Ann: Retail Entitlement Offer Results, page-2

Rex Minerals Ltd (Rex or the Company) advises the Retail Entitlement Offer component of its Non-
Renounceable Pro-Rata Entitlement Offer has resulted in raising a total of $1.5 million from retail
shareholders at 17 cents per share.
A further $5.6 million is being allocated to MACH Investment Enterprise Pty Ltd as sub-underwriter.
This increases the total amount raised under the Retail Entitlement Offer to $7.1 million.
Total funds raised under the Strategic Placement and Accelerated Non-Renounceable Entitlement Offer
are $22.6 million.
MA Moelis Australia Advisory Pty Limited acted as Sole Lead Manager and Underwriter to the equity raise.
Rex’s MD and CEO, Richard Laufmann, commented: “We are thankful for the support of our shareholders
and are pleased with the outcome of the equity raise. Funds raised strengthens Rex’s capital position and
will enable us to continue to execute on the Company’s strategy.”
Settlement of the Retail Entitlement Offer is to occur on 13 February 2024 (when the Company will
apply for quotation of the New Shares), with the issue of New Shares to occur on 14 February 2024, and
with trading of them to commence on 15 February 2024.
This announcement has been authorised for release by the Board of Directors of Rex Minerals.
For more information about the Company and its projects, please visit our website
https://www.rexminerals.com.au/ or contact:
Peter Bird
EGM Investor Relations & Business Development
T +1300 822 161 or +61 3 9068 3077
E ‘[email protected]’