Robex Resources Inc. Announces Management and Board Changes
21 September 2023 - 9:28PM
Robex Resources Inc. (TSXV: RBX) (“
Robex” or the
“
Company”) announces management changes, effective
as of September 21st, 2023.
Since the beginning of their first investment in
Robex in 2013, the Cohen family members supported the Company by
developing and operating the Nampala mine in Mali. They have been
constantly engaged in operating within the industry standard thanks
to their key executive positions, and long-term financial
backing.
They have been committed to deliver external
growth strategy with the business combination with Sycamore Mining
Limited in 2022. The past two years have been transformational for
the Company with (i) the integration of Sycamore and teams, and
(ii) the first developments of the Kiniero Gold Project in
Guinea.
Supported by the Cohen family, the Company
reinforced the executive and board members over the last 12 months
with mining professionals to progress the strategy to become a
multi-asset multi-jurisdiction gold producer in West Africa.
On the back of latest management changes
announced, the Cohen family now feels that this transition has been
completed, and it is time for them to step down from their
executive roles. They will continue to pay a particular attention
to Robex, in which they remain shareholders and Directors.
-
Benjamin Cohen, current President of the Company, is stepping down
from his executive position but will continue to advise the
management team as Lead Director;
-
Georges Cohen, current Senior Vice-President Strategic Development
and Long-Term Growth, is stepping down from his executive position
but remains Director;
- Julien
Cohen, current Senior Vice-President Sales and Financial Affairs is
stepping down from his executive position but will continue to
advise the management teams as Director.
Other Board and committee changes
are:
-
Michel Doyon and Christian Marti are retiring as Board
members;
-
Aurélien Bonneviot is appointed as Board member, replacing Michel
Doyon;
-
Matthew Sharples is appointed as Board member as Eglinton nominee,
replacing Christian Marti;
Creation of an Environmental, Social and
Governance Committee (ESG) and of a Technical Committee and
appointments at the Audit and risk and remuneration committees:
-
ESG: Claude Goulet, Aurelien Bonneviot and Benjamin Cohen. The ESG
committee will be responsible to review and recommend changes to
Robex’ policies and operations to ensure that environmental issues,
social issues and corporate governance issues are taken into
account in the business decisions and operations of the
company;
-
Technical Committee: Gerard De Hert, Richard Faucher, Matthew
Sharples and Benjamin Cohen. This committee was created to review
the Kiniero project technical decisions and the Nampala growth
opportunities;
-
Audit and Risk: Claude Goulet, Julien Cohen, Thomas Lagrée;
-
Remuneration: Richard Faucher, Claude Goulet, Thomas Lagrée;
Other Management Team changes
include:
-
Daniel Marini, current Vice-President Operations, is appointed
Chief Operating Officer;
-
Augustin Rousselet, current Chief Operating Officer, is appointed
Chief Information Officer;
To date our management team consists of:
Aurélien Bonneviot (Chief Executive Officer), Alain William (Chief
Financial Officer), Daniel Marini (Chief Operating Officer),
Augustin Rousselet (Chief Information Officer), Gwendal Bonno (SVP
People and Communication), Nicolas Ros (SVP-Corporate Affairs
officer and General Secretary).
Option plan
Pursuant to its current stock option plan, Robex
announces that the Company has granted a total of 3,800,000 stock
options, at an exercise price of C$0.29 expiring 5 years to new
employees and newly appointed board members, the balance of the
options that may be issued under the Company's stock option plan.
Following the grant of stock options, the Company now has a total
of 14,065,163 stock options issued, representing approximately 1.7%
of the Company's outstanding common shares.
Aurélien Bonneviot, CEO: “These changes are a
setting stone for next phase of growth of Robex towards a multi
asset gold company. The executive team and Directors would like to
thank Michel and Christian for their outstanding support over
numerous years. Very few companies have experienced this
transformation from an exploration company to a gold producer and
this would not have been possible without a united board
support.”
Richard Faucher, Chairman of the board: “I would
like to welcome Matthew Sharples representing the second largest
shareholder and Aurelien Bonneviot, the current CEO of the company
to the board. As a founder of Sycamore Mining, Matthew brings a
wealth of mining experience, and we look forward working with him.
I wish to thank Christian and Michel for their support throughout
the years and the professionalism they demonstrated during the
difficult times we had to go through together to support the
company to grow. I wish you the best for your next adventure.”
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 BonneviotChief Executive OfficerStanislas PrunierInvestor
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 |
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.
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