ROBEX DECLARES THE FIRST DIVIDEND IN ITS HISTORY
19 March 2020 - 8:00AM
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.
For information:
Robex Resources Inc.
Benjamin Cohen, CEOAugustin Rousselet,
CFO/COOHead office: (581)
741-7421info@robexgold.com
This news release contains statements that may
be considered “forecast information” or “forecast statements” in
terms of security rights. These forecasts are subject to
uncertainties and risks, some of which are beyond the control of
Robex. Achievements and final results may differ significantly from
forecasts made implicitly or explicitly. These differences can be
attributed to many factors, including market volatility, the impact
of the exchange rate and interest rate fluctuations, mispricing,
the environment (hardening of regulations), unforeseen geological
situations, unfavourable operating conditions, political risks
inherent in mining in developing countries, changes in government
policies or regulations (laws and policies), an inability to obtain
necessary permits and approvals from government agencies, or any
other risk associated with mining and development. There can be no
assurance that the circumstances set out in these forecasts will
occur, or even benefit Robex, if any. The forecasts are based on
the estimates and opinions of the Robex management team at the time
of publication. Robex makes no commitment to make any updates or
changes to these publicly available forecasts based on new
information or events, or for any other reason, except as required
by applicable security laws. The TSX Venture Exchange or the
Regulation Services Provider (as defined in the policies of the TSX
Venture Exchange) assumes no responsibility for the authenticity or
accuracy of this news release.
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