Quebec City, Quebec, March 18, 2020 – Robex Resources Inc. (“Robex” or the “Company”) (TSXV: RBX) announces the first dividend payment in its history and declares an extraordinary dividend of $0.02 for each outstanding common share, payable on April 7, 2020.
“The decision to pay a dividend for the first time reinforces our commitment to create value for all our shareholders,” said Mr. Georges Cohen, President. He added that “this important step in Robex’s development is a direct consequence of the wise choices underpinning the growth strategy implemented for several years by our experienced and seasoned management team. It is also a demonstration of the long lasting support and commitment of our foreign and local collaborators.”
ADDITIONAL INFORMATION REGARDING THE EXTRAORDINARY DIVIDEND
The Company’s Board of Directors authorizes and declares an extraordinary dividend of $0.02 per common share. This dividend will be paid on April 7, 2020 to shareholders of record at the close of business on April 1, 2020.
Robex Resources Inc.
Benjamin Cohen, CEO
Augustin Rousselet, CFO/COO
Head office: 581-741-7421
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’s 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. Neither 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 release.