Robex Resources Inc.

Robex Resources Inc.

March 04, 2014 08:30 ET

Robex Resources Inc./Modification of the Board of Directors: Departure of Mr. Jacques Trottier and Appointment of Mr. Benjamin Cohen

QUEBEC CITY, QUEBEC--(Marketwired - March 4, 2014) - Robex Resources inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) announces the resignation of Mr. Jacques Trottier Ph.D. Geologist of the Board of Directors of the Company and the appointment of Mr. Benjamin Cohen in replacement.

"Mr. Trottier was an important advisor in the establishment of our past and future exploration strategy," commented Mr. George Cohen, "and we thank him for his dedicated service to the company."

Mr. Benjamin Cohen has been actively involved in the Nampala project in recent months thanks to his knowledge and experience in project management of civil engineering and electromechanical. His experience in the provision of supplies and the installation of electrical components of Nampala allowed to catchup with the schedule for implementation, with the objective to startup at the end of March 2014. Being himself a major shareholder in Robex he did not hesitate to become involved in Robex to provide essential and complementary support to the project.

Robex's Board of Directors of will now consist of four independent directors and three directors representing the Cohen Group.

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 Inc.'s ("Robex") 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, unfavorable 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.

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