Robex Resources Inc. (“
Robex” or the
“
Company”) (TSXV:RBX) is pleased to announce the
results of the vote at its annual general and special meeting of
shareholders held on June 29, 2023 via live video webcast (the
“
Meeting”). The detailed results of the votes held
at the Meeting are set out below.
1. Election of Directors
According to votes received, each of the
following nine (9) nominees proposed by management was duly elected
as a director of the Company until the next annual meeting of
shareholders, or until such person’s successor is elected or
appointed, with the following results:
Management Nominees |
# of Votes
For |
% of Votes
Cast For |
# of Votes Withheld |
% of Votes
Withheld |
Richard R. Faucher |
439,708,046 |
99.41% |
2,623,300 |
0.59% |
Julien Cohen |
434,346,108 |
98.19% |
7,985,238 |
1.81% |
Benjamin Cohen |
439,691,546 |
99.40% |
2,639,800 |
0.60% |
Georges Cohen |
439,691,546 |
99.40% |
2,639,800 |
0.60% |
Claude Goulet |
439,708,046 |
99.41% |
2,623,300 |
0.59% |
Michel Doyon |
434,460,546 |
98.22% |
7,870,800 |
1.78% |
Christian Marti |
434,757,546 |
98.29% |
7,573,800 |
1.71% |
Gerard De Hert |
442,283,046 |
99.99% |
48,300 |
0.01% |
Thomas Lagree |
442,283,046 |
99.99% |
48,300 |
0.01% |
2. Appointment of Auditors
According to votes received,
PricewaterhouseCoopers LLP were duly appointed as auditors of the
Corporation at a remuneration to be fixed by the board of directors
of the Corporation, with the following results:
|
# of Votes For |
% of Votes Cast For |
# of Votes Withheld |
% of Votes Cast Withheld |
Total Votes |
442,734,339 |
99.96% |
181,737 |
0.04% |
3. Share Consolidation
According to votes received, the special
resolution (the full text of which is reproduced in the Company’s
management proxy circular dated May 19, 2023) authorizing a
consolidation of the Company’s issued and outstanding common shares
on a ten (10) existing common shares to one (1) new common share
(10:1) basis, subject to the acceptance of the TSX Venture
Exchange, was adopted by the shareholders of the Corporation, with
the following results:
|
# of Votes For |
% of Votes Cast For |
# of VotesAgainst |
% of Votes Cast Against |
Total Votes |
441,642,276 |
99.71% |
1,273,800 |
0.29% |
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this press release.
About Robex Resources Inc.
Robex is a multi-jurisdictional West African
gold production and development company with near-term exploration
potential. The Company is dedicated to safe, diverse and
responsible operations in the countries in which it operates with a
goal to foster sustainable growth. The Company has been operating
the Nampala mine in Mali since 2017 and is advancing the Kiniero
Gold Project in Guinea.
Robex is supported by two strategic shareholders
and has the ambition to become one of the most important mid-tier
gold producers in West Africa.
More Information
ROBEX RESOURCES
INC. |
FINANCIAL COMMUNICATIONS RENMARK INC. |
Aurélien Bonneviot, Chief Executive OfficerStanislas Prunier,
Investor Relations and Corporate Development+1 581 741-7421E-mail:
investor@robexgold.comwww.robexgold.com |
Robert ThaemlitzAccount Manager+1 416 644-2020 or +1 212
812-7680E-mail: rthaemlitz@renmarkfinancial.com
www.renmarkfinancial.com |
Forward-looking information and forward-looking
statements
This press release contains “forward-looking
information” or “forward-looking statements” within the meaning of
applicable Canadian securities legislation (“forward-looking
statements”). Forward-looking statements are included to provide
information about management’s current expectations and plans that
allows investors and others to have a better understanding of the
Company’s business plans and financial performance and
condition.
Statements made in this press release that
describe the Company’s or management’s estimates, expectations,
forecasts, objectives, predictions, projections of the future or
strategies may be “forward-looking statements”, and can be
identified by the use of the conditional or forward-looking
terminology such as “aim”, “anticipate”, “assume”, “believe”,
“can”, “contemplate”, “continue”, “could”, “estimate”, “expect”,
“forecast”, “future”, “guidance”, “guide”, “indication”, “intend”,
“intention”, “likely”, “may”, “might”, “objective”, “opportunity”,
“outlook”, “plan”, “potential”, “should”, “strategy”, “target”,
“will” or “would” or the negative thereof or other variations
thereon. Forward-looking statements also include any other
statements that do not refer to historical facts. Such statements
may include, but are not limited to, statements regarding the
Company’s ability to successfully advance the Kiniero Gold Project
on the basis of the results of the FS; the Company’s ability to
achieve the results projected in the FS (including economic and
production results) and statements concerning the Company's project
finance facility with Taurus.
