Rex Opportunity Corp. Announces Changes to the Board of Directors and Appointment of New CFO

Toronto, Ontario--(Newsfile Corp. - January 10, 2019) - Rex Opportunity Corp. ("Rex" or the "Company") announces the resignation of Mr. Olin Reid as a director and Chief Financial Officer of the Company and the resignation of Colin Bowdidge as a director of the Company.

The Company also announces the appointment of Bruce Reid and Julio DiGirolamo to the board of directors, and the appointment of Mr. DiGirolamo as the Chief Financial Officer of the Company.

Bruce Reid

Mr. Reid is the President and Chief Executive Officer of 55 North Mining Inc., as well as a Director. Mr. Reid was previously the Chairman, President and Chief Executive Officer of Carlisle Goldfields from January 2010 until January 2016 when the Company was purchased by Alamos Gold Inc. Mr. Reid is also currently a Director of Satori Mining Inc. and several other public mining companies. Mr. Reid was also the Founder, President and Chief Executive Officer of U.S. Silver Corp. from June 2005 to November 2008. Previous to this Mr. Reid was intimately involved in the start-up and successful build and sale of numerous Mining Companies such as Western Goldfields, Patricia Mining and High Plains Uranium. Mr. Reid also has extensive experience in Corporate Finance and Mining Investment Research with a twenty year career in the investment business with such firms as Nesbitt Thomson, Loewen Ondaatje McCutcheon and Yorkton Securities. Mr. Reid combines all this with direct practice as an Exploration Geologist working on numerous projects in the Canadian North during the 1970s and early 1980s. His background of more than 35 years of direct and indirect experience in the mining and mineral exploration industry follows graduation with a B.Sc. in Geology from the University of Toronto in 1979 and a finance degree from the University of Windsor in 1982.

Julio DiGirolamo CPA, CA

Mr. DiGirolamo is a Chartered Professional Accountant with over 23 years of senior-level public company experience, over half of it in the mining sector and including four and a half years as CFO for Carlisle Goldfields Limited until its acquisition by Alamos Gold Inc. in January 2016. He currently serves as the CFO for Bunker Hill Mining Corp., Idaho Champion Gold Mines Canada Inc., and others. He has served on the boards of various public corporations and non-profit organizations. Mr. DiGirolamo has experience in corporate governance and regulatory matters.

For further information contact:

Rex Opportunity Corp.
Jim Boyle, President and CEO

No securities regulatory authority, stock exchange or regulatory services provider has reviewed or accepts responsibility for the content of this release.