Rex Resources Corp. announced the appointment of Michael Leahy as a director of the Company. With over 12 years of entrepreneurial experience, Mr. Leahy is a seasoned business professional with expertise in business development, corporate development and operations.

He previously held the positions of Vice President of Business Development and later Chief Operating Officer at a private technology company renowned for its proprietary satellite radar technology utilized in mineral exploration, subsurface 3D modeling, and infrastructure monitoring. Additionally, Mr. Leahy served as the Executive Chair of the private technology company's U.S. subsidiary. His involvement extends across diverse sectors, including natural resources, technology, and tourism resort development, showcasing his versatile background in both public and private companies.

Mr. Leahy currently serves as the Chief Executive Officer and a director of GOAT Industries Ltd., as well as a director of Panther Minerals Inc. In addition to his role as a director of Rex, Mr. Leahy will serve as a member of the Company's audit committee. Mr. Leahy replaces Isidro Flores Vasquez, who has stepped down as a director in order to pursue other opportunities. The Company would like to thank Mr. Flores Vasquez for his contributions and wish him well in his future endeavors.