|By Marketwired .||
|June 11, 2014 11:57 AM EDT||
QUEBEC CITY, QUEBEC -- (Marketwired) -- 06/11/14 -- Robex Resources Inc. (TSX VENTURE: RBX)(FRANKFURT: RB4) (" the Company" or "Robex") held on June 10th, 2014 its General shareholders' meeting in Quebec.
During this assembly the following administrators were reelected for a one-year term:
-- Georges Cohen -- Richard Faucher -- Julien Cohen -- Michel Doyon -- Claude Goulet -- Christian Marti -- Benjamin Cohen
The administrators of the Company elected MM. Georges Cohen and Richard Faucher respectively President and Vice-president of the Board.
The Board of directors of Robex approved the nomination of Mr. Augustin Rousselet as CFO. The Board also nominated Mr. Rousselet to cumulate the functions of CFO and COO. On the occasion of this appointment Mr. Rousselet was granted options of Robex Resources Inc.
Furthermore, the shareholders of Resources Robex Inc. voted in favor of the appointment of the firm PricewaterhouseCooper LLP / S.R.L / S.E.N.C.R.L ., as responsible for the audit of the financial statements of the Company for the exercise ending on December 31st, 2014.
Granting of Options
The Company granted to Mr. Augustin Rousselet 500 000 stock options with an exercise price of $0.16. Each option entitles the purchase of one common share of the company. This granting is valid for a period of three (3) years at the rate of one third (1/3) per year. If the option is not exercised within the year it is then cancelled.
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, 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.
Robex Resources Inc.
Chief Financial Officer