Robex reported FY 2025 revenue from gold sales of CAD 222.4 million (+40.4%) on gold production of 45,429 ounces (-2.8%) and gold ounces sold of 45,773 (-5.7%). Mining operating profit was CAD 108.3 million (+47.5%), while operating income was CAD 40.0 million (-9.8%). The company posted a FY 2025 net loss of CAD 138.5 million (11.0x), including a net loss attributable to common shareholders of CAD 140.9 million (12.2x), with basic and diluted loss per share of CAD 0.662 (both 6.9x). Cash flows from operating activities were CAD 22.9 million (-51.1%). As of Dec. 31, 2025, total assets were CAD 872.9 million (+118.3%) and total liabilities were CAD 384.6 million (+160.9%); net debt (net cash position) was CAD -63.7 million (11.0x). In its commentary, Robex said FY 2025 results were shaped primarily by non-cash fair value adjustments, citing fair value losses on the embedded derivative linked to the Sprott project financing facility and on outstanding share purchase warrants, as well as largely non-cash legal claim expenses. Operationally, the company highlighted resilient performance at the Nampala mine, while noting the new Malian mining convention in early 2025 increased royalty charges and revenue-based taxes. At the Kiniero Gold Project in Guinea, Robex said construction progressed to a first gold pour in late 2025, with commercial production achieved shortly after the balance-sheet date, alongside completion/commissioning milestones including processing circuits, the power station and Phase 1 of the tailings storage facility. Robex also cited 2025 financing activity including proceeds from warrant exercises, its June 2025 ASX IPO, and the full drawdown of the US$130 million Sprott project financing facility, and provided an update on its proposed merger of equals with Predictive Discovery Limited, which received shareholder approval in December 2025 and court approval in January 2026, pending remaining consents.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Robex Resources Inc. published the original content used to generate this news brief on February 27, 2026, and is solely responsible for the information contained therein.