Rex Resources Corp. (TSE:OWN) has released an update.
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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.
For further insights into TSE:OWN stock, check out TipRanks’ Stock Analysis page.