Regenx Announces Conditional Approval of CSE Listing and Voluntary TSXV De-Listing

EDMONTON, Alberta, June 20, 2023 (GLOBE NEWSWIRE) -- Regenx Tech Corp., (the "Corporation" or "Regenx") (TSXV: RGX) (OTCQB: RGXT) (FSE: YRS WKN: A2DSW3) ) is pleased to announce that it has received conditional approval to list its common shares on the Canadian Securities Exchange (the "CSE"), and anticipates to voluntarily delist its common shares from the TSX Venture Exchange (the "TSXV"). To ensure continued trading of the Corporation's common shares, the Corporation intends to arrange for the delisting of its common shares from the TSXV at market close on June 22^nd, 2023 and subsequent commencement of trading on the CSE on June 23^rd, 2023. The Corporation's trading symbol "RGX" will remain the same.

Management is of the view that listing the common shares on the CSE will provide the Corporation continued liquidity for its shareholders and to increase its exposure to new investors, in addition it will allow the Corporation to continue to reduce expenses due to the CSE's lower operating costs.

About Regenx

Regenx is positioned for growth in the CleanTech 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. For further information visit www.Regenx.Tech

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:

REGENX TECH CORP.
Greg Pendura
President & CEO
780-800-0726
[email protected]

Forward-Looking Information: Certain statements contained in this press release constitute "forward-looking information" as such term is ????defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", ?????"will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate ????to the Corporation are intended to identify ?forward-looking ?information. All statements other than ?statements of ?historical fact may be forward-looking ?information. Such ?statements reflect the Corporation's current ?views and ?intentions with respect to future events, and ?current ?information available to the Corporation, and are ?subject to ?certain risks, uncertainties and assumptions, including timing and the occurrence of the delisting of the Common Shares from the TSXV and the expected listing of the Common Shares on the CSE and the anticipated benefits of having the Common Shares listed on the CSE. Many factors ?could ?cause the actual results, performance or achievements that may be expressed or ??implied by such forward-?looking ?information to vary from those described herein should one or more of these risks ??or uncertainties ?materialize. ?Examples of such risk factors include, without limitation: credit; market (including ??equity, commodity, ?foreign ?exchange and interest rate); liquidity; operational (including technology and ??infrastructure); ?reputational; ?insurance; strategic; regulatory; legal; environmental; capital adequacy; the ??general business and ?economic ?conditions; the ability to ?implement business ?strategies and pursue business opportunities; ??the impact of new and changes to, or application of, current laws and regulations; increased competition; changes in foreign currency rates; increased ????funding costs and market volatility due to market illiquidity and competition for funding; critical accounting estimates and changes to accounting standards, policies, ????and methods used by the Corporation; as well as those risk factors discussed or ???referred to in ?the Corporation's disclosure ?documents filed with the securities regulatory authorities in certain ???provinces of Canada ?and available at ?www.sedar.com. Should any factor affect the Corporation in an unexpected ???manner, or should ?assumptions ?underlying the forward-looking information prove incorrect, the actual results or ???events may differ ?materially ?from the results or events predicted. Any such forward-looking information is ???expressly qualified in its ?entirety by ?this cautionary statement. Moreover, the Corporation does not assume ???responsibility for the accuracy or ??completeness of such forward-looking information. The forward-looking ???information included in this press release ?is ?made as of the date of this press release and the Corporation undertakes ???no obligation to publicly update or revise ?any ?forward-looking information, other than as required by applicable ???law.?