Robex Resources engages Northern Securities in connection with a $2 million private placement


    QUEBEC, June 10 /CNW Telbec/ - Robex Resources Inc. (RBX: TSX Venture
Exchange) is pleased to announce that it has engaged Northern Securities Inc.
for a best efforts private placement of up to $2 million in units at a price
of $0.095 per unit, for gross proceeds to Robex of $2 million.
    Each unit will consist of one common share and one-half of one common
share purchase warrant. Each whole warrant will entitle the holder to purchase
one additional common share of Robex at an exercise price of $0.125 for a
period of four years from the closing date.
    Robex has granted an over-allotment option to Northern, exercisable, in
whole or in part, for a period of 24 hours prior to the closing of the private
placement, to increase the size of the private placement by up to 50% of the
number of units issuable on or before closing on the same terms as the private
    Robex use the net proceeds from the placement of the units for
exploration and development work on its gold projects in Mali and for working
    As consideration for acting as agent, Robex has agreed to pay Northern a
cash commission of ten percent of the total proceeds from the private
placement, payable upon closing. In addition, Northern will receive
compensation options equal in number to eight percent of the aggregate number
of units sold, which will entitle Northern to purchase, at an exercise price
equal to $0.095, one common share and one common share purchase warrant. The
warrants comprised in the compensation options may be exercised at any time
and from time to time for a period of twenty-four months following the closing
of the proposed private placement at an exercise price of $0.125.
    Northern may appoint a selling group consisting of other registered
dealers acceptable to Robex, for the purpose of arranging for purchasers of
the units.
    The placement will be effected pursuant to prospectus exemptions under
applicable securities legislation and is expected to close on or before July
15, 2009. The placement is subject to receipt of all necessary corporate and
regulatory approvals, including that of the TSX Venture Exchange, and to the
signing of an Agency Agreement. The securities issued in the placement will be
subject to a four-month "hold period" under applicable securities legislation
and the policies of the TSX Venture Exchange.
    There are currently 91,000,000 common shares of Robex issued and

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.

    This news release is intended for distribution in Canada only and is not
intended for distribution to United States newswire services or dissemination
in the United States. The securities offered have not been registered under
the U.S. Securities Act of 1933, as amended, and may not be offered or sold in
the United States absent registration or an applicable exemption from the
registration requirements. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy nor shall there be any sale of the
securities in any State in which such offer, solicitation or sale would be

                     On behalf of the Board of Directors,
                   Rolland Veilleux, Chairman of the Board
    %SEDAR: 00003615EF

For further information:

For further information: André Gagné, Vice-president, (418) 527-3588,; You can also visit our Web Site:

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