BULLETIN V2024-2082
ROBEX RESOURCES INC. ("RBX") ("RBX.WT")
BULLETIN TYPE: Prospectus-Unit Offering, New Listing-Warrants
BULLETIN DATE: July 8, 2024
TSX Venture Tier 2 Company
Prospectus-Unit Offering
Financing Type:
| Best Efforts Prospectus Offering (the "Offering"). The Exchange has been advised that the closing of the Offering occurred on June 27, 2024.
| Gross Proceeds:
| $126,499,889.60, which includes an amount of $16,499,985.60 as a result of the full exercise of the over-allotment option described below.
| Offering:
| 58,294,880 units (each, a "Unit") of Robex Resources Inc. (the "Company") (including the exercise of the over-allotment option described below), each Unit including one (1) common share and one (1) warrant
|
|
| Offering Price:
| $2.17 per Unit (the "Offering Price")
|
|
| Warrant Exercise Terms:
| $2.55 per warrant until June 27, 2026, subject to an acceleration right.
|
|
| Over-Allotment Option:
| The agents had the option to purchase a maximum of 7,603,680 Units for overallotment purposes. As of July 8, 2024, such option has been exercised and 7,603,680 units have been issued thereunder. All information presented herein includes such exercise.
|
|
| Non-Cash Commissions:
| Nil
|
|
| Public Disclosure:
| Refer to the prospectus supplement dated June 19, 2024 to the short form base shelf prospectus dated July 20, 2023 (that are available on SEDAR+) and Company's news releases dated June 17, 2024, June 18, 2024, June 20, 2024 and June 27, 2024.
|
New Listing-Warrants
Effective at the opening, Wednesday, July 10, 2024, the warrants of Robex Resources Inc. (the "Company") will commence trading on TSX Venture Exchange. The Company is classified as a "Gold and silver ore mining" Issuer (NAICS Number 21222).
Corporate Jurisdiction:
| Quebec
|
|
| Capitalization:
| 58,294,880 warrants are issued and outstanding.
|
|
| Warrants Exercise Price:
| Each warrant (a "Warrant") entitles the holder thereof to acquire one (1) common share at an exercise price of $2.55 per share, until 5:30 p.m. (Toronto time) on June 27, 2026, subject to accelerated expiry stated below.
|
|
|
| In the event the common shares trade at a volume weighted average price of $3.50 or higher over a period of 10 consecutive trading days (the "Acceleration Trigger"), the Company can accelerate the exercise of the Warrants by providing notice within 10 business days of the Acceleration Trigger, provided further that the accelerated expiry date of the warrants shall not be less than 30 days following the provision of such notice by the Company.
|
|
| Transfer Agent:
| Computershare Trust Company of Canada
|
|
| Trading Symbol:
| RBX.WT
|
|
| CUSIP Number:
| 76125Y139
|
The Warrants are governed by the terms of an indenture executed on June 27, 2024, between the Company and Computershare Trust Company of Canada, as warrant agent pursuant to the Offering.
For further details, please refer to the prospectus supplement dated June 19, 2024 to the short form base shelf prospectus dated July 20, 2023 (that are available on SEDAR+) and the Company's news releases dated June 17, 2024, June 18, 2024, June 20, 2024 and June 27, 2024. |