Forward-looking statements and forward-looking
information are made based upon certain assumptions and other
important factors that, if untrue, could cause the actual results,
performance or achievements of the Company to be materially
different from future results, performance or achievements
expressed or implied by such statements or information. There can
be no assurance that such statements or information will prove to
be accurate. Such statements and information are based on numerous
assumptions, including; the ability to execute the Company’s plans
relating to the Kiniero Gold Project as set out in the FS,
including the timing thereof: the Company’s ability to complete its
planned exploration and development programs; the absence of
adverse conditions at the Kiniero Gold Project; the absence of
unforeseen operational delays; the absence of material delays in
obtaining necessary permits; the price of gold remaining at levels
that render the Kiniero Gold Project profitable; the Company’s
ability to continue raising necessary capital to finance its
operations; the ability to realize on the mineral resource and
mineral reserve estimates; and assumptions regarding present and
future business strategies, local and global geopolitical and
economic conditions and the environment in which the Company
operates and will operate in the future.
Certain important factors could cause the
Company’s actual results, performance or achievements to differ
materially from those in the forward-looking statements and
forward-looking information including, but not limited to:
geopolitical risks and security challenges associated with its
operations in West Africa, including the Company’s inability to
assert its rights and the possibility of civil unrest and civil
disobedience; fluctuations in the price of gold; limitations as to
the Company’s estimates of mineral reserves and mineral resources;
the speculative nature of mineral exploration and development; the
replacement of the Company’s depleted mineral reserves; the
Company’s limited number of projects; the risk that the Kiniero
Gold Project will never reach the production stage (including due
to a lack of financing); the Company’s capital requirements and
access to funding; changes in legislation, regulations and
accounting standards to which the Company is subject, including
environmental, health and safety standards, and the impact of such
legislation, regulations and standards on the Company’s activities;
equity interests and royalty payments payable to third parties;
price volatility and availability of commodities; instability in
the global financial system; the effects of high inflation, such as
higher commodity prices; fluctuations in currency exchange rates;
the risk of any pending or future litigation against the Company;
limitations on transactions between the Company and its foreign
subsidiaries; the risk that the share consolidation of the
Company’s shares is not approved and, even if it is, that it fails
to increase the liquidity of the Company’s common shares;
volatility in the market price of the Company’s shares; tax risks,
including changes in taxation laws or assessments on the Company;
the Company obtaining and maintaining titles to property as well as
the permits and licenses required for the Company’s ongoing
operations; the effects of public health crises, such as the
ongoing COVID-19 pandemic, on the Company’s activities; the
Company’s relations with its employees and other stakeholders,
including local governments and communities in the countries in
which it operates; the risk of any violations of applicable
anticorruption laws, export control regulations, economic sanction
programs and related laws by the Company or its agents; the risk
that the Company encounters conflicts with small-scale miners;
competition with other mining companies; the Company’s dependence
on third-party contractors; the Company’s reliance on key
executives and highly skilled personnel; the Company’s access to
adequate infrastructure; the risks associated with the Company’s
potential liabilities regarding its tailings storage facilities;
supply chain disruptions; hazards and risks normally associated
with mineral exploration and gold mining development and production
operations; problems related to weather and climate; the risk of
information technology system failures and cybersecurity threats;
and the risk that the Company may not be able to insure against all
the potential risks associated with its operations.
Although the Company believes its expectations
are based upon reasonable assumptions and has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. These factors are not intended to represent a complete
and exhaustive list of the factors that could affect the Company;
however, they should be considered carefully. There can be no
assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such information.
The Company undertakes no obligation to update
forward-looking information if circumstances or management’s
estimates, assumptions or opinions should change, except as
required by applicable law. The reader is cautioned not to place
undue reliance on forward-looking information. The forward-looking
information contained herein is presented for the purpose of
assisting investors in understanding the Company’s expected
financial and operational performance and results as at and for the
periods ended on the dates presented in the Company’s plans and
objectives, and may not be appropriate for other purposes.
Please refer to the “Risk Factors” section of
the Company’s annual information form for the year ended December
31, 2022, dated April 28, 2023, and to the “Risks and
Uncertainties” section of each of the Company’s management’s
discussion and analysis dated April 28, 2023 for the years ended
December 31, 2022 and December 31, 2021, and the Company’s
management’s discussion and analysis dated May 30, 2023 for the
three-month periods ended March 31, 2023 and March 31, 2022, all of
which are available electronically on SEDAR at www.sedar.com. All
forward-looking statements contained in this press release are
expressly qualified by this cautionary statement.
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