Robex Resources Inc.

Robex Resources Inc.

November 28, 2011 11:49 ET

Robex Announces the Appointment of its New VP Finance

QUEBEC CITY, QUEBEC--(Marketwire - Nov. 28, 2011) - Robex Resources Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce the appointment of Marc Boisjoli, M.Sc., as its new Vice-President, Finance. Reporting to André Gagné, President and Chief Executive Officer, Mr. Boisjoli will be responsible for the financial activities of the Company.

A recognized business leader, Mr. Boisjoli has more than 14 years of professional experience, including 10 years on the executive team of a publicly held company. As part of his functions with this manufacturing company based in Quebec City and listed on the Toronto Stock Exchange (TSX), he was Chief Financial Officer and secured more than $85 million in new financing. Prior to this, Mr. Boisjoli worked in the venture capital sector. He holds a master's degree in finance, a certificate in accounting and a bachelor's degree in actuarial sciences.

Departure of Jean-Claude Morel

Robex Resources announces that its Executive Vice-President, Jean-Claude Morel, has decided to leave the company to pursue personal projects. The members of the board of directors and the management team at Robex sincerely thank Mr. Morel for his dedication and excellent work while with the Company and wish him the very best in his new endeavours.

Granting of stock options

The board of directors of Robex Resources has granted 1,300,000 stock options to its new employees in Quebec and Mali, as well as to a board member and a consultant for their services. The options have been granted under the Robex Stock Option Incentive Plan, which allows the holder to acquire an equivalent number of shares at an exercise price of $0.245 per share. The options carry a maturity date of five years.

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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.

Contact Information

  • Investor relations
    Andre Gagne
    President and Chief Executive Officer
    Skype: andregagne11

    Media relations
    Frederic Berard
    Vice-President, HKDP Communications and public affairs
    514-395-0375, ext. 259