|By Marketwired .||
|June 26, 2014 05:10 PM EDT||
QUEBEC CITY, QUEBEC -- (Marketwired) -- 06/26/14 -- Robex Resources Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) ("the Company" or "Robex") is introducing MM. Simon Boudreau, ing and Nicolas Ros respectively Mine Director and Head of Legal Affairs and Human Resources of Robex.
Mr. Boudreau is the Mine Director of Nampala since January 2014. Prior to taking office, he worked as an independent consultant (2012-2013), held positions of Project Director at Dumas Contracting Ltd. (2010 2012) and Chief Engineer at High River Gold (2006-2010). Mr. Boudreau is a graduate of Laval University in Engineering Mining and mineral processing (2003). He is a member of the Order of Engineers of Quebec.
Mr. Ros is the head of Legal Affairs and HR for both the Nampala mine and Robex in Mali. Prior to Robex, he was acting as General Counsel of several companies in Europe like Panhard General Defense, Alten where he was also in charge of HR, Transiciel-Sogeti for 10 years where he was in charge of individual relations. He was also deputy legal director at Sligos-Atos for 12 years. Mr. Ros undertook doctoral studies in business law and economics from Paris 1 (Pantheon Sorbonne Graduate Education; Paris).
The Board of Directors of the Company granted two sets of 300 000 options. One set to Simon Boudreau and the other to Nicolas Ros.
Each option entitles the holder to purchase one common share of the Company at the strike price of Friday, June 20, 2014, which was $ 0.20 CA.
The stock options are valid for a period of three (3) years up to a third per year. In the event that this third is not exercised, it would then become prescribed.
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