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Robex Resources Inc.

09:42 AM EST - Robex Resources Inc. : Announced its financial and operating results for the quarter ended March 31, 2017. The first quarter production totaled 7,771 ounces of gold compared to 458 ounces in the same quarter last year. As of January 1, 2017, the Nampala mine entered commercial production and during the first quarter of 2017, the mine processed 360,000 tonnes of ore; an average of more than 4,000 tonnes per day. Basic earnings attributable to shareholders for this first quarter of commercial operations was $3.82 million, or $0.007 per share, compared to a net loss of $8.34 million, or -$0.014 per share for the same period of 2016. Robex Resources Inc. shares V.RBX are trading unchanged at $0.09.