16:09:24 EDT Thu 18 Sep 2025
Enter Symbol
or Name
USA
CA



Robex Resources Inc (2)
Symbol RBX
Shares Issued 218,248,888
Close 2025-09-17 C$ 3.70
Market Cap C$ 807,520,886
Recent Sedar Documents

Robex Resources accelerates warrant expiry date

2025-09-18 09:42 ET - News Release

Mr. Matthew Wilcox reports

ROBEX ANNOUNCES ACCELERATION OF WARRANT EXPIRY DATE

Robex Resources Inc. has accelerated the expiry date set for June 27, 2026, relating to its listed common share purchase warrants issued on June 27, 2024. The 2024 warrants were originally granted in connection with the company's equity financing, with each 2024 warrant entitling the holder to acquire one common share of Robex at an exercise price of $2.55.

Under the terms of the 2024 warrants, Robex is entitled to accelerate the expiry date if the volume-weighted average trading price (VWAP) and the closing price of the company's common shares on the TSX Venture Exchange equal or exceed $3.50 for a period of 10 consecutive trading days (an acceleration event). Further details of the 2024 warrants were disclosed at Section 8.5(a) of the company's replacement prospectus dated May 8, 2025.

The acceleration event occurred between Sept. 2, 2025, and Sept. 15, 2025, during which time the VWAP and closing price of Robex's common shares exceeded $3.50 for 10 consecutive trading days. This acceleration follows a sustained increase in the company's share price and reflects continued progress in the development of the Kiniero gold project in Guinea. As a result, the company has elected to accelerate the expiry date of the 2024 warrants to 5:30 p.m. Toronto time on Oct. 18, 2025. Any 2024 warrants that remain unexercised following the accelerated expiry date will expire and be of no further force or effect.

As of the date of this announcement, there are 57,759,921 2024 warrants outstanding. If all 2024 warrants are exercised prior to the accelerated expiry date, the company expects to receive gross proceeds of approximately $147.3-million.

Holders of the 2024 warrants are encouraged to exercise their 2024 warrants in accordance with the instructions provided in the notice of acceleration to be delivered to registered holders and available on the company's website.

Matthew Wilcox, managing director of Robex, commented: "This marks a major milestone for Robex. The acceleration of the warrants is a strong endorsement of our strategy and momentum, and it provides a timely opportunity to further strengthen our balance sheet. The expected proceeds will be used to fund exploration activities at Kiniero, support the continued development of the Kiniero mine and provide flexibility for broader corporate initiatives in 2026. With first gold pour at Kiniero scheduled for December, 2025, and commercial production expected in Q1 2026, we are entering a transformative phase for the company."

We seek Safe Harbor.

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