Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Rex Resources Corp. ( (TSE:OWN) ) has provided an announcement.
Rex Resources Corp. has announced the appointment of Adam Emes to its board of directors, replacing Alan D. Hitchborn. Mr. Emes brings extensive experience in capital markets and corporate development, which is expected to enhance Rex’s engagement with the investment community and support its strategic initiatives. Additionally, Rex plans to consolidate its common shares on a 1-for-3 basis to optimize its capital structure, pending approval from the TSX Venture Exchange. This move is anticipated to streamline the company’s share structure and potentially improve its market positioning.
More about Rex Resources Corp.
Rex Resources Corp. is a mineral exploration company focused on acquiring, exploring, and developing mineral resource properties. The company holds a 100% interest in eight contiguous mineral claims near Port Alberni, British Columbia, known as the Rex Property, and has an option to acquire a 100% interest in an additional eight claims known as the Macktush Property.
YTD Price Performance: -12.50%
Average Trading Volume: 89,488
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$858.2K
For a thorough assessment of OWN stock, go to TipRanks’ Stock Analysis page.