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Robex Resources Files Prospectus for $30M Public Offering

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Robex Resources Files Prospectus for $30M Public Offering

Robex Resources ( (TSE:RBX) ) has issued an update.

Robex Resources Inc. has filed a prospectus supplement for its public offering of 14,634,200 common shares, aiming to raise gross proceeds of approximately $30 million. The funds are mainly intended to advance construction and procurement for the Kiniero Gold Project in Guinea, with additional allocations for administrative and working capital needs. The offering, led by SCP Resource Finance LP, is expected to close by January 29, 2025, pending necessary regulatory approvals.

More about Robex Resources

Robex Resources Inc. is a company operating in the mining industry, focusing on the development and production of gold resources. They are primarily involved in gold mining projects, with a significant market focus on advancing the Kiniero Gold Project in Guinea.

YTD Price Performance: 2.13%

Average Trading Volume: 18,289

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$304.6M

For detailed information about RBX stock, go to TipRanks’ Stock Analysis page.

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