Rex Resources Closes $190,000 Private Placement

Rex Resources Corp. (TSE:OWN) has released an update.

Rex Resources Corp. has successfully closed a non-brokered private placement, raising $190,000 by issuing 1.9 million units at $0.10 each. The funds will be used for option payment obligations on the Mactush Property and general working capital. The transaction is pending approval from the TSX Venture Exchange.

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