Tillkännagivande • Sep 09
Bathurst Metallic Corp entered into an arm’s length non-binding letter of intent to acquire Rex Resources Corp. (TSXV:OWN) in a reverse merger transaction. Bathurst Metallic Corp entered into an arm’s length non-binding letter of intent to acquire Rex Resources Corp. (TSXV:OWN) in a reverse merger transaction on September 8, 2025. Bathurst Metallic will own a majority of the outstanding common shares of the Company and the Company is expected be renamed to such name as the Company and Bathurst Metallic may determine. Upon completion of the Proposed Transaction, it is anticipated that the Resulting Issuer will be listed as a Tier 2 Mining Issuer on the Exchange. Pursuant to the terms and conditions of the LOI, the Company and Bathurst Holdings Inc. will negotiate and enter into a definitive agreement incorporating the principal terms of the Proposed Transaction as described in the LOI and this news release. There is no assurance that a Definitive Agreement will be successfully negotiated or entered into. The LOI is expected to be superseded by the Definitive Agreement to be negotiated between the parties. The Proposed Transaction will be structured as a share exchange, plan of arrangement, amalgamation or other form of business combination based on the advice of the parties’ respective advisors and taking into account various securities, tax, operating and other considerations. Tillkännagivande • Jun 25
Rex Resources Corp., Annual General Meeting, Aug 29, 2025 Rex Resources Corp., Annual General Meeting, Aug 29, 2025. Board Change • Apr 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Adam Emes was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Feb 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$422k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$422k free cash flow). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.10m market cap, or US$769.3k). Tillkännagivande • Dec 11
Rex Resources Corp. announced that it expects to receive CAD 0.1 million in funding Rex Resources Corp. announced a non-brokered private placement of up to one million flow-through common shares at a price of CAD 0.1 per FT share for gross proceeds of up to CAD 100,000 on December 11, 2024. The private placement is subject to the acceptance of the TSX Venture Exchange, and all securities issued in connection with the private placement will be subject to a hold period of four months and one day in accordance with applicable securities laws. The company may pay finders' fees in connection with the private placement. New Risk • Aug 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$165k free cash flow). Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.11m market cap, or US$821.5k). New Risk • Aug 25
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$165k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$165k free cash flow). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.18m market cap, or US$871.2k). Minor Risk Shareholders have been diluted in the past year (36% increase in shares outstanding). Board Change • May 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Alan Hitchborn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 26
Rex Resources Corp. announced that it has received CAD 0.2575 million in funding On April 25, 2024, Rex Resources Corp. closed the transaction. The company issued 5,150,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 257,500. The transaction included participation from certain insiders of the company for CAD 50,000. The company paid an aggregate of CAD 9,200 in cash finder’s fees to two arm’s length parties, being Canaccord Genuity Corp. as CAD 2,400 and Research Capital Corporation as CAD 6,800. Board Change • Mar 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Alan Hitchborn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 10
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Alan Hitchborn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Alan Hitchborn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Alan Hitchborn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Alan Hitchborn was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$325k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.01m market cap, or US$762.8k). Minor Risk Shareholders have been diluted in the past year (7.4% increase in shares outstanding). Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Alan Hitchborn was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Jun 21
Rex Resources Corp. acquired 1414447 B.C. Ltd from Broadstone Resources Inc. for approximately CAD 0.23 million. Rex Resources Corp. entered into an agreement to acquire 1414447 B.C. Ltd from Broadstone Resources Inc. for approximately CAD 0.23 million on May 18, 2023. Rex Resources Corp. will acquire 100% of the issued and outstanding securities of BCCO from Broadstone in consideration for the issuance of 1,000,000 common shares of Rex Resources Corp at a deemed price per share equal CAD 0.04875 per Payment Share and will pay to Broadstone the sum of $175,000 in cash, of which $60,000 shall be payable on the Closing Date and $115,000 shall be payable on or before the earlier of the date that is six months following the Closing Date and three business days following the date on which the Company completes an equity financing for gross proceeds of at least $400,000. Immediately following the closing of the Proposed Transaction, the Payment Shares are expected to represent approximately 6.91% of the outstanding common shares of Rex Resources Corp. BCCO holds a 100% interest in eight contiguous mineral claims totalling approximately 1,562 hectares located near Port Alberni, British Columbia, generally known as the “Rex Property”. The transaction is subject to regulatory approval. The Proposed Transaction is anticipated to close in the coming weeks.
Rex Resources Corp. completed the acquisition of 1414447 B.C. Ltd from Broadstone Resources Inc. on June 19, 2023. Board Change • May 11
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Isidro Vasquez is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Isidro Vasquez is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 24
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Isidro Vasquez is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Isidro Vasquez is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 25
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Isidro Vasquez is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions Derivative • Feb 03
CEO & Director exercised options to buy CA$46k worth of stock. On the 28th of January, Craig Taylor exercised options to buy 325k shares at a strike price of around CA$0.20, costing a total of CA$65k. This transaction amounted to 19% of their direct individual holding at the time of the trade. Since March 2021, Craig's direct individual holding has increased from 1.65m shares to 1.70m. Company insiders have collectively bought CA$114k more than they sold, via options and on-market transactions, in the last 12 months. Tillkännagivande • Aug 17
Rex Resources Corp. announced that it expects to receive CAD 0.3 million in funding Rex Resources Corp. announced a non-brokered private placement of up to 1,500,000 units at a price of CAD 0.20 per unit for gross proceeds of up to CAD 300,000 on August 16, 2021. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant is exercisable to purchase one common share of the company at a price of CAD 0.25 per share for a period of 24 months from the date of closing. The transaction is subject to TSX Venture Exchange approval and all securities issued will be subject to a four month hold period. Finder’s fees may be payable in connection with the transaction, all in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Tillkännagivande • Jun 09
Rex Resources Corp. Announces It Is Planning A First Phase Diamond Drilling Program At the Kalum Property Rex Resources Corp. announced it is planning a first phase diamond drilling program at the Kalum property (the "Kalum Property"). Under the terms of the option agreement with Eagle Plains Resources Ltd. ("Eagle Plains"), the Company may acquire a 60% interest in the Kalum Property. The drill program is expected to commence in July 2021. The program is fully funded and permitted and additional particulars regarding the proposed work will be provided prior to the work program commencing. The Kalum Property is located within the Kitimat Range of the Coast Mountains, approximately 35 kilometers northwest of the city of Terrace, B.C., approximately 600 km north of Vancouver, B.C. The area is commonly referred to as "the Golden Triangle" due to the enormous mineral endowment found in this part of British Columbia. The Kalum Property is flanked by a large intrusive stock that has intruded sedimentary rocks of the Bowser Lake Group. A number of high grade, vein-type goldand silver occurrences are associated with the contact zone and magnetic signature of the intrusive stock. Tillkännagivande • Jun 03
Rex Resources Corp. has completed an IPO in the amount of CAD 0.45 million. Rex Resources Corp. has completed an IPO in the amount of CAD 0.45 million.
Security Name: Common Shares
Security Type: Common Stock
Price\Range: CAD 0.15
Discount Per Security: CAD 0.012
Security Name: Common Shares
Security Type: Common Stock
Price\Range: CAD 0.15
Discount Per Security: CAD 0.003 
