Robex Appoints a New Investor Relations Firm
QUEBEC CITY, QUEBEC -- (Marketwire) -- 11/04/11 -- Robex Resources Inc. (TSX VENTURE: RBX)(FRANKFURT: RB4) is pleased to announce that it has retained the Florida-based firm of Michael Baybak and Company, Inc. ('MBC') to conduct institutionally-oriented investor relations programs on behalf of the Company. Headed by Mr. Michael Baybak, MBC is a long-term institutional and media investor relations specialist in the natural resource sector, with a focus on introducing Canadian resource companies of merit to broader institutional and retail investor audiences. This agreement is subject to the approval of the TSX Venture Exchange.
The Company will pay MBC a monthly fee of $US 6,000 for the one-year term of the agreement, cancelable upon 30 days' notice in writing at any time after the first three months of service; and/or the agreement may be renewed following the completion of the initial term.
Pursuant to the agreement, MBC will be granted an option to acquire 500,000 common shares of Robex at a price of $C 0,27 per share for a two year period. The stock option is subject to provisions in accordance with the Robex's Stock Option Plan and will gradually be apportioned by trimesters over one year.
For more information about the Nampala deposit and to access the corporate presentation, please visit:
Neither TSX Venture Exchange nor the regulatory service provider (as the term is defined in TSX Venture Exchange's policies) accepts any liability of any kind as to the authenticity or accuracy of this release.
Contacts:
Investor relations/information:
Andre Gagne
President and Chief Executive Officer
418-527-5023
a.gagne@robexgold.com
Skype: andregagne11