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.
For further insights into TSE:RBX stock, check out TipRanks’ Stock Analysis page.
