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Regenx Tech Corp. Legal Proceedings Report 2021

Jun 23, 2021

44507_rns_2021-06-23_0a9c9721-d335-4e82-afe3-c4f3ceb17844.pdf

Legal Proceedings Report

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FORM 51-102F3 MATERIAL CHANGE REPORT

Name and Address of Company

1.

Mineworx Technologies Ltd. (“ Mineworx ” or the “ Corporation ”) Suite 1000, Livingston Place West 250 2nd Street SW, Calgary, AB T2P 0C1

2. Date of Material Change

June 23, 2021

3. News Release

A press release was disseminated on June 23, 2021 via Globe Newswire.

4. Summary of Material Change

Mineworx Responds to Enviroleach Civil Action

5. Full Description of Material Change

5.1 Full Description of Material Change

Edmonton, Alberta, June 23, 2021 — Mineworx Technologies Ltd ., (the “ Company ” or “ Mineworx “) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announces today that it is aware of the press release issued by Enviroleach Technologies Inc. (“Enviroleach”) in which Enviroleach states that it has commenced a civil action against Mineworx in the Supreme Court of British Columbia (the “Civil Claim”) in relation to Mineworx allegedly using certain Enviroleach intellectual property without permission.

Mineworx denies any and all allegations made by Enviroleach and is of the view that the allegations are frivolous and without merit. Accordingly, Mineworx intends to vigorously defend the Civil Claim and to take all steps available at law to protect its interest and position going forward.

5.2 Disclosure for Restructuring Transactions

Not Applicable

6. Reliance on Section 7.1(2) of National Instrument 51-102

Not Applicable

7. Omitted Information

Not Applicable

8. Executive Officer

The name and business number of the executive officer of the Corporation who is knowledgeable about the material change and this report is:

CAN: 35686738.1

  • 2 -

Greg Pendura, President and CEO 780-800-0726 [email protected]

9. Date of Report

June 23, 2021

CAN: 35686738.1