Robex Resourcesis pleased to announce the signing of the previously announced syndicated facility agreement with Sprott Resource Lending, as agent and lead arranger, Sycamore Mine Guinée-SAU, a subsidiary of the Company, as borrower, and others, in respect of a US$130 million senior secured syndicated facility to finance the construction of the Kiniero Gold Project. Closing of the Debt Facility will occur on the date that [...]
Robex Resources is pleased to announce the closing of the convention, compliant with the 2023 Mining code, with the government of Mali. The convention has now been signed by the Government as per the terms signed on the 12th of September 2024 and approved by the council of ministers on the 13th of February 2025. The government has now a 20% ownership in Nampala SA and will contribute to the governance of Nampala through a [...]
Robex Resources Inc. is pleased to announce the adoption and approval by the Council of Ministers of Mali on February 12th, 2025 of the draft decree that approves the new convention agreement signed between Nampala SA, Ressources Robex Inc. and the Government of Mali. As part of the reforms carried out in the mining sector, the State of Mali and the Companies signed a memorandum of understanding on September 12th, 2024 [...]
Highlights: Following a competitive process previously announced, we have retained Sprott Lending Corp has our debt provider Sprott received investment committee approval for up to US$105 million project financing debt facility, with the option to increase it to up to US$130 million Debt margin of 6.5% per annum with an additional interest rate formula based on gold price No hedging or royalties Anticipated first drawdown [...]
Robex Resources is pleased to announce that it has closed its previously announced "best efforts" public offering of 16,585,400 common shares of the Company at a price of $2.05 per Common Share for gross proceeds of $34,000,070. The Offering was led by SCP Resource Finance LP, as bookrunner and agent. The number of Common Shares sold and gross proceeds realized by the Company have been adjusted to reflect the exercise by [...]
Robex Resources is pleased to announce that it has filed a prospectus supplement to its short form base shelf prospectus dated July 20, 2023 with respect to its previously announced "best efforts" public offering of 14,634,200 common shares of the Company at a price of $2.05 per Common Share for gross proceeds of $30,000,110. The Supplement has been filed with the securities regulatory authorities in each of the provinces [...]
Robex Resources is pleased to announce that is has engaged a lead agent to offer for sale to the public, on a "best efforts" agency basis, up to 14,634,200 common shares of the Company at a price of $2.05 per common share for gross proceeds of up to $30,000,110. The Company intends to file a prospectus supplement to its short form base shelf prospectus dated July 20, 2023 on or about January 23, 2025. The Supplement will [...]
HIGHLIGHTS: Increased Reserves Life of Mine : Nampala mine life extended to December 2026 with Mineral Reserves at 121Koz ounces @ 0.93g/t; Potential to grow Mineral Reserves: Indicated Mineral Resources of 243Koz @ 0.94g/t Au; Economics: Consensus Case: Pre-tax Net Present Value at discount rate of 5% of US$106.1M, and Post-tax NPV5% of US$71.1M. Average annual gold production: Nampala is expected to produce 52,000 [...]
Increased Reserves Life Of Mine: Mineral Reserves increased by 442,000oz or 46% to 1.41 million ounces from Kiniero's 2023 Feasibility Study; Potential to grow Mineral Reserves: Kiniero has Indicated Mineral Resources at 2.2Moz @ 0.96g/t Au, plus Inferred Mineral Resources of 1.53Moz @ 1.05g/t Au; More than 25,000 m of drilling completed since the database cut off. An updated Reserve Statement to include this drill data [...]
Robex Resources is pleased to announce that the board of directors of the Company has adopted a deferred share unit plan for the Company's directors. A copy of the DSU Plan will be made available for review under the Company's profile on SEDAR+. Furthermore, on the advice of its Remuneration Committee, the board of directors of the Company has approved the grant of an aggregate of 500,000 deferred share units and stock [...]
Net debt position stood at $ million as of September 30, 2024. Operating income was $33.3 million, representing an increase of 26.6% compared to $26.3 million for the same period in 2023, attributable to an improving gold price environment and cost optimization. Operating cash flow remained positive at $25.5 million, a decrease of 26% compared to $34.4 million in 2023. KINIERO - ON TRACK FOR Q4 2025 Project Update [...]
Highlights: First gold pour is on track for Q4 2025, key long lead items procured Project Development team appointed, led by Chief Development Officer Dimitrios Felekis Engineering for doubling plant capacity to 6Mtpa was awarded to Primero Engineering and is currently 24% complete Additional Ball Mill awarded and scheduled for shipment in May 2025, SAG Mill on track for Q1 2025 Power station awarded with delivery from [...]
+143,10 %
-97,62 %
