Robex Resources announces cancellation of the brokered private placement contracted with Northern Securities

QUEBEC, Aug. 14 /CNW Telbec/ - Robex Resources Inc. (RBX: TSX Venture Exchange) has terminated its engagement with Northern Securities in regard to the brokered private placement of up to 2 million dollars announced on June 10th 2009. This placement consisted of the sale of 21,052,631 units at a price of 0.095$. Robex is currently working on an other type of financing, by way of debenture instead of equity, details of this transaction is still being negotiated.

Net proceeds of the next financing will be used primarily for continuing exploration work on the Wili-Wili and Wili-Wili West permits and for the completion of the on-going prefeasibility study initiated on the Nampala gold orebody, which contains an inferred resource of 760,000 oz of gold according to the Canadian Instrument 43-101 standard (see press release of July 13, 2007).

    
    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.

                         For the Board of Directors:
            Rolland Veilleux, President of the Board of Directors

                              www.robexgold.com
    

Contacts

and Investor relations: André Gagné
Vice-President
(418) 527-3588
a.gagne@robexgold.com