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Robex Resources (OTC: RSRBF) has announced the acceleration of its 2024 Warrants' expiry date to October 18, 2025, from the original June 27, 2026 date. This acceleration was triggered after the company's shares exceeded C$3.50 for ten consecutive trading days between September 2-15, 2025.
Currently, 57,759,921 warrants remain outstanding, with each warrant exercisable at C$2.55 per share. If all warrants are exercised, Robex expects to receive approximately C$147.3 million in gross proceeds. The funds will support exploration activities at the Kiniero Gold Project, mine development, and corporate initiatives, with first gold pour expected in December 2025 and commercial production in Q1 2026.
Robex Resources (OTC:RSRBF) has announced significant amendments to its US$130 million senior secured facility agreement with Sprott Resource Lending. Under the revised terms, Robex can now access US$90 million of the remaining US$105 million facility without requiring the Mansounia Exploitation Permits or Mining Convention.
Key changes include an immediate US$30 million draw down and US$60 million held in a Debt Proceeds Account. The final US$15 million remains contingent on receiving the Mansounia permits, available until December 31, 2026. The company will establish a Liquidity Coverage Account of up to US$65 million, funded through warrant proceeds and excess cashflow. The facility term may be reduced to March 31, 2029, if permits aren't granted before then.
Robex Resources (TSXV:RBX | OTC:RSRBF) reports steady progress on its Kiniero Gold Project in Guinea, maintaining its schedule for first gold production in Q4 2025. The project has achieved significant construction milestones with 3,917,695 LTI-free hours worked since January 2023.
Key developments include: 83% completion of field erected tankage, both CIL tank trains completed, 22% completion of SMP works, and 70% delivery of Tranche 1 mining equipment. The project features extensive drilling activities at Sabali pit, with 35,518 metres drilled in July and 32,184 samples pending analysis.
Construction progress encompasses process plant concrete works nearing completion, power station development, and tailings storage facility construction, all tracking within budget and timeline parameters.
Robex Resources (OTC:RSRBF) reported its June 2025 quarterly activities, highlighting significant progress across two key assets. The company successfully completed an A$120 million IPO on the ASX and continues construction of its Kiniéro Gold Project in Guinea, which remains on schedule for first gold in Q4 2025 with CAD$99.2 million spent year-to-date.
At the operational Nampala Gold Mine in Mali, the company produced 11,736 ounces and sold 13,104 ounces of gold during Q2 2025. Year-to-date production reached 24,628 ounces at an AISC of CAD$2,228 per ounce. The operation maintains its full-year FY25 production guidance of 46,000-48,000 ounces.
The Kiniéro Project development remains within its CAD$210-225 million budget, with significant construction milestones achieved including SAG mill installation commencement and CIL tank completion.
[ "Successful A$120 million IPO completed on ASX", "Kiniéro Gold Project construction remains on schedule and budget for Q4 2025 first gold", "Strong safety performance with no LTIs at both operations", "Nampala Gold Mine on track to meet FY25 production guidance of 46,000-48,000 ounces", "61,700 metres of drilling completed at Kiniéro supporting resource development" ]