WINNIPEG, MANITOBA--(Marketwire - July 30, 2010) - RX Exploration Inc. (CNSX:RXE) (the "Company" or "RX") is pleased to announce that it has received approval of its application to list its common shares on the TSX Venture Exchange ("TSX-V"). Effective August 4, 2010, the Company's common shares are expected to commence trading on the TSX-V under the trading symbol "RXE", concurrent with the Company's withdrawal from listing from the CNSX. An aggregate of 12,078,325 previously issued and outstanding common shares and 3,850,000 stock options were placed in escrow in accordance with the policies of the TSX-V.
Murray Nye, President of RX, commented: "We are thrilled to have received TSX-V approval for the listing of our common shares. We believe that this listing will provide the Company and its shareholders with many advantages, including greater visibility and enhanced market access for Canadian and international investors."
About RX Exploration
RX Exploration Inc. is a gold exploration and development company whose strategy is to re-examine gold projects within North America that have previously reached advanced exploration, underground development or past gold production. The Company is currently focused on re-starting the Drumlummon Mine, it's past producing high-grade, bonanza-style, epithermal underground gold and silver mine in Montana. The Company has installed a water treatment system at the mine and mining activities are fully permitted.
The Company's shares are listed on TSX-V (Symbol: RXE). There are common shares issued and outstanding.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.