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Rex Resources Corp
Symbol OWN
Shares Issued 11,189,285
Close 2024-06-25 C$ 0.08
Market Cap C$ 895,143
Recent Sedar Documents

Rex Resources agreement for Port Alberni mineral claims

2024-06-25 20:47 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest in eight mineral claims located in the Port Alberni mining division of British Columbia.

Consideration:  $300,000 cash and 2.5 million shares, plus $175,000 worth of shares issued at a value of no less than five cents per share

The property is subject to a 2-per-cent net smelter return (NSR) royalty, with the company having the right to purchase 1 per cent at any time for $250,000.

For further details, please refer to the company's news release dated May 24, 2024.

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