REX RESOURCES CORP. announced that Meetul Patel has been appointed as the Company's new Chief Financial Officer effective January 17, 2022. Mr. Patel replaces Ryan Cheung who has resigned from his position with the Company.

Mr. Patel has worked in the capital markets for the past two years and has served as a director and officer of various companies. Mr. Patel previously worked at KPMG LLP as a Senior Accountant and his responsibilities included financial planning and analysis, tax, and audit. He also held prior audit positions including at the Canada Revenue Agency.