On Thursday, March 25, Greg Pendura, CEO of Mineworx hosted a webinar to provide investors with an important update following the company’s successful Rights Offering. The webinar covered the following topics:


  • The addition of Chris Sparrow and Harvey Granatier to the company’s board of directors,
  • The success raising of $4.8 million in the Rights Offering and the additional $1.2 million brought in through a private placement,
  • The recent 2 to 1 share consolidation, which now makes the number of shares outstanding – 342,766,081
  • The timeline and details to achieve full commercialization of its diesel catalytic converter platinum-group metals processing facility,
  • A new 3rd party Geologist report based on an Aeromagnetic survey that increases the potential resource for Mineworx’s Spanish iron ore project from 60 million tonnes to 101.27 million tonnes,
  • The current program plan will consist of drilling 21 holes with a total length of 2,200 m at its Spanish mining property. Expected to be completed by August of this year,
  • Investigating the opportunity to mobilize a small scale 60,000 tonnes per year production facility.

To watch the full webinar, please visit – https://youtu.be/yAyY9ANeRMY