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Robix Signs LOI With Petrolmeca S.A. de C.V. to Jointly Market the COV in Mexico

Posted by AGORACOM-JC at 7:33 AM on Monday, May 4th, 2015

LETHBRIDGE, ALBERTA–(May 4, 2015) – Robix Alternative Fuels, Inc. (“Robix” or the “Company”) (CSE:RZX)(FRANKFURT:R0X) is pleased to announce that it’s Mexican subsidiary, Corris Technologies Mexico S.A. de C.V. (Corris), has entered into a non-binding Letter of Intent (LOI) with Petrolmeca S.A. de C.V. (Petrolmeca). Petrolmeca was created in 2004 and maintains a permanent staff of 33 specialists in multiple engineering disciplines. Since inception, they have developed several projects for PEMEX both onshore and offshore. To date Petrolmeca has executed projects valued at more than $118 million USD, mainly in the development of basic and detailed engineering plans for the expansion of infrastructure, modernization and rehabilitation of offshore platforms as well as land and marine terminals of Dos Bocas, Tabasco. For more information on Petrolmeca please see “About Petrolmeca” below.

The purpose of the LOI is to reflect the desire of the parties to agree upon the terms of a commercial transaction, whereby Robix’s Clean Ocean Vessel (COV) technology will be introduced to Mexico and utilized for oil spill recovery and remediation, with the initial area of focus being the state of Tabasco.

Tabasco is a significant oil producing region of Mexico and as such hosts a large system of petroleum bearing pipelines throughout the region. In April, the state of Tabasco launched an emergency plan to supply drinking water to its capital city of Villahermosa after rivers that normally supply the city became contaminated by oil leaking from punctured pipelines. Oil spill contamination of rivers resulting from punctured pipelines has become a recurring problem in this region. Robix believes that the 10 foot COV is an ideal unit to service such rivers, as it is small and nimble and can easily maneuver river systems to contain and recover spilled petroleum. To date, Robix has focused on deploying the COV to clean up oils spills that occur in oceans or petroleum products in tailings ponds. River systems represent a new market application for the COV technology.

For more information on Corris and the COV please visit the newly launched website www.corristechnologiesmexico.mx

About Petrolmeca

Petrolmeca is an engineering services company that offers professional services in project management and in the execution of comprehensive projects, including feasibility studies, operation of industrial plants, development of basic and detailed engineering reports, technical support, construction supervision and creation of electronic 3D and 2D models.

In March 2015, a cooperation agreement was signed with the Instituto Tecnológico Superior de Comalcalco (ITSC) (Higher Technological Institute of Comalcalco) to jointly develop the Basic and Detailed Engineering of relevant projects for Pemex-Refining. Petrolmeca’s central offices are located in Ciudad del Carmen, Campeche and are used by Pemex as a strategic point to provide services required for the daily operation of offshore installations in the Bay of Campeche. Petrolmeca also has offices in Paraiso, Tabasco, Poza Rica, Veracruz and Mexico City.

About Robix Alternative Fuels

The Corporation is an “industrial products/technology” company, which has developed the Clean Ocean Vessel (“COV”), an oil spill recovery vessel design with the capability to recover oil not only in rough and debris laden sea conditions but also in more contained environments such as lakes and rivers. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry. The business model is focused on Robix becoming a large-scale provider of services and/or equipment under licensing arrangements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com
www.robixfuels.com

The Howard Group
howardgroupinc.com
(403) (888) 221-0915
Jeff Walker
Vice-President
Jeff@howardgroupinc.com

Brad Dryer
Associate
brad@howardgroupinc.com

CLIENT FEATURE: Robix (RZX: CSE) Revolutionary Oil Spill Clean Up Technology

Posted by AGORACOM-JC at 4:20 PM on Thursday, April 30th, 2015

RZX: CSE

Highly Cost Effective, Clean Ocean Vessel

  • The COV’s rapid recovery rate and large on-board storage result in low per barrel recovery cost.
  • The COV’s simple design minimizes down time for repair and maintenance.
  • A two-man crew can be easily trained and the COV vessel can operate long hours without interruption
  • Goal to be selling COV products in the first half of 2015

Design Versatility

  • COV’S can be scaled to meet various application requirements (sizes range from 10 Ft., 20 Ft., 40 Ft., 80 Ft., 100 Ft. (references to length of vessel
  • A standard 40-foot COV is 40 feet in length, 26 feet in width, and 12 feet in depth
  • Recently completed the engineering drawings for the Clean Ocean Vessel (COV) and ordered critical components to initiate construction on the COV

Recent Highlights

  • Signed an exclusive manufacturing agreement with Rayco Steel Ltd, to manufacture the Clean Ocean Vessel
  • Based on market analysis Robix has decided to commence construction of a 10ft COV
  • Creating a new business division, through a subsidiary entity, to enter into the marine industry.
  • Announced that Rick Carson, of Montreal, PQ, has agreed to join Robix as a Strategic Advisor.

How the COV compares to the competition:

  • Rates of oil recovered and recovery-throughput efficiencies are noted as “oil rate of recovery” (ORR) and “recovery efficiency” (RE).
  • The water surface lifting force generated by the COV’s patented contra-rotating drums acts in a suction or pumping manner that increases the ORR compared to conventional skimmer systems and the RE of the COV is in the 90-97% range. This is competitive with best in class 21st century technology in terms of ORR and RE.
  • Further improvements to the ORR (in terms of gallons per minute) could easily catapult the COV to “top three” status, by increasing the surface area of the drums through design modifications without impairing the stability of the vessel which is inherent to the COV design.
  • When our competitors’ skimmer systems meet waves above 18 inches, they are forced to suspend service. The COV operates in rough sea conditions (as high as 8 feet waves), significantly out-performing its competitors, and stands in a class of its own.

Featured COV Technology

 

 

Hub On AGORACOM / Corporate Website

Robix Signs LOI With Mexico Consortium to Jointly Market the COV in Mexico

Posted by AGORACOM-JC at 7:52 AM on Friday, March 27th, 2015

LETHBRIDGE, ALBERTA–(March 27, 2015) – Robix Alternative Fuels, Inc. (“Robix” or the “Company”) (CSE:RZX)(FRANKFURT:R0X) is pleased to announce that it has formed a Mexican subsidiary, Corris Technologies Mexico S.A. de C.V. (Corris) and through Corris it has entered into a non-binding Letter of Intent (LOI) with Grupo Macomax S.A. de C.V. in Mexico. Grupo Macomax is a Mexican Corporation that offers solutions to environmental emergencies in the whole Mexican territory. Grupo Macomax is a holding company that is part of a multi-million dollar consortium that has been in business for more than 17 years and has developed strong ties with Pemex and the Mexican Federal Government as a reliable service provider.

The purpose of the LOI is to reflect the desire of the parties to agree upon the terms of a commercial transaction, whereby Robix’s Clean Ocean Vessel (COV) technology will be introduced to Mexico and utilized for oil spill recovery and remediation in that country. Efforts are currently underway to arrange for shipping the recently manufactured COV to Mexico for reassembly, testing and deployment upon the execution of a definitive agreement.

In addition, Corris has retained the services of local Mexican marketing experts Fidus & Creare to assist with the marketing of the COV in Mexico. For more information on Corris and the COV please visit the newly launched website www.corristechnologiesmexico.mx.

About Robix Alternative Fuels

The Corporation is an “industrial products/technology” company, which has developed the Clean Ocean Vessel (“COV”), an oil spill recovery vessel design with the capability to recover oil not only in rough and debris laden sea conditions but more contained environments such as lakes and rivers. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry. The business model is focused on Robix becoming a large-scale provider of services and/or equipment under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com
www.robixfuels.com

The Howard Group
Jeff Walker
Vice-President
(403) (888) 221-0915
Jeff@howardgroupinc.com

The Howard Group
Brad Dryer
Associate
(403) (888) 221-0915
brad@howardgroupinc.com
www.howardgroupinc.com

Robix Appoints Chief Development Officer to Oversee COV Product Launch

Posted by AGORACOM-JC at 7:41 AM on Wednesday, March 11th, 2015

LETHBRIDGE, ALBERTA–(March 11, 2015) – Robix Alternative Fuels, Inc. (“Robix” or the “Corporation”) (CSE:RZX)(FRANKFURT:R0X) announced today that Wayne MacDonald will be joining Robix as Chief Development Officer. Mr. MacDonald will be responsible for the successful launch of the Clean Ocean Vessel (COV) from manufacturing to customer support and service.

As a seasoned Manufacturing Engineer, Mr. MacDonald brings 30+ years of experience in the areas of Research & Development, Product Introduction, Lean Manufacturing, Team Building and Direct Sales from a cross section of industrial sectors. Under his leadership he has spearheaded plant transformations and startups while delivering continuous manufacturing improvements to attain maximum output with the highest quality, lowest cost and greatest flexibility. As an example, Mr. MacDonald once led a talented team of individuals in transforming a 76,000 square foot warehouse to a complete manufacturing facility in 100 days, concurrent with product deliveries starting the next day.

Mr. MacDonald’s reputation for executional excellence is coupled with a keen customer focus. He has a proven track record of providing extensive customer consultation and customer service that has driven significant revenue generation and growth for his previous employers.

“Wayne has a reputation of sweating the details up front in preparation for successful product launches and a genuine concern for customer satisfaction,” commented Nathan Hansen, President and CEO of Robix. “His skill set complements our existing team and I am delighted that he has come on board at such a critical juncture in our Company’s history. Wayne’s expertise will be crucial to the successful launch of our COV product.”

About Robix Alternative Fuels

The Corporation is an “industrial products/technology” company, which has developed the Clean Ocean Vessel (“COV”), an oil spill recovery vessel design with the capability to recover oil not only in rough and debris laden sea conditions but more contained environments such as lakes and rivers. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry. The business model is focused on Robix becoming a large-scale provider of services and/or equipment under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com
www.robixfuels.com

The Howard Group
howardgroupinc.com
(403) (888) 221-0915

The Howard Group
Jeff Walker
Vice-President
Jeff@howardgroupinc.com

The Howard Group
Brad Dryer
Associate
brad@howardgroupinc.com

Robix Completes Construction of the COV and Grants Options

Posted by AGORACOM-JC at 7:00 AM on Thursday, February 19th, 2015

LETHBRIDGE, ALBERTA–(Feb. 19, 2015) – Robix Alternative Fuels, Inc. (“Robix” or the “Corporation”) (CSE:RZX)(FRANKFURT:R0X) announced today that the construction of its first 40ft Clean Ocean Vessel (COV) is complete. The final construction including a special paint application on the COV was recently completed in Sparwood, BC and the unit has been disassembled and readied for shipment. The date and location of the official unveiling and showcasing of the COV to customers, shareholders and other stakeholders has yet to be finalized.

“I am very proud of the final product and we are close to finalizing a location to showcase the COV,” said Nathan Hansen, President and CEO Robix. “I’d like to thank the people at Rayco Steel, the fabricators of the COV, for their excellent workmanship and dedication to this project. We are excited to continue our working relationship with them as our official manufacturer of the COV.”

On the sales and marketing of the COV, Mr. Dale Oleksyn, Vice President Marketing at Robix commented, “The response from customers to date on the concept of the COV has been very strong. We have spoken to a range of customers from large multinational organizations, to environmental services companies, to Governments and Ports and we are seeing significant traction in the market for this product. I am keen to showcase the 40ft COV and am confident that we can translate that interest to date into firm sales and a robust order book.”

In addition the Corporation, subject to regulatory approval, has granted incentive stock options to purchase a total of 150,000 common shares, at an exercise price of 52 cents per common share. They expire on February 17, 2020, in accordance with the corporation’s stock option plan.

About Robix Alternative Fuels

The Corporation is an “industrial products/technology” company, which has developed the Clean Ocean Vessel (“COV”), an oil spill recovery vessel design with the capability to recover oil not only in rough and debris laden sea conditions but more contained environments such as lakes and rivers. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry. The business model is focused on Robix becoming a large-scale provider of services and/or equipment under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com
www.robixfuels.com

The Howard Group
Jeff Walker
Vice-President
(888) 221-0915
Jeff@howardgroupinc.com

The Howard Group
Brad Dryer
Associate
(888) 221-0915
brad@howardgroupinc.com
www.howardgroupinc.com

CLIENT FEATURE: Robix (RZX: CSE) Revolutionary Oil Spill Clean Up Technology

Posted by AGORACOM-JC at 3:43 PM on Thursday, January 8th, 2015

RZX: CSE

  • The COV’s rapid recovery rate and large on-board storage result in low per barrel recovery cost.
  • The COV’s simple design minimizes down time for repair and maintenance.
  • A two-man crew can be easily trained and the COV vessel can operate long hours without interruption
  • Goal to be selling COV products in the first half of 2015

Design Versatility

  • COV’S can be scaled to meet various application requirements (sizes range from 10 Ft., 20 Ft., 40 Ft., 80 Ft., 100 Ft. (references to length of vessel
  • A standard 40-foot COV is 40 feet in length, 26 feet in width, and 12 feet in depth
  • Recently completed the engineering drawings for the Clean Ocean Vessel (COV) and ordered critical components to initiate construction on the COV

Recent Highlights

  • Signed an exclusive manufacturing agreement with Rayco Steel Ltd, to manufacture the Clean Ocean Vessel
  • Based on market analysis Robix has decided to commence construction of a 10ft COV
  • Creating a new business division, through a subsidiary entity, to enter into the marine industry.

How the COV compares to the competition:

  • Rates of oil recovered and recovery-throughput efficiencies are noted as “oil rate of recovery” (ORR) and “recovery efficiency” (RE).
  • The water surface lifting force generated by the COV’s patented contra-rotating drums acts in a suction or pumping manner that increases the ORR compared to conventional skimmer systems and the RE of the COV is in the 90-97% range. This is competitive with best in class 21st century technology in terms of ORR and RE.
  • Further improvements to the ORR (in terms of gallons per minute) could easily catapult the COV to “top three” status, by increasing the surface area of the drums through design modifications without impairing the stability of the vessel which is inherent to the COV design.
  • When our competitors’ skimmer systems meet waves above 18 inches, they are forced to suspend service. The COV operates in rough sea conditions (as high as 8 feet waves), significantly out-performing its competitors, and stands in a class of its own.

Featured COV Technology

 

12 Month Stock Chart


Robix Announces Construction of 10ft COV

Posted by AGORACOM-JC at 4:07 PM on Thursday, December 18th, 2014

LETHBRIDGE, ALBERTA–(Dec. 18, 2014) – Robix Alternative Fuels, Inc. (“Robix” or the “Corporation”) (CSE:RZX)(FRANKFURT:R0X) announced today that it has commissioned Rayco Steel to build a 10ft patented Clean Ocean Vessel (COV). Based on market analysis Robix has decided to commence construction of a 10ft COV. The 10ft COV is ideally suited to 21st century technology that can allow it to be controlled remotely or unmanned.

“Our market analysis and customer consultation with major companies in the oil and gas business has demonstrated a clear demand for the 10ft COV especially in tailing ponds applications,” commented Nathan Hansen, President and CEO of Robix. “The 10ft COV is simply a scaled down version of the 40ft unit that is currently being built by Rayco. We expect to have the 40ft COV ready for deployment and prove sea worthiness in January. Our goal is to get ahead of the anticipated demand for the 10ft COV model by starting construction now. I am confident in our market analysis and the demand for our unique product.”

