Robex Resources Inc V.RBX

Interim financial statements/report – French

[bveilleu]

https://ceo.ca/content/sedar/RBX-2023-08-29-interim-financial-statementsreport-french-fc30.pdf

[Tree2tree]

"En vertu de ce prt-relais, la Socit s'est engage respecter certaines conditions ainsi que des ratios financiers. Au 30 juin 2023, un ratio financier n'tait pas respect." Quelle condition n'tait pas respecte?  Dites-nous si vous trouvez la rponse.

[Tree2tree]

Sorry about the missing letters, it seems that SH will not even print a French accent.

[ABDPhil]

Indeed, this ratio is not identified, nor the value to be respected. These parameters are specific to the agreement between Robex and Taurus, and are elements that must remain confidential. Anyway, that did not stop Taurus from paying out 2 new amounts after June 30th, being US$10,911,471 on July 7th and US$4,817,969 on August 7th.

[Tree2tree]

I strongly disagree that the particulars of a violation of loan conditions "must remain confidential", especially when the loan is critical to the existence of the company.  Unless the information is hidden somewhere in the reports, there would be grounds for a complaint to the relevant Securities Commission to demand disclosure of a material issue threatening the company's

[ABDPhil]

You have a lot of imagination to invent stories.   Confidentiality does not concern the detail of the ratio that was not respected, but the detail of the conditions present in this type of agreement. Taurus is like other financial partners, and wishes to maintain its competitive advantages and does not publish the details of its agreements. And as mentioned, Robex obtained all the

[Tree2tree]

The antidote to imagination is information.  It appears the company does not wish to be transparent about the failure to meet the loan conditions, which is not at all surprising considering the company's record.  A reputable company would have issued a full news release on the day that they failed to meet the loan condition, whenever that was.  This information is essential to