ASX and Media Release: 4 August 2021ASX code: RXMNot for release...

ASX and Media Release: 4 August 2021
ASX code: RXM
Not for release to US wire services or distribution in the United States
Rex announces A$50m placement to fund pre-development
activities for Hillside
 Placement of A$50m with Macquarie Capital and Euroz Hartleys as Joint Lead Managers
at an offer price of A$0.30 per share which is a 16.7% discount to last close
 Proceeds used to primarily fund Hillside pre-development activities and expand the
project delivery team
 Rex is targeting a final investment decision (“FID”) for Stage 1 of the Hillside Copper
Project in South Australia in 4Q CY22
 Rex will commit to more drilling to unveil the extent of the gold system at Hog Ranch in
Nevada, USA