx is currently completing module one of a four module build-out over the next year. Commercial production from module one is expected to begin within a couple months. First year free cashflow to Regenx should be over US$10mm after all four modules are up and running. After the first plant is up and running the company plans to expand its processing capacity at its initial plant and then build and operate multiple plants throughout North America. Regenx is also seeing commercial interest out of Europe for its technology. Furthermore, Regenx is investigating how its business might generate carbon credits as a secondary form of revenue. 0:00 Introduction 2:04 How Ben Davis got into Diesel Catalytic Converter Recycling 6:57 How Ben sources diesel catalytic converters 7:59 Process of prepping diesel catalytic converters to give Regenx powder 8:55 Barriers to entry in diesel catalytic converter recycling 9:59 Legacy plans for Davis Recycling 12:30 Davis Recycling’s ability to source more diesel catalytic converters 13:11 Ben’s commitment to JV with Regenx 13:47 “What’s your biggest challenge, Ben?” 14:23 How Regenx & Davis Recycling JV came about 14:56 Greg says Davis Recycling is a tier-one supplier to Regenx 18:12 Update on Regenx plant build-out in Greenville, TN 19:15 JV capex arrangement 19:55 Capex funding of modules 2-4 20:24 Projected Regenx cashflow 21:08 Regenx doesn’t have challenges a traditional mine has 22:48 Greg is looking for a tech company valuation 23:24 Regenx getting interest from various entitites 24:23 Upcoming catalysts recap Website: https://regenx.tech/ Presentation: https://uploads-ssl.webflow.com/6287493474dce538ca2d8c63/6397e1ec3c019a185feb2d55_Regenx%20Corporate%20Presentation%20(Q4%202022)%20%20(4)-min.pdf Tickers: TSXV:RGX - OTCQB:RGXTF - FSE:YRS *Regenx Tech Corp was formerly Mineworx Technologies Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Regenx is a new 2023 MSE sponsor. Bill is visited the Johnson City, TN pilot plant as well as Davis Recycling on June 1, 2022 and took a position in RGX during Q4 2022 at about C$.075/share cost basis. Full MSE disclaimer: https://www.miningstockeducation.com/disclaimer/