Mr. Greg Pendura reports

REGENX ANNOUNCES SYSTEM SURPASSES PRIOR RECOVERY RATES

Regenx Tech Corp. has released the system recovery rates obtained during the start-up phase of the commissioning of Module 1 in Greeneville, Tenn.

During the initial phase of commissioning a recovery rate of 86 per cent for both platinum (Pt) and palladium (Pd) was consistently achieved. By the end of the commissioning phase recoveries of 94 per cent for Pt and 98 per cent for Pd were attained. The recovery rates reported previously were solely for the leaching process. The overall recovery results currently reported reflect the entirety of the process including all sections where potential precious metal losses occur, such as leaching, solid/liquid separation and the Merrill Crowe recovery.

"The team is very excited being able to replicate the results from the lab and pilot plant trials during the start-up commissioning phase. These results were obtained using very low-grade materials which makes this even more exciting as low-grade material was the most challenging to obtain high recoveries in the lab environment. Everyone at Regenx is excited as we enter the next stage of the company's development as a fully commercial operation. The company's vision is to become a global solution for an ever-increasing multibillion-dollar problem," stated Greg Pendura, chief executive officer.

About Regenx Tech Corp.

Regenx is positioned for growth in the clean tech sector through the development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. Initial focus is the extraction of platinum and palladium from diesel catalytic converters with its business partner Davis Recycling.