Toronto, Ontario–(Newsfile Corp. – February 8, 2021) – REX Opportunity Corp. (“REX” or the “Corporation“) is pleased to announce the modification of prior non-public placements to decrease the featuring costs by $.10 for every unit and to prolong the expiry date of warrants comprising section of the models to two decades from the day of listing on a identified Canadian stock exchange. REX will issue 2,298,085 shares, 2,075,000 warrants exercisable at $.35 for each share and 111,543 warrants exercisable at $.50 per share. No additional proceeds will be received by REX.
REX is also pleased to announce that it has received conditional acceptance for the listing of its prevalent shares on the Canadian Securities Exchange (the “CSE“).
About REX
REX is producing and utilizing a technique of buying interests in creators’ content material and channels, rolling them into a public company to present the opportunity to make investments instantly in creators. With REX, creators and buyers will have the possibility to share in the growth of the articles marketplace.
For more information call:
REX Prospect Corp.
Jim Boyle
Main Government Officer
[email protected]
Douglas Ibbitson, CFA
Chief Investment Officer
[email protected]
No securities regulatory authority, stock exchange or regulatory expert services service provider has reviewed or accepts accountability for the articles of this release.
Forward-hunting Statements
This push launch contains “ahead-wanting statements”. Ahead-wanting statements can be recognized by terms these kinds of as: “foresee,” “intend,” “plan,” “purpose,” “search for,” “feel,” “undertaking,” “estimate,” “assume,” “method,” “long run,” “possible,” “may perhaps,” “should,” “will” and comparable references to long term durations. Illustrations of ahead-hunting statements incorporate, amid many others, statements we make about use of proceeds and new enterprise methods.
Forward-wanting statements are neither historic info nor assurances of potential general performance. Alternatively, they are based only on our existing beliefs, anticipations and assumptions about the long term of our enterprise, long term plans and tactics, projections, expected events and developments, the overall economy and other foreseeable future conditions. Since ahead-wanting statements relate to the future, they are subject to inherent uncertainties, threats and variations in instances that are challenging to forecast and several of which are outdoors of our manage. Our true benefits and money problem may possibly vary materially from those people indicated in the ahead-seeking statements. Hence, you need to not rely on any of these forward-searching statements. Significant danger factors that could have an impact on ahead-on the lookout statements include things like, among the many others, the following: REX has constrained resources, the adequacy of proceeds of funding, the capacity of the Company to receive financing, the regulatory surroundings, the economic system and capital markets commonly and in unique, the capacity of administration to carry out a enterprise technique, the significance of important directors, workforce, advisors and consultants, and potential for levels of competition.
Any forward-looking statement made by REX in this press launch is based mostly only on details at the moment available to the Company and speaks only as of the date on which it is created. Apart from as needed by relevant securities legislation, we undertake no obligation to publicly update any ahead-searching assertion, irrespective of whether penned or oral, that may be made from time to time, irrespective of whether as a consequence of new information, long run developments or otherwise.
This news launch does not represent an present to provide or a solicitation of an offer to get any of the securities in the United States. The securities of the Company will not be registered beneath the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and may perhaps not be supplied or sold in just the United States or to, or for the account or profit of U.S. people other than in selected transactions exempt from the registration demands of the U.S. Securities Act.
To look at the resource variation of this press launch, remember to go to https://www.newsfilecorp.com/release/73886
