MWX Mineworx Technologies Ltd

Mineworx Announces Process Breakthrough

Mineworx Announces Process Breakthrough

EDMONTON, Alberta, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Company" or "Mineworx") (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) is pleased to announce that in addition to Platinum and Palladium the Company is now able to recover Rhodium successfully from used catalytic converters.

During the past year, the Mineworx team has been diligently working on research projects that has the potential to increased value to the Company. One of these projects was a new method that now allows for the recovery of Rhodium (Rh) in addition to Platinum (Pt) and Palladium (Pd).

Rhodium is a highly valued commodity that is present in many catalytic converters. The average spot price for Rh in the previous thirty (30) days is approximately $13,680.00 USD per ounce.

During research and trials conducted in Tennessee, it was determined the existing Mineworx pilot plant would be capable of recovering Rhodium by utilizing the newly developed techniques. Modifications to the pilot plant required to implement the new process were completed and did not adversely impact the operating efficiency or processing costs of the existing process for Pt and Pd.

The Company now plans for a full-scale set of tests utilizing the pilot plant to confirm the commercial viability of the initial results.

Greg Pendura, President and CEO stated, “This is exciting news for the Company as it allows us to source a broader range of feedstock and to recover a highly valued metal. We have a talented research team whose efforts continue to deliver new opportunities for the Company.”

About Mineworx

Mineworx is positioned for growth in the catalytic converter 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 supplied by its business partner Davis Recycling Inc. For further information, please visit

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

MINEWORX TECHNOLOGIES LTD.

Greg Pendura

President & CEO

780 800-0726



EN
23/08/2022

Underlying

MWXMineworx Technologies Ltd

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Mineworx Technologies Ltd

 PRESS RELEASE
Free
MWX Mineworx Techno...

Regenx Announces Changes to the Executive Management Team

Regenx Announces Changes to the Executive Management Team EDMONTON, Alberta, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Regenx Tech Corp., (the "Company" or "Regenx") (TSXV: RGX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) is pleased to announce that it is making changes to the executive management team. Emily Richardson CPA, CMA, has joined the Company as Chief Financial Officer. Emily has a broad range of experience, including operating a public accounting practice, teaching at post-secondary institutions, and management roles in industry. With her breadth of experience, Emily will provide Regenx wit...

October 31, 2022 1 EN
 PRESS RELEASE
Free
MWX Mineworx Techno...

Mineworx Announces Name Change

Mineworx Announces Name Change EDMONTON, Alberta, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Corporation" or "Mineworx") (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announced that the Corporation will change its name to “Regenx Tech Corp.” effective October 31, 2022. The common shares of the Corporation will commence trading under the new name on the TSX Venture Exchange with the new trading symbol “RGX” at market open on Monday, October 31 , 2022. There is no consolidation or change in the share capital. The new name and branding are appropriate for the fut...

October 27, 2022 1 EN
 PRESS RELEASE
Free
MWX Mineworx Techno...

Mineworx Secures Location for Commercial Plant

Mineworx Secures Location for Commercial Plant EDMONTON, Alberta, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Company" or "Mineworx") (TSXV: MWX) (OTCQB: MWXRD) (FSE: YRS WKN: A2DSW3) is pleased to provide an update on the location for the first commercial plant. The Company has secured a location to house Module 1 of the commercial facility zoned for heavy industry. This 30,000 sq. ft. facility with additional space available, has all the required infrastructure in place to commence production with Module 1 and allows for future expansion as the commercial facili...

October 20, 2022 1 EN
 PRESS RELEASE
Free
MWX Mineworx Techno...

Mineworx Provides Update on Share Consolidation

Mineworx Provides Update on Share Consolidation EDMONTON, Alberta, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd. (the “Corporation” or “Mineworx”) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announced that, further to its July 8, 2022 news release, effective on or about Tuesday, ‎September 20, 2022, the Corporation will complete the consolidation (the “Consolidation”) of its Common Shares on the basis of 2 pre-Consolidation Common Shares for 1 post-Consolidation ‎Common Share, subject to regulatory approval, including approval of the TSX Venture Exchange (“TSX ‎Ventu...

September 16, 2022 1 EN
 PRESS RELEASE
Free
MWX Mineworx Techno...

Mineworx Completes Rights Offering

Mineworx Completes Rights Offering EDMONTON, Alberta, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Corporation" or "Mineworx") (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announced today the successful completion of the previously announced rights offering (the “Offering”), subject to final approval of the TSX Venture Exchange (“TSX Venture”). The Offering was over-subscribed and at closing, Mineworx issued 347,178,581 common shares of the Corporation (each a “Common Share”) at a price of $0.015 per Common Share, raising total gross proceeds of approximately ...

September 15, 2022 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch