Disclaimer
THIS WEBSITE

(This “Website”) is provided by REX Resources Corp. (“REX Resources”, “Rex Resources”, “Rex” or “REX”). The statements and communications contained in the REX Resources Website are intended for information only. None of them constitutes a solicitation, an offer or a recommendation to buy or sell securities, or to conduct other transactions.

No warranty, either express, or implied, is given for the information and opinions published on the website. Actions based on statements made therein are the responsibility of those who take them. REX Resources therefore disclaims all liability for damage which may result directly and indirectly from the use, performance or consultation of the REX Resources web site, in connection with access to the website itself or other websites linked to it.

GENERAL DISCLAIMER

This Website was prepared as a summary overview of the current affairs of Rex Resources Corp. (“Rex Resources” or the “Company”) and was not prepared for the purpose of assisting prospective investors in making a decision to invest in Rex Resources. Information disclosed in this Website is current as of Sept. 1, 2024, except as otherwise provided herein and Rex Resources does not undertake or agree to update this Website after the date hereof. All information contained in this Website is derived solely from management of Rex Resources and otherwise publicly available third-party information that has not been independently verified by the Company. Further, the Company does not make any representation as to the completeness, truth or accuracy of the information contained in this Website. The Company expressly warns readers not to rely on the information contained herein as advice (legal, financial, tax or otherwise) to current or potential investors. Accordingly, any use of this information is at your risk and without liability to the Company. This Website does not constitute and should not be construed as either a public or private offer to sell or the solicitation of an offer to purchase securities of Rex Resources in any jurisdiction in which such offer, solicitation or sale would be unlawful. Each prospective investor should contact his/her or its own legal, financial or tax adviser for legal, financial or tax advice regarding investment related decisions respecting the securities of the Company. No person has been authorized to give any information or make any representation other than those contained in this Website and, if given and/or made, such information or representations must not be relied upon as having been so authorized.

FORWARD-LOOKING STATEMENT

This Website contains certain statements, which may constitute “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements involve statements that are not based on historical information but rather relate to future operations, strategies, financial results or other developments. Forward-looking statements are necessarily based upon estimates and assumptions, which are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the Company’s control and many of which, regarding future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward-looking statements made by or on Rex Resources’ behalf. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in any forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. All factors should be considered carefully, and readers should not place undue reliance on Rex Resources’ forward-looking information. Examples of forward-looking statements within this Website include statements relating to the future price of minerals, future capital expenditures, success of exploration activities, mining or processing issues, government regulation of mining operations and environmental risks. Generally, forward-looking statements can be identified by the use of terminology such as “expects,” “estimates,” “anticipates,” or variations of such words and phrases (including negative and grammatical variations) or statements that certain actions, events or results “may,” “could,” or “might” occur.

Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. This Website reflects Rex Resources’ current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by any forward-looking statements contained in this Website, and the Company has made assumptions based on or related to many of these factors. Such factors include, without limitation: risks related to Rex Resources’ mineral properties being subject to prior unregistered agreements, transfers or claims and other defects in title; risks related to the Company’s history of losses, which may continue in the future; risks related to increased competition and uncertainty related to additional financing that could adversely affect the Company’s ability to attract necessary capital funding or obtain suitable properties for mineral exploration in the future; risks related to Rex Resources’ officers and directors becoming associated with other natural resource companies, which may give rise to conflicts of interest; uncertainty and volatility related to stock market prices and conditions; further equity financing(s), which may substantially dilute the interests of Rex Resources’ shareholders; risks relating to the Company’s exploration operations; dependence on general economic, market or business conditions; changes in business strategies; environmental risks and remediation measures; changes in laws and regulations; fluctuations in spot and forward markets for base metals and certain other commodities markets; the utilization of existing assets at the Company’s mineral properties; the cost of exploration; restrictions on mining in the jurisdictions in which Rex Resources operates; laws and regulations governing Rex Resources’ operation, exploration and development activities; Rex Resources’ ability to obtain or renew the licenses and permits necessary for the operation and expansion of its existing operations and for the development, construction and commencement of new operations; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, potential unintended releases of contaminants, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding); inherent risks associated with tailings facilities and heap leach operations, including failure or leakages; the speculative nature of mineral exploration and development; the inability to determine, with certainty, production and cost estimates; inadequate or unreliable infrastructure (such as roads, bridges, power sources and water supplies); environmental regulations and legislation; the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; fluctuations in currency markets (such as the US dollar versus the Canadian dollar); the volatility of the metals markets, and its potential to impact the Company’s ability to meet its financial obligations; Rex Resources’ ability to recruit and retain qualified personnel; employee relations; limited supply of materials and supply chain disruptions; relations with and claims by indigenous populations; relations with and claims by local communities and non-governmental organizations; the effectiveness of the Company’s internal control over financial reporting; claims and legal proceedings arising in the ordinary course of business activities.

Forward-looking information is made based on management’s beliefs, estimates and opinions and are given only as of the date of this Website (September 1, 2024). Rex Resources undertakes no obligation to update forward-looking information if these beliefs, estimates and opinions or other circumstances should change, except as may be required by applicable law. Current and potential investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. All forward-looking information is expressly qualified in its entirety by this cautionary statement.

Nothing on this website is either an offer to purchase, or a solicitation of an offer to sell, shares of REX Resources or any other entity. Nothing on this website is a solicitation of a proxy from a security holder of REX Resources or any other company.

QUALIFIED PERSON (QP)

The scientific and technical content of this presentation has been reviewed and approved by Kris Raffle, P.Geo., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

HISTORIC RESOURCES

This Website contains information regarding samples from, and geological features on, the various property claims, as well as information on deposits as historic data from previously published public information. The Company cautions investors it has yet to verify historical exploration data. Except where noted, a qualified person has not done sufficient work to classify any of the references discussed in this Presentation as current mineral resources or mineral reserves and these estimates are being treated as historical in nature and not as current mineral resources or mineral reserves. Accordingly, these historical estimates are presented only for the purposes of assisting in describing the extent of mineralization and to outline the exploration potential.

EXCLUSION OF LIABILITY

REX Resources shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), and loss of profits, opportunities or information arising from:  the use of or reliance on information contained in this website; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to this website; any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website; and any other matter connected with this website; even if REX Resources is made aware of the possibility of such claims, expenses, damages or losses.

NOT RESPONSIBLE FOR INTERNET SOFTWARE OR COMPUTER VIRUSES

Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of information contained on this website. Computer viruses or other destructive programs may also be inadvertently downloaded from the website. REX Resources shall not be liable for Internet software, computer viruses or destructive programs and recommends that you install appropriate anti-virus or other protective software.

NOT RESPONSIBLE FOR LINKED WEBSITES

REX Resources provides links to third party websites for your convenience only and the inclusion of these links does not imply that REX Resources monitors or endorses these websites. Accordingly, REX Resources accepts no responsibility for such websites.

WEBSITE IS PROVIDED AS A SERVICE ONLY

This website is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in the United States, Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by REX Resources to that effect. The information on this website should not be used for the purpose of making investment decisions concerning REX Resources securities. Printed copies of public disclosure documents may be obtained directly from REX Resources Investor Relations.

EXTERNAL DATA LIMITATIONS

REX Resources, its affiliates and third-party providers are not responsible for any errors or omissions in the information contained on or accessed through this Site. All such information in this Site is provided “as is”. REX Resources, its affiliates and third-party providers make no warranties or representations and disclaim all express, implied and statutory warranties of any kind to the user and any third party, including, but not limited to, any warranties of accuracy, timeliness, completeness, merchantability, non-infringement and fitness for any particular purpose.

Except for claims that cannot be excluded by the applicable local law, REX Resources, its affiliates and third-party providers shall not have any liability, including but not limited to, tort, contract or any other liability to user or any third party arising as a result of use of or access to this Site.

REX Resources, its affiliates or third-party providers shall not be liable to user or any third party for lost profits or lost opportunity, direct, indirect, special, consequential, incidental or punitive damages whatsoever, even if REX Resources, its affiliates or third-party providers have been advised of the possibility of such damages.

Some jurisdictions do not allow for the exclusion or limitation of implied warranties or liability for incidental or consequential damages. Therefore, the above limitations may not apply to you, or there may be applicable laws which supersede the above. Any clause of this disclaimer declared invalid by the appropriate authority in each jurisdiction shall be deemed severable and shall not affect the validity or enforceability of the remainder of this disclaimer. REX Resources reserves the right to amend the document at its discretion at any time without notice.