tiprankstipranks
Rex Resources Finalizes $50K Flow-Through Financing
Company Announcements

Rex Resources Finalizes $50K Flow-Through Financing

Story Highlights

Stay Ahead of the Market:

An announcement from Rex Resources Corp. ( (TSE:OWN) ) is now available.

Rex Resources Corp. has successfully closed a non-brokered private placement of flow-through common shares, raising $50,000. The funds will be used for eligible resource exploration expenses, qualifying as Canadian exploration expenses. The placement, closed on December 31, 2024, is subject to TSX Venture Exchange acceptance and includes a hold period of four months and one day for the securities issued.

More about Rex Resources Corp.

Rex Resources Corp. is a mineral exploration company focused on acquiring, exploring, and developing mineral resource properties. The company owns a 100% interest in eight mineral claims near Port Alberni, British Columbia, known as the Rex Property, and has an option to acquire a 100% interest in eight additional claims in the Macktush Property area.

YTD Price Performance: -12.50%

Average Trading Volume: 61,659

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of OWN stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles