placement $30mil at $1.65

ROBUST RAISES $30 MILLION VIA
PLACEMENT TO ACCELERATE
EXPLORATION ON ROMANG ISLAND

Robust Resources Limited (?Robust? or ?the Company?) today announced that it has successfully
completed the placement of 18,181,820 New Ordinary Shares at A$1.65 per share to new and existing
institutional shareholders to raise A$30 million. The capital raising was well supported and heavily
oversubscribed, with the Company attracting some of the world?s largest and most experienced resource
sector institutional investors to its register.
Investec Bank (Australia) Limited was lead manager for the Placement in Australia, the UK and Europe,
Helmsec Global Capital in Asia, and Casimir Capital of New York responsible for the North American
component. The capital raising is the largest to date for Robust, and continues the Company?s track record
of consistently raising capital at prices well above previous raisings.
The funds will be used to complete the acquisition of the remaining 25% of the Romang Island project;
accelerate the current exploration programme, which will include doubling the number of owner-operated
rigs from four to eight; and contribute to working capital. The funds also provide Robust with the flexibility
to pursue additional growth opportunities.
Robust?s Managing Director Mr. Gary Lewis said: ?We are very encouraged by the level of investor support
for this capital raising, and by the high calibre of investors that we have managed to attract to our register.
It is a clear endorsement of the potential that investors see in the Romang Island project and in our
management and technical teams.
?The new capital raised gives us the necessary funding to move to 100% ownership of the Romang Island
project, and to fast track our exploration activities including the definition of a maiden JORC resource and
the commencement of drilling in the highly prospective Solath Project in the north of Romang.
The placement is being made in two tranches with approximately 9.0 million ordinary shares being issued
in tranche 1 pursuant to the Company?s 15% capacity under ASX Listing Rule 7.1, and the balance of
approximately 9.2 million ordinary shares being issued in tranche 2, subject to shareholder approval. A
notice of meeting will be distributed to shareholders in the coming days with the meeting expected to be
held early December 2010. Following the placement and shareholder approval being obtained for the
issue of the tranche 2 shares, Robust will have a total of 84,144,097 ordinary shares on issue.
*** ENDS ***