Robex Resources Inc.
TSX VENTURE : RBX
FRANKFURT : RB4

Robex Resources Inc.

September 30, 2014 08:00 ET

Robex Resources Inc. Adjusts Its Production Capacity at Nampala

QUEBEC CITY, QUEBEC--(Marketwired - Sept. 30, 2014) - Robex Resources Inc. ("Robex" or the "Company") (TSX VENTURE:RBX)(FRANKFURT:RB4)

Robex's management wishes to inform the market that the research of solution with the current elution problems did not give the expected results. Continuing with these current installations will strongly affect the profitability of the Nampala site.

In order to immediately remedy this situation, Robex's management has decided to make some improvements and foresees a capital increase to fund a new gold room, some equipment and various works that will allow them to move to a production capacity of 3,500 t/d. Robex therefore plans to temporarily slow down production so that it matches to the actual capacity of the gold room and reduce consequently its operating costs.

During this period, Robex will continue to inform the market on the retained solution, the progress of construction, exploration, and changes related to the production.

About Robex Resources Inc.

ROBEX is a Canadian exploration and mine development company, whose shares trade in Canada on the TSX Venture Exchange (symbol: RBX) and in Germany at the Frankfurt Stock Exchange (Deutsche Borse AG, symbol: RB4). Robex currently holds eight exploration permits all located in Mali in West Africa. Mali is currently the third largest producer of gold in Africa.

This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Robex's control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated reserves, environmental risks (stricter regulations), unforeseen geological situations, unfavourable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Robex. The forward-looking information is based on the estimates and opinions of Robex's management at the time of the publication of the information and Robex does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws.

The TSX Venture Exchange or its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts no liability for the authenticity or accuracy of this release.

Contact Information

  • Robex Resources Inc.
    Rodrigue Gilbert
    Head of Communications
    Cellular: (581) 741-7421
    Office: (613) 808-7435
    E-mail: r.gilbert@robexgold.com