Robex Resources Generated Net Cash Flow From Operating Activities of $6.9 Million in the Second Quarter of 2017 for Revenues of $15.2 Million

ID: 1519245
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(businesspress24) - QUEBEC CITY, QUEBEC -- (Marketwired) -- 08/30/17 -- Robex Resources Inc. ("Robex" and/or "the Company") (TSX VENTURE: RBX)(FRANKFURT: RB4) is pleased to announce their financial and operating results for the quarter ended June 30, 2017. This second quarter has given encouraging results.

Unless otherwise indicated, all amounts are in Canadian dollars.

Highlights for the second quarter of 2017

Mining operation: Nampala, Mali

Exploration

Nampala Mining site

The drilling program has been fully planned and includes 4,750 meters of core drilling and 11,775 meters of reverse circulation ("RC") drilling. The drillings will begin once the rainy season is over, around October 1st, 2017 and will take place in the last quarter of 2017.

ROBEX''s Management''s Discussion and Analysis and Consolidated Financial Statements are available on the Company''s website in the Investor section at: . These reports and other documents produced by the Company are also available at: .

This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Robex''s control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated reserves, environmental risks (stricter regulations), unforeseen geological situations, unfavourable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Robex. The forward-looking information is based on the estimates and opinions of Robex''s management at the time of the publication of the information and Robex does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws. 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.

Contacts:


Renmark Financial Communications Inc.
Bettina Filippone
Montreal: (514) 939-3989
Toronto: (416) 644-2020



Robex Resources Inc.
Guillaume Emond, CPA, CMA, VP Admin
Head office : (581) 741-7421



More information:
https://www.realwire.com/releases/Industry-40-How-to-manage-the-change-and-prepare-leaders http://www.ecb-s.com http://www.robexgold.com/en/index.php



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Date: 08/30/2017 - 07:18
Language: English
News-ID 1519245
Character count: 1814
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Firma: Robex Resources Inc.
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Stadt: QUEBEC CITY, QUEBEC
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