EX-99.5 6 exhibit995.htm MATERIAL CHANGE REPORT DATED APRIL L4, 2011. Converted by EDGARwiz

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.

March 28, 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.

March 28, 2011

The press release relating to this material change was distributed and filed by,

Marketwire, Marketnews Publishing, Inc. and Stockwatch on March 28, 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  that  a  notice  of  work  for  the  B.C.  Silverknife  property  has  been

submitted  to  the  B.C.  government  in  support  of  a  proposed  drilling  program  in  the

amount of up to 1,500 meters.

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 this 4th day of     April    , 2011.

REG TECHNOLOGIES INC.

Per:

“John Robertson”

(Authorized Signatory)

John Robertson, President

(Print name and title)



SCHEDULE “A”

REG TECHNOLOGIES INC.

www.regtech.com

#240 – 11780 Hammersmith Way

Richmond, BC V7A 5E9

Phone:  604-278-5996     Fax:  604-278-3409

Toll Free: 800-665-4616

N E W S  R E L E A S E

Reg Technologies Inc. (“Reg” or “RRE.V” or “REGRF”)

REG TECHNOLOGIES INC. AND MINEWEST SILVER AND GOLD

ANNOUNCE SILVERKNIFE NOTICE OF WORK SUBMITTED

For  Immediate  Release:  March  28,  2011.   Vancouver,  BC  –  Reg  Technologies  Inc.  (TSX  Venture

Exchange: RRE.V, OTC BB: REGRF) is pleased to announce that a notice of work for the B.C. Silverknife

property  has  been  submitted  to  the  B.C.  government  in  support  of  a  proposed  drilling  program  in  the

amount of up to 1,500 meters.

The  following  work  is  recommended  by,  Paul  D.  Gray,  P.Geo.,  within  the  2011  Silverknife  Technical

report as filed on SEDAR as follows:

*     Phase I (a) -

Silverknife data GIS Completion

*     Phase I (b) -

Core recovery program from previous drilling completed in 1985 & 1987

*     Phase I (c) -

Property survey / prospecting geological mapping

*     Phase I (d) -

Detailed geophysical survey

*     Phase I (e) -

Diamond drilling program 1,000 to 1,500 meters

Total budget $358,700.00

The   Silverknife   property   represents   a   zone   of   known   Ag-Zn-Pb   mineralization   distal   to,   and

stratigraphically  lower  than  the  Silvertip  deposit  and  more  proximate  to  the  Cassiar  Batholith  (a  potential

mineralizing  heat  source  in  the  district).    Paul  D.  Gray,  P.Geo.,  author  of  the  43-101  report  on  the

Silverknife  property,  believes  the  most  relevant  targets  for  mineral  exploration  on  the  Property  are

associated chimney-type feeder systems and mantos related to the Silvertip mineralizing event.

To  date,  there  has  been  insufficient  exploration  work  conducted  to  adequately  define  these  potential

targets and it is uncertain if such targets will be discovered. However, the fact the mineralization has been

identified and overlaps onto the Silvertip property is a compelling reason to explore for additional zones of

mineralization on the Silverknife Property.

In  1983,  the  Silverknife  Property  was  staked  and  from  1984-1988  Reg  Resources  Corp.  and  Chevron

Minerals  Inc.  a  staged  series  of  mineral  exploration  programs  were  conducted.    Geochemistry  and

geophysics  were  the  primary  initial  (1983-1985)  exploration  tools  applied  to  Property,  and  following  on  a

number  of  anomalies  discovered  in  1985  a  30  hole  diamond  drill  program  was  completed.   Based  on  this

first  phase  drilling,  a  “Discovery  Zone”  of  silver-zinc-lead  mineralization  was  uncovered,  including  the

following intersections:

*     Hole 85-4: 7.25m of 5.04oz/t Ag, 2.65% Pb and 3.09% Zn

*     Hole 85-6: 0.2m of 4.43oz/t Ag, 1.9% Pb and 3.42% Zn

*     Hole 85-21: 4.3 m of 29.02oz/t Ag, 10.14% Pb and 7.02% Zn



20  additional  holes  were  collared  from  1986-1987,  the  bulk  of  which  were  focused  on  defining  and

expanding  the  “Discovery  Zone”  mineralization  on  the  Property.   The  1987  drilling  included  the  following

mineralized intersections:

*     Hole 87-35: 18.02 m of 4.17 oz/t Ag, 1.67% Pb and 3.02% Zn

*     Hole 87-38: 9.99 m of 5.36 oz/t Ag, 1.73% Pb and 3.15% Zn

*     Hole 87-39: 4.63 m of 3.18 oz/t Ag, 4.60% Pb and 3.97% Zn

*     Hole 87-40: 5.94 m of 6.20 oz/t Ag, 3.47% Pb and 3.65% Zn

*     Hole 87-43: 8.00 m of 2.05 oz/t Ag, 1.59% Pb and 4.85% Zn

*     Hole 87-44: 3.66 m of 7.52 oz/t Ag, 6.21% Pb and 4.78% Zn

Through a series of agreements, the Property is owned as follows:

*     Reg   Tech   owns   8   million   shares   of   Minewest   Silver   and   Gold   (a   Reg   Technologies   Inc.

subsidiary,  British  Columbia  incorporated,  private  company),  which  owns  a  70%  working  interest

in the Silverknife Property subject to the 10% NPI held by Teryl;

*     Teryl owns 30% working interest and has a 10% Net Profit Interest (“NPI”);

*     Reg holds a 5% net profits interest against the whole of the Property;  and

*     a 1% NSR is held against the Property by SMR Investments Ltd.

*     Reg  Tech  is  making  a  distribution  of  shares  to  its  shareholders  on  a  7  to  1  basis.    For  every

seven shares of Reg the shareholder will receive 1 share of Minewest.

Qualified Person

Paul  D.  Gray,  P.  Geo.,  is  a  Qualified  Person  as  defined  in  NI  43-101  and  also  qualifies  under  the  rules

stated  by  the  U.S.  Securities  and  Exchange  Commission  (“SEC”),  and  has  verified  the  data  contained  in

this news release for accuracy.

ABOUT 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™/RadMax™  rotary  technology  used  in  the  revolutionary

design  of  lightweight  and  high  efficiency  engines,  compressors  and  pumps.  The  RadMax™  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  RadMax™

engine  also  has  multi-fuel  capabilities  allowing  it  to  operate  on  fuels  including  gasoline,  natural  gas,

hydrogen, propane and diesel.  For more information, please visit www.regtech.com .

ON BEHALF OF THE BOARD OF DIRECTORS

Reg Technologies Inc.

"John Robertson"

John Robertson

President

Contact:    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.