Robex Resources (TSE:RBX) has released an update.
Robex Resources Inc. has launched a substantial public offering of over 50 million units, aiming to raise just shy of $110 million for the development of their Kiniero Project. The units, consisting of common shares and warrants, are being offered in multiple jurisdictions with a lead bookrunner orchestrating the effort. Upon successful closing, set for June 26, 2024, the funds will primarily advance the Kiniero Project, with a portion allocated to replenish working capital.
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