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Robex Ressources Inc. : Contemplated Private Placement for up to $2,500,000

30.10.2014  |  Marketwire

QUEBEC CITY, QUEBEC--(Marketwired - Oct 30, 2014) - Robex Ressources Inc. ("Robex" or the "Company") (TSX VENTURE:RBX)(FRANKFURT:RB4) announces its intent to undertake a non-brokered private placement for up to $2,500,000 in legal tender of Canada ("CAD").

The placement consists of a maximum of 25,000,000 units totaling $2,500,000 CAD. Each unit price is $0.10 CAD consisted of one common share of the Company.

The proceeds of this placement will be mainly used by Robex and its subsidiaries for general purposes while waiting for the complete financing to restart operations of the Nampala mine.

There will be a hold period of four months and one day on all securities issued under this financing. This placement is subject to regulatory approval and filings.

About Robex Resources Inc.

ROBEX is a Canadian exploration and mine development company, whose shares trade in Canada on the TSX Venture Exchange (symbol: RBX) and in Germany at the Frankfurt Stock Exchange (Deutsche Borse AG, symbol: RB4). Robex currently holds eight exploration permits all located in Mali in West Africa. Mali is currently the third largest producer of gold in Africa.

The TSX Venture Exchange or its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts no liability for the authenticity or accuracy of this release.

This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Robex's control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated reserves, environmental risks (stricter regulations), unforeseen geological situations, unfavourable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Robex. The forward-looking information is based on the estimates and opinions of Robex's management at the time of the publication of the information and Robex does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws.



Contact

Rodrigue Gilbert
Head of Communications
Cellular: (613) 808-7435
Office: (581) 741-7421
r.gilbert@robexgold.com


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