BC FORM 51-102F3
Material Change Report
Item 1. Name and Address of Company
State the full name and address of your company and the address of its principal office in Canada.
REG TECHNOLOGIES INC.
#240 – 11780 Hammersmith Way
Richmond, BC V7A 5E9
Phone: (604) 278-5996
Item 2.
Date of Material Change
State the date of the material change.
February 15, 2011
Item 3.
News Release
State the date and method(s) of dissemination of the news release issued under section 7.1 of National
Instrument 51-102.
February 15, 2011
The press release relating to this material change was distributed and filed by,
Marketwire, Marketnews Publishing, Inc. and Stockwatch on February 15, 2011.
Item 4.
Summary of Material Change
Provide a brief but accurate summary of the nature and substance of the material change.
The Company announced the distribution of the shares of Minewest Silver & Gold Inc.
has been extended until February 28th, 2011.
Item 5.
Full Description of Material Change
Supplement the summary required under Item 4 with the disclosure that should be sufficient disclosure to
enable a reader to appreciate the significance and impact of the material change without having to refer to
other material. Management is in the best position to determine what facts are significant and must disclose
those facts in a meaningful manner. See also Item 7.
Some examples of significant facts relating to the material change include: dates, parties, terms and
conditions, description of any assets, liabilities or capital affected, purpose, financial or dollar values,
reasons for the change, and a general comment on the probable impact on the issuer or its subsidiaries.
Specific financial forecasts would not normally be required.
Other additional disclosure may be appropriate depending on the particular situation.
For a full description of the material change, see Schedule “A”.
Item 6.
Reliance on subsection 7.1(2) of National Instrument 51-102
If this report is being filed on a confidential basis in reliance on subsection 7.1(2) of National Instrument
51-102, state the reasons for that reliance.
Not applicable.
Instruction:
Refer to subsections 7.1(5) and (7) of National Instrument 51-102 concerning continuing obligations in
respect of reports filed under subsection 7.1(2) of National Instrument 51-102.
Item 7.
Omitted Information
State whether any information has been omitted on the basis that it is confidential information.
In a separate letter to the applicable regulator or securities regulatory authority marked “Confidential”
provide the reasons for your company’s omission of confidential significant facts in the Report in sufficient
detail to permit the applicable regulatory or securities regulatory authority to determine whether to exercise
its discretion to allow the omission of these significant facts.
Not applicable.
Instruction:
In certain circumstances where a material change has occurred and a material change report has been or is
about to be filed but section 85 of the Act will no longer or will not be relied upon, a reporting issuer may
nevertheless believe one or more significant facts otherwise required to be disclosed in the material change
report should remain confidential and not be disclosed or not be disclosed in full detail in the material
change report.
Item 8.
Executive Officer
Give the name and business telephone number of an executive officer of your company who is
knowledgeable about the material change and the Report, or an officer through whom the executive officer
may be contacted.
John G. Robertson
President
(604) 278-5996
Item 9.
Date of Report
DATED at Richmond, British Columbia this24h day of February , 2011.
REG TECHNOLOGIES INC.
Per:
“John Robertson”
(Authorized Signatory)
John Robertson, President
(Print name and title)
SCHEDULE “A”
REG TECHNOLOGIES INC.
#240 – 11780 Hammersmith Way
Richmond, BC V7A 5E9
Phone: 604-278-5996 Fax: 604-278-3409
Toll Free: 800-665-4616
www.regtech.com
N E W S R E L E A S E
Reg Technologies Inc. (“Reg” or “RRE.V” or “REGRF”)
REG TECHNOLOGIES INC. DECLARES DISTRIBUTION OF THE
SHARES OF MINEWEST SILVER & GOLD INC.
RECORD DATE EXTENDED UNTIL FEBRUARY 28TH, 2011
For Immediate Release: February 15, 2011. Vancouver, BC - Reg Technologies Inc. (TSX)
Venture Exchange: RRE.V, OTC BB: REGRF) is pleased to announce the distribution of the
shares of Minewest Silver & Gold Inc. has been extended until February 28th, 2011.
Reg Technologies, Inc. has transferred its interest in the Silverknife Property for 8,000,000
shares of Minewest Silver & Gold Inc. Reg Technologies, Inc. will retain a 5% NPI. Minewest
Silver & Gold Inc. is a Reg Technologies Inc. subsidiary and private B.C. Company.
Reg Technologies, Inc. directors declared a distribution of Minewest Silver & Gold Inc. shares
on a 7 to 1 basis as of the previous record date February 15, 2011 to be extended to February
28th, 2011.
ABOUT MINEWEST SILVER & GOLD INC. (SILVERKNIFE CLAIMS)
The property lies on the northeastern flank of the Cassiar Mountains. The terrain of the area is
moderately mountainous, with rounded peaks and ridges separated by broad U-shaped valleys.
Property elevations range from 1,050 m ASL to 1,660 m ASL. Roughly 20% of the property is
above tree line, which is at approximately 1,450 m ASL.
