Robex Resources Upsizes Public Offering

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

Robex Resources Inc. has increased its public offering to 50,691,200 units at $2.17 each, aiming to raise approximately $110 million, with the potential for an over-allotment option of 15%. The proceeds will fund the Kiniero Project, which includes development work, loan payments, and exploration expenditures, with the offering expected to close on June 26, 2024, pending regulatory approvals.

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