About Robix:

The Corporation is an “industrial products/technology” company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements. Robix owns a Clean Ocean Vessel (“COV”) patent, which is an oil spill recovery vessel design with the capability to recover oil in rough and debris laden sea conditions. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry, and it proposes to develop a business model as a service provider, and/or equipment provider under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com
www.robixfuels.com

CLIENT FEATURE: Robix (RZX: CSE) Revolutionary Patented Oil Spill Clean Up Technology

Posted by AGORACOM-JC at 2:43 PM on Thursday, December 18th, 2014

RZX: CSE

The Corporation is an “industrial products/technology” company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements.

Highly Cost Effective – Clean Ocean Vessel

  • COV’s rapid recovery rate and large on-board storage result in low per barrel recovery cost.
  • COV’s simple design minimizes down time for repair and maintenance.
  • A two-man crew can be easily trained and the COV vessel can operate long hours without interruption
  • Selling COV products in the first half of 2015

Design Versatility

  • COV’S can be scaled to meet various application requirements (sizes range from 10 Ft., 20 Ft., 40 Ft., 80 Ft., 100 Ft. (references to length of vessel
  • A standard 40-foot COV is 40 feet in length, 26 feet in width, and 12 feet in depth
  • Recently completed the engineering drawings for the Clean Ocean Vessel (COV) and ordered critical components to initiate construction on the COV

Featured COV Technology

Recent Highlights

  • Signed an exclusive manufacturing agreement with Rayco Steel Ltd, to manufacture the Clean Ocean Vessel
  • Creating a new business division, through a subsidiary entity, to enter into the marine industry.
  • Announced that Rick Carson, of Montreal, PQ, has agreed to join Robix as a Strategic Advisor.
  • Announced that it intends to enter into an agreement with Rayco Steel Inc., wherein Rayco shall work on completion of engineering construction drawings for the anticipated construction of the first Clean Ocean Vessel.

How the COV compares to the competition:

  • Rates of oil recovered and recovery-throughput efficiencies are noted as “oil rate of recovery” (ORR) and “recovery efficiency” (RE).
  • The water surface lifting force generated by the COV’s patented contra-rotating drums acts in a suction or pumping manner that increases the ORR compared to conventional skimmer systems and the RE of the COV is in the 90-97% range. This is competitive with best in class 21st century technology in terms of ORR and RE.
  • Further improvements to the ORR (in terms of gallons per minute) could easily catapult the COV to “top three” status, by increasing the surface area of the drums through design modifications without impairing the stability of the vessel which is inherent to the COV design.
  • When our competitors’ skimmer systems meet waves above 18 inches, they are forced to suspend service. The COV operates in rough sea conditions (as high as 8 feet waves), significantly out-performing its competitors, and stands in a class of its own.

 

Hub On AGORACOM / Corporate Profile

 

Robix Announces Proposed Unit Private Placement

Posted by AGORACOM-JC at 3:04 PM on Thursday, December 11th, 2014

LETHBRIDGE, ALBERTA–(Dec. 11, 2014) – Robix Alternative Fuels Inc. (“Robix” or the “Corporation”) (CSE:RZX) announced today that it intends to complete a non-brokered private placement offering of units at a price of $0.40 per unit for gross proceeds of up to $1,000,000. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder thereof to acquire one additional common share at a price of $0.60 per share for a period of one year after the closing.

A finder’s fee of up to 10% of the gross proceeds of the offering may be paid on all or any portion of the funds raised pursuant to this offering. In addition, finders will receive finders warrants equal to up to 10% of the number of units issued in connection with the offering. Each finders warrant will entitle the holder to purchase one common share at a price of $0.40 for a period of one year after the closing.

