Financial Results Q1-2025

Robex Resources Inc. delivered its first quarter 2025 financial results, showcasing operational progress despite reporting a net loss. The company successfully mined 12,892 ounces of gold during the quarter, generating operations income of $16.3 million, though this was offset by a net loss of $29.2 million as the company continues to advance its development activities.

A significant milestone for Robex was the completion of its dual listing strategy, with the company successfully listing on the Australian Securities Exchange (ASX) under ticker RXR on June 5, 2025. This achievement was supported by a substantial capital raise of A$120 million, providing the company with enhanced financial flexibility and access to Australian capital markets.

The Kiniero gold project remains central to Robex's growth strategy, with management confirming the project remains on track for Q4 2025 gold production. This timeline represents a critical inflection point for the company as it transitions from development to production phase. Managing Director Matthew Wilcox expressed confidence in the company's progress, noting the strong start to 2025.

The successful capital raise and ASX listing position Robex favorably as it advances toward production at Kiniero. The dual listing strategy provides access to both Canadian and Australian investor bases, potentially improving liquidity and market visibility as the company approaches its production milestone in the fourth quarter of 2025.