In recent times RegenX Tech Corp (OTCQB:RGXTF) (CSE:RGX) has been in focus due to its work in providing environmentally safe extraction technologies to the mining sector. This morning the company could be in focus since it would delist from the TSX Venture Exchange and start trading on the Canadian Securities Exchange.
However, it should be noted that the ticker symbol of the stock shall continue to be RGX. While it was a significant new announcement from the company it is perhaps also important to note that RegenX has made considerable strides over the course of the past months and investors could do well to have some idea about those.
One of the more important developments in recent times was an update from the company with regards to the considerable progress that had been made on the commissioning and also with regards to some of the challenges that had been faced by RegenX in the Module 1 commissioning phase.
The company also noted that some of the challenges had been anticipated and had been part of the company’s plans. However, there were some other challenges which had cropped up later on and were unexpected.
Since the company had been working through these issues in the commissioning process RegenX also had to repair and adjust many of the components of the system. The company noted that such work was to be expected given the fact that it was a start up project that had been commissioned at scale.
Two of the challenges that had been outside of the company’s expectations were the heating requirements of the system and the other was with regards to the piping that had been necessary to transport the materials from one station to another. It may be a good idea to keep an eye on the stock today.