QUEBEC CITY, March 18, 2020 (GLOBE NEWSWIRE) -- 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 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.