The closing of the offering is expected to occur on or about December 31, 2014, and is subject to regulatory approval. For further details on the offering, please contact the Corporation. All securities issued in connection with the offering will be subject to a hold period of four months from the date of closing. The net proceeds from the offering will be used to finance the Corporation’s continuing capital program and for general working capital purposes.

About Robix:

The Corporation is an “industrial products/technology” company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements. Robix owns a Clean Ocean Vessel (“COV”) patent, which is an oil spill recovery vessel design with the capability to recover oil in rough and debris laden sea conditions. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry, and it proposes to develop a business model as a service provider, and/or equipment provider under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com
www.robixfuels.com

Robix Signs Exclusive Deal With Rayco to Manufacture COV

Posted by AGORACOM-JC at 12:35 PM on Monday, December 8th, 2014

Deal Contemplates Marine and Oil Sand Tailings Applications

LETHBRIDGE, ALBERTA–(Dec. 8, 2014) – Robix Alternative Fuels Inc. (“Robix” or the “Corporation”) (CSE:RZX)(FRANKFURT:R0X) announced today that it has signed an exclusive manufacturing agreement with Rayco Steel Ltd, of Sparwood, British Columbia, to manufacture the Clean Ocean Vessel (COV). The manufacturing agreement covers the current design of the COV which is targeted toward oil spill containment and recovery in marine applications. In addition, Rayco also has exclusive rights to manufacture subsequent COV designs including non-marine applications such as waste water streams from the oil sands and oil production environments generally. Finally, Rayco will provide Quality Assurance Quality Control to Robix on all COV manufacturing even in instances where the COV is manufactured off-site. The agreement is in effect until terminated by Rayco giving Robix not less than 60 days prior written notice. Pricing will be determined between parties at the time of the order.

“Rayco’s work to date on our first commercial COV has been excellent and that quality workmanship has given me confidence in selecting them as our exclusive COV manufacturer,” commented Nathan Hansen, President and CEO of Robix. “They have project managed the construction, worked to a tight budget and been instrumental in working with marine engineers and architect group as well as Transport Canada to facilitate design improvements to the COV which will make this iteration, a product that meets 21st century specifications.” Mr. Hansen continued, “Our business model has always been to be the owner and marketer of leading edge technology in this space. By contracting the COV construction to Rayco, we are not incurring extensive capex costs from purchasing manufacturing facilities. As a result we are managing our share structure which is small compared to our peers at a similar stage of development. Our goal is to be selling COV products in the first half of 2015.”

In addition, Robix has been examining the use of the COV design in non-marine applications including tailings ponds in the Alberta Oil Sands projects. A tailings pond is an engineered dam and dyke system that is used as a settling basin/storage container for the mixture of water, sand, clay and residual oil that is left over after oil sands processing. Management believes the COV could be used in these environments to contain and recover oil from the tailings ponds.

Mr. Hansen continued, “In tandem to building the first commercial COV, we’ve been working with Rayco on testing the principles of the COV design on non-marine applications. These include waste water streams from oil production and represents a new potentially lucrative revenue stream for Robix. The COV is a very versatile design which can be applied to a number of applications. I look forward to exploring this avenue further, but our first priority is to get the COV into the water to test its performance in open seas and prove sea worthiness. We are slightly behind schedule and due to the December holiday season will likely be ready to launch the COV in January.”

About Rayco

Rayco operates a 17,000 sq. ft. state-of-the-art fabrication shop in Sparwood, BC and employs 68 qualified professionals. Rayco has been supplying mines and industry with quality steel fabrication and QC work since 1980. Certified to division 2.1 with the C.W.B, Rayco provides structural steel fabrication, heavy plate work, maintenance and equipment upgrades. In addition, they are qualified supplier to Teck Coal Ltd. sites.

About Robix:

The Corporation is an “industrial products/technology” company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements. Robix owns a Clean Ocean Vessel (“COV”) patent, which is an oil spill recovery vessel design with the capability to recover oil in rough and debris laden sea conditions. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry, and it proposes to develop a business model as a service provider, and/or equipment provider under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com