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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.