Northwire Canada EditionTuesday, August 18, 2026
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Financings

Robex Resources accelerates warrant expiry date

By The Northwire Desk — AI Analysis Sep 18, 2025 · 09:42 RBX · 3.7 Robex Resources Inc
RBX · Price

Executive Summary

  • Robex Resources accelerated the expiry date of its 2024 common share purchase warrants to October 18, 2025 after the share price met a $3.50 trigger for ten consecutive trading days.
  • Approximately 57.76 million warrants remain outstanding; full exercise could generate roughly $147.3 million in gross proceeds.
  • Proceeds are earmarked for continued exploration and development of the Kiniero gold project in Guinea, with first gold pour slated for December 2025 and commercial production targeted for Q1 2026.

Key Details

  • Original expiry date: June 27, 2026; accelerated to 5:30 p.m. Toronto time on Oct. 18, 2025.
  • Acceleration trigger: VWAP and closing price ≥ $3.50 for ten consecutive TSX‑Venture trading days (Sept 2–15, 2025).
  • Exercise price of each warrant: $2.55 per common share.
  • Outstanding 2024 warrants: 57,759,921.
  • Potential gross proceeds if all exercised before accelerated expiry: ≈ $147.3 million.
  • Use of proceeds: fund exploration at Kiniero, support mine development, and provide flexibility for broader corporate initiatives in 2026.
  • Project timeline: first gold pour expected December 2025, commercial production anticipated Q1 2026.

Notable Quotes

“This marks a major milestone for Robex. The acceleration of the warrants is a strong endorsement of our strategy and momentum, and it provides a timely opportunity to further strengthen our balance sheet.” – Matthew Wilcox, Managing Director

Safe harbor statements included in original release.

Read the original news release →

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