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     129  0 Kommentare Robex Announces Upsize to Previously Announced “Best Efforts” Agency Offering

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    QUÉBEC CITY, June 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is pleased to announce that is has increased the size of its previously announced “best efforts” public offering

    The public offering has been upsized to 50,691,200 units of the Company (each, a “Unit”) at a price of $2.17 per Unit for gross proceeds increasing to $109,999,904. The offering is led by SCP Resource Finance LP, as lead bookrunner and lead agent (the “Lead Agent”), on behalf of a syndicate of one or more additional agents (collectively, the “Agents”). All currency amounts in this news release are stated in Canadian dollars, unless otherwise indicated.

    Each Unit will be comprised of one (1) common share in the capital of the Company (each a “Common Share”) and one full (1) of one (1) Common Share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder thereof to acquire one (1) common share of the Company at an exercise price of $2.55 per common Share, until 5.30 pm (Montréal Time) on the date that is two (2) years following the closing date of the Offering, subject to adjustment in certain customary events, provided that in the event the Common Shares trade at a volume weighted average price of $3.50 or higher over a period of 10 consecutive trading days, the Corporation can accelerate the exercise of the Warrants to 10 days post provision of notice, which shall be not less than 30 calendar days following delivery of such notice.

    The Company granted the Agents an over-allotment option, which will be exercisable in whole or in part at any time and from time to time, up to and including the date which is 30 days after the closing of the Offering, in the sole discretion of the Lead Agent, to purchase from the treasury of the Company up to an additional number of Units as is equal to 15% of the number of the Units issued pursuant to the Offering, on the same terms as set forth above, to cover over-allotments, if any. The Offering is expected to close on or about June 26, 2024, and is subject to Robex receiving all necessary regulatory approvals, including the acceptance of the Offering by the TSX Venture Exchange (“TSXV”).

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    Robex Announces Upsize to Previously Announced “Best Efforts” Agency Offering NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES QUÉBEC CITY, June 18, 2024 (GLOBE NEWSWIRE) - Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is pleased to announce that is has …

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