Mr. Rodrigue Gilbert reports
ROBEX RESSOURCES INC. : CONTEMPLATED PRIVATE PLACEMENT FOR UP TO $2,500,000
Robex Resources Inc. intends to undertake a non-brokered private placement for up to $2.5-million in legal tender of Canada.
The placement consists of a maximum of 25 million units totalling $2.5-million. Each unit price is 10 cents consisting 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.
We seek Safe Harbor.
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