Completion of Initial Public Offering

West African gold producer Robex Resources Inc has successfully completed an initial public offering on the Australian Securities Exchange, raising A$120 million in gross proceeds. The company's CHESS Depositary Interests will begin trading under the symbol RXR on June 5, 2025, marking a significant milestone in the company's capital markets strategy.

The IPO proceeds are earmarked for advancing the Kiniero Gold Project and supporting broader corporate development initiatives. This dual-listing approach provides Robex with access to Australian capital markets while maintaining its primary listing on the TSX Venture Exchange, potentially expanding its investor base and providing additional liquidity for shareholders.

The successful completion of this substantial financing round demonstrates strong investor confidence in Robex's West African gold operations and development pipeline. The timing of the IPO, coinciding with a constructive gold price environment, positions the company well to execute on its growth strategy and advance key projects in the region.

For the broader junior mining sector, Robex's successful A$120 million raise represents a positive indicator of capital market receptivity to well-positioned gold developers with operating experience in West Africa. The dual-listing strategy may serve as a template for other Canadian-listed miners seeking to diversify their funding sources and expand their investor reach across multiple exchanges.