The Silverknife Property is contiguous to Silvercorp’s Silvertip silver-lead-zinc deposit which lies
less than one (1) km from the Property boundary. Silvercorp has been active in the past two (2)
years exploring and re-evaluating the Silvertip Property towards the initiation of mining
operations. Recently, Silvercorp opened up a 50 man camp on the Silvertip Property and has
announced plans to apply for a Provincial Small Mine Permit for an underground mining
operation with a capacity of under 75,000 tonnes per year and all ancillary dewatering and
related permits. Exploration diamond drilling from 10,000-20,000 meters is currently underway
on the Silvertip Property.
The Silverknife mineral claims have been held continuously since they were staked in 1983 and
are held in trust by Reg Technologies, Inc.
Through a series of Property agreements, Minewest holds a 70% working interest, subject to a
10% net smelter return (NSI), in the Property. Teryl Resources Corp. holds 30% working
interest, and a 10% NPI in the Property.
Reg Technologies, Inc. is retaining a 5% net profit interest in the Property. A one percent (1%)
NSR is payable to SMR in relation to the Silverknife Property.
The Silverknife Property was worked extensively from 1984 through 1988 including geochemical
soil sampling, VLF-EM surveys, Induced Polarization surveys and diamond drilling (totaling over
4,400 meters).
These projects located geochemical and geophysical anomalies considered high priority
exploration targets as well as generated drill assay results from trace up to 4.2 meters of 29.3
oz/ton silver, 16.5 percent lead and 7.1 percent zinc (Hole 85-21).Sphalerite, galena and pyrite
within these mineralized sections are associated with ran coloured siderite which has been
interpreted as associated with the higher grace intersections.
REG TECHNOLOGIES INC.
Reg Technologies Inc. and REGI U.S., Inc. are developing for commercialization an improved
axial vane type rotary engine known as the Rand Cam TM/RadMaxTM rotary technology used in
the revolutionary design of lightweight and high efficiency engines, compressors and pumps.
The RadMaxTM engine has only two unique moving parts, the vanes (up to 12) and the rotor,
compared to the 40 moving parts in a simple four-cylinder piston engine. This innovative design
makes it possible to produce up to 24 continuous power impulses per one rotation that is
vibration-free and extremely quiet. The RadMaxTM engine also has multi-fuel capabilities
allowing it to operate on fuels including gasoline, natural gas, hydrogen, propane and diesel.
REGI U.S., Inc. and its parent company, Reg Technologies Inc., are currently designing and
testing prototype RadMaxTM diesel engines, compressors and pumps intended for aviation,
automotive, industrial processes, and military applications. Reg Technologies owns the
worldwide rights and REGI U.S., Inc., owns the U.S. rights to the RadMax technology. For more
information, please visitwww.regtech.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Reg Technologies Inc.
“John Robertson”
John Robertson,
President
Contacts:
Reg Technologies Inc.
John Robertson, 1-800-665-4616
READER ADVISORY
Statements in this press release regarding the business of Reg Technologies Inc. and REGI U.S, Inc. (together the “Companies’”)
which are not historical facts are "forward-looking statements" that involve risks and uncertainties, including management's
assessment of future plans and operations, and capital expenditures and the timing thereof, certain of which are beyond the
Companies' control. There can be no assurance that such statements will prove accurate, and actual results and developments are
likely to differ, in some case materially, from those expressed or implied by the forward-looking statements contained in this press
release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.
Forward-looking statements contained in this press release are based on a number of assumptions that may prove to be incorrect,
including, but not limited to: the impact of competitive products and pricing, the Companies' dependence on third parties and
licensing/service supply agreements, and the ability of competitors to license the same technologies as the Companies or develop
or license other functionally equivalent technologies; financing requirements; changes in laws, rules and regulations applicable to
the Companies and changes in how they are interpreted and enforced, delays resulting from or inability to obtain required
regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic
conditions in Canada, and the United States, industry conditions, increased competition, the lack of availability of qualified
personnel or management, fluctuations in foreign exchange, stock market volatility and market valuations of companies with respect
to announced transactions. The Companies’ actual results, performance or achievements could differ materially from those
expressed in, or implied by, these forward-looking statements, including those described in Reg Technologies’ financial statements,
management discussion and analysis and material change reports filed with the Canadian Securities Administrators and available at
www.sedar.com, and its Form 20-F filed with the United States Securities and Exchange Commission at www.sec.gov, and REGI’s
Form 10-KSB annual report filed with the United States Securities and Exchange Commission at www.sec.gov. Accordingly, no
assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of
them do so, what benefits, including the amount of proceeds, that the Companies will derive therefrom.
Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent ��forward-looking statements, whether
written or oral, attributable to the Companies or persons acting on its behalf are expressly qualified in their entirety by these
cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this
news release and the Companies do not undertake any obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities
laws.
Neither 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.