Robex Resources Inc.: Expansion of Production Team
QUEBEC CITY, QUEBEC -- (Marketwire) -- 05/08/12 -- Robex Resources Inc. (TSX VENTURE: RBX)(FRANKFURT: RB4) is pleased to announce the staff expansion of its on-site team in Mali to complete construction of the open pit mine for its Nampala Project. Newly appointed to advance work on the project are metallurgy director, Mr. Andre Drouin, executive administrative assistant, Ms. Jacinthe Turcotte, and logistic and procurement director, Mr. Claude Pelletier.
Andre Drouin, Metallurgy Director
Upon completing a three-year degree in mineral technology, Mr. Drouin earned a Bachelor of Engineering Physics in 1989 and a Masters in Mechanical Engineering in 1992. He also completed a two-year Earth Science specialization at Quebec's National Institute for Scientific Research.
Throughout his 22-year career in the mining industry, Mr. Drouin was assigned to the countries of West Africa for companies SEMAFO, AREVA, and AVION GOLD corp. His knowledge of gold processing on saprolitic deposits will be a key asset for startup of the Nampala plant. He will oversee Laboratory setup and participate in programming plant instrumentation. Mr. Drouin began his new role on May 1, 2012.
Jacinthe Turcotte, Executive Administrative Assistant
Jacinthe Turcotte possesses 15 years' experience in administrative management. Trained in IT project management, she previously worked for companies specializing in software creation and implementation. Her experience covers several project management implementation programs for various engineering firms and construction businesses.
In the past six years, her work centred on mining projects for various mines in Canada (Breakwater - Aurizon), the United States (Scorpio Gold), Mexico (G4 Drilling - Scorpio), and Burkina Faso (SEMAFO). Her mandates comprised implementation of specific management systems (management performance bonus - supply management/project - equipment management (preventive maintenance), as well as several improvement, development and training mandates for various business processes.
Her experience on remote sites, more specifically in West Africa, is an asset that meets with the logistics and training challenges of the resource. Ms. Turcotte began her new role last April 7 and oversees implementation of business processes, monitoring of administrative operations, expatriation logistics, and training of administrative resources for the Robex office in Bamako.
Claude Pelletier, Logistic and Procurement Director
With more than 24 years' management and project management experience, Mr. Pelletier has been Robex's logistics and supplies contractor in Bamako since June 1, 2011. Following completion of his BAA at Laval University in 1988, Mr. Pelletier founded his communications firm in 1987. From 2008 to 2011, he was employed by a Canadian engineering firm as warehouse and stores manager for its Environment division, where he played a key role in the bidding process. Among his duties, he planned, organized and provided logistics for environmental rehabilitation projects and participated actively in the process of tendering.
Granting of stock options
The board of directors of Robex Resources has agreed to grant 300,000 stock options to a new employee. The options have been granted under the Robex Stock Option Incentive Plan, which allows the holder to acquire an equivalent number of shares at an exercise price of $0.175 per share. The options carry a maturity date of five years.
This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Robex Inc.'s ("Robex") control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated reserves, environmental risks (stricter regulations), unforeseen geological situations, unfavorable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Robex. The forward-looking information is based on the estimates and opinions of Robex's management at the time of the publication of the information and Robex does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws.
Neither TSX Venture Exchange nor the regulatory service provider (as the term is defined in TSX Venture Exchange's policies) accepts any liability of any kind as to the authenticity or accuracy of this release.
Contacts:
Investor relations/information:
Andre Gagne
President and Chief Executive Officer
418-527-5023
a.gagne@robexgold.com
Skype: andregagne11
Media relations:
Sarah Moreau
Consultant H+K Stratégies
514 395-0375, extension 234
