Mr. Georges Cohen reports

RESSOURCES ROBEX TREATS 133,450 TONNES AT NAMPALA IN MARCH 2017

Robex Resources Inc.'s Nampala mine processed 133,450 tonnes of ore during the month of March, 2017, which represents an average of 4,305 tonnes per day, an improvement of more than 5 per cent compared with February. The production data presented were validated by Antoine Berton, PhD, Soutex metallurgist, a metallurgy and ore processing consulting firm at the Nampala site.

Amendment of the terms of the one-million-euro loan obtained in January, 2016

Georges Cohen, president and chief executive officer of the company, has agreed to extend the term of the one-million-euro loan that he granted to the company in January, 2016, at the latest by Dec. 31, 2017, in order to enable Robex to have at present an easier level of cash. Interest at the annual rate of 8 per cent remains unchanged.

The amendment above is a transaction with a related party in regard to Regulation 61-101 protection of minority security holders in special transactions, since it relates to the loan from Mr. Cohen. However, it is exempted from the requirement to make a formal assessment and approval from minority security holders under Regulation 61-101, under the exemptions in paragraphs 5.5 (a), 5.5 (f) and 5.7 (1) (a) of Regulation 61-101, since the fair market value of the subject matter of the transaction with the related party and the counterparty of the transaction does not exceed 25 per cent of Robex's market capitalization, and the transaction is a loan on reasonable commercial terms and is beneficial to company. A material change report regarding the proposed amendment will be filed on the SEDAR website.

We seek Safe Harbor.