BFS Bfs Entertainment Multimedia Ltd.

Robex Resources Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) (the "Company") is pleased
to announce that it has concluded a financing agreement of $ 14.8 million. This
funding will allow the construction of a gold-producing plant on the Nampala
site.


Equity financing 

The first component involves a European group, (the "Cohen Family"), which is
investing $8,000,000. In consideration, the Company issued 80,000,000 units of
the Company (the "Units") at a price of $ 0.10 per unit for gross proceeds of $
8,000,000. Each unit consists of one common share of the Company (a "Common
Share") and one warrant to purchase shares of the Company (a "Warrant"). Each
warrant entitles the holder thereof the right to acquire, at any time before
October 29, 2017, one additional common share of the Company at a price of $
0.25. The common shares and warrants included in the Units, along with the
common shares underlying the warrants, are subject to a hold period of four
months plus one day. Following the closing, the Cohen Family will hold a stake
representing 30.9% of the Company. On this basis, the TSX Venture Exchange
considers that the placement of Units from the Cohen Family results in the
emergence of a dominant shareholder, which is why a part of the investment, 68
million Units ($6,800,000), will be escrowed until the approval of the
shareholders of the Company. The Company has scheduled a special meeting of
shareholders to be held on December 18, 2012. This investment will be used for
the construction of the gold-producing plant on the Nampala site and for working
capital. This financing is subject to final approval of the TSX Venture
Exchange. 


Debt financing 

The second component involves an agreement of $6,815,934, between Robex and
Imagri Inc. ("Imagri"), the main contractor in charge of constructing the mine.
Under the terms of this agreement, an amount of $ 1,000,334 is payable upon
signing of the contract. This invoice is issued in order to proceed with the
installation of the construction site and the purchase of various equipment. To
minimize the burden on the Company, Imagri has agreed to convert its debt into
shares of the Company. Thus, this debt was converted immediately into 8,000,000
shares, subject to the approval of the TSX-V. These shares are also subject to a
hold period of four months plus one day. The balance of $ 5,815,600 will be
repayable over 36 equal monthly payments at 10% annual interest, starting 1
February 1, 2013. This contract is for the earth work, concrete, structural,
piping and mechanical installation. 


"It is with great enthusiasm that I decided to commit IMAGRI to undertake this
mining project. Our teams, the quality of their work and services, have the
ambition to liberate the potential of this beautiful site and make it an
achievement in its class, "said Mathias Thibieroz CEO of IMAGRI. 


Andre Gagne, President and CEO, said: " Since receiving the final operating
licence from the Malian government in April 2012, the Robex team has hired key
personnel and worked tirelessly on the technical planning of the mine. It has
also collaborated with a number of finance providers in order to secure
necessary funding to get the project up and running. However, the political
situation in Mali has rendered the latter task extremely difficult, with banks
reluctant to extend project financing in the current environment. As such, Robex
believes that the securing of this $14,800,000 financing package is an important
milestone in the Company's development, as it marks the first stage of the
implementation of the Bank Feasibility Study ("BFS"). The Company has decided to
start gold production with a plant having a capacity of around 1,500 tonnes per
day ("t/d") and increase this, sequentially, notably through organic cash flows,
until the threshold of 6,000 t/d as envisioned in the BFS (approx. 50,000 oz Au
per annum) is reached quickly. The expansions are planned as soon as the
construction of the first phase is completed. If this were required, we believe
that being in production would open up access to debt financing required for
expansions. In addition, the possible exercise of warrants issued in this
financing is specifically designed to address those expansions. This would allow
Robex to accelerate further its planned production up to a threshold of around
13,000 t/d. We are very pleased to have found a long term partner of the calibre
of the Cohen Family, and its support provides a major boost for the Company and
its shareholders, enabling Robex to move from being an explorer to a producer of
gold in Mali. We are also very proud to partner with Imagri, with its extensive
experience in mine construction. Construction of the mine will begin on November
1, 2012. The completion of construction and commencement of gold production is
expected in the third quarter of 2013" 


A representative of the Cohen Family said: "We conducted extensive due diligence
in Mali, including a visit at Nampala, and at Robex's head office in Quebec
City. These gave us all the satisfaction necessary in order to make the
investments required for the construction of the plant. It is with great
enthusiasm and great hope of success that we want to support Robex in its
current and future development." 


About Imagri: IMAGRI is one of the leading companies in West Africa in the metal
construction field, mechanical engineering and industrial services to the mines.
With means of unique production in the region, a civil engineering department
and a consulting dedicated firm, Imagri realizes complete projects from the
design to the installation on site in the mining and industrial sectors.


www.robexgold.com 

The TSX Venture Exchange or its Regulation Services Provider (as defined in the
policies of the TSX Venture Exchange) accepts no liability for the authenticity
or accuracy of this release. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations / information
Andre Gagne
President and CEO
418-527-5023
a.gagne@robexgold.com
Skype: andregagne11

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