Regenx Appoints New Auditor, Extends Rights Offering Expiry Date and Closing of Debenture Offering

EDMONTON, Alberta, April 11, 2024 (GLOBE NEWSWIRE) — Regenx Tech Corp., (the “Corporation” or “Regenx”) (CSE: RGX) (OTCQB:RGXTF) (FSE: YRS WKN: A2DSW3) announced today that it has appointed Gallo LLP, Chartered Professional Accountants, as auditor of Regenx effective April 10, 2024. The resignation of Regenx’s former auditor, Paul J. Rozek Professional Corporation, Chartered Professional Accountant (“PJR Prof Corp.”), was accepted by the Corporation effective April 3, 2024. On April 3, 2024, Regenx was notified by PJR Prof Corp., that the Chartered Professional Accountants of Alberta (“CPA Alberta”) asked PJR Prof Corp. to cease to perform all assurance engagement work on March 18, 2024. Furthermore, Regenx discovered on April 3, 2024, that PJR Prof Corp. signed an undertaking on October 13, 2023, that any assurance work of PJR Prof Corp. was subject to supervision, until the investigation was completed and a decision was made by the Complaints Inquiry Committee of CPA Alberta. Neither PJR Prof Corp. nor CPA Alberta gave Regenx any notice or warning of this significant risk. Regenx is continuing to review its options and may pursue legal action for any losses it may incur.

Read more at globenewswire.com