Robex cashes $315,042 from the exercise of warrants
QUEBEC, March 16 /CNW Telbec/ - Robex Resources Inc. (TSX-V: RBX / FWB: RB4) confirmed today that a total of 3,132,929 warrants were exercised prior to February 27, 2010 at a price of $0.10 per common share for total proceeds of $313,292. The warrants expired on February 26, 2011 and were issued in connection with the Company's financing completed in February 2009.
The Company has also issued 35,000 common shares at a price of $0.05 per share for total proceeds of $1,750 following the exercise of broker's warrants. The broker's warrants expired on October 15, 2011 and were issued in connection with the Company's financing completed in October 2009.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
www.robexgold.com For the Board of Directors: Rolland Veilleux, President of the Board of Directors
%SEDAR: 00003615EF
For further information: and Investor relations: André Gagné, CEO, (418) 527-5023, [email protected], skype: andregagne1
Share this article