Toronto, Ontario–(Newsfile Corp. – February 1, 2021) – REX Possibility Corp. (“REX” or the “Company“) is happy to announce that it has closed a non-brokered private placement (“Giving“) of 1,480,000 Models at a cost of $.25 for each Device for mixture gross proceeds of $370,000. Just about every Device is made up of a single (1) widespread share of REX and 1 (1) frequent share order warrant with each individual complete warrant exercisable to order a single typical share of REX at an training cost of $.35 for a period of time of two a long time from the date REX’s frequent shares are listed for trading on a identified Canadian inventory exchange. All securities issued in relationship with the Providing are issue to a maintain interval of four months and just one day. No charges or commissions ended up compensated in link with the Providing.
REX intends to use the proceeds of the Providing to continue on acquiring and employing its business strategy of investing in written content creators and influencers by getting pursuits in their information and channels.
About REX
REX is producing and implementing a approach of attaining pursuits in creators’ information and channels, rolling them into a public corporation to offer the option to make investments specifically in creators. With REX, creators and buyers will have the option to share in the growth of the information market.
For further details speak to:
REX Prospect Corp.
Jim Boyle, CEO
[email protected]
www.rexopportunity.com
Doug Ibbitson, CIO
[email protected]
No securities regulatory authority, stock exchange or regulatory providers supplier has reviewed or accepts duty for the information of this release.
Forward-hunting Statements
This press launch consists of “ahead-looking statements”. Ahead-seeking statements can be discovered by terms this kind of as: “foresee,” “intend,” “approach,” “objective,” “search for,” “believe,” “challenge,” “estimate,” “count on,” “strategy,” “future,” “very likely,” “may well,” “ought to,” “will” and identical references to potential durations. Illustrations of ahead-on the lookout statements consist of, among other people, statements we make relating to use of proceeds and new business strategies.
Ahead-hunting statements are neither historical details nor assurances of future functionality. As a substitute, they are based mostly only on our current beliefs, expectations and assumptions with regards to the long run of our small business, upcoming programs and procedures, projections, predicted situations and trends, the financial system and other long term conditions. Simply because ahead-looking statements relate to the future, they are subject matter to inherent uncertainties, dangers and changes in instances that are tough to forecast and quite a few of which are outdoors of our handle. Our true success and monetary ailment may possibly vary materially from individuals indicated in the forward-looking statements. For that reason, you really should not count on any of these forward-looking statements. Essential chance factors that could impact ahead-searching statements include things like, among the others, the pursuing: REX has minimal methods, the adequacy of proceeds of financing, the potential of the Corporation to attain financing, the regulatory setting, the economy and money marketplaces typically and in unique, the ability of administration to carry out a small business tactic, the significance of vital administrators, staff, advisors and consultants, and probable for competitors.
Any forward-wanting statement manufactured by REX in this push launch is primarily based only on info now obtainable to the Company and speaks only as of the date on which it is produced. Except as necessary by applicable securities laws, we undertake no obligation to publicly update any ahead-on the lookout statement, whether or not created or oral, that may perhaps be produced from time to time, regardless of whether as a result of new details, future developments or normally.
This information launch does not constitute an supply to offer or a solicitation of an supply to acquire any of the securities in the United States. The securities of the Company will not be registered below the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be available or sold in the United States or to, or for the account or benefit of U.S. individuals apart from in certain transactions exempt from the registration requirements of the U.S. Securities Act.
To look at the resource variation of this push release, please check out https://www.newsfilecorp.com/release/73355
At first printed
