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Enter Symbol
or Name
USA
CA



Robix Alternative Fuels Inc
Symbol RZX
Shares Issued 6,379,766
Close 2014-05-05 C$ 0.455
Market Cap C$ 2,902,794
Recent Sedar Documents

ORIGINAL: Robix hopes to commission COV in four months

2014-05-07 10:14 ET - News Release

Received by email:

File: 07-5-2014 COV Robix Materials-Order News Release.docx


NEWS RELEASE
ROBIX STARTS CONSTRUCTION OF ITS PATENTED CLEAN OCEAN VESSEL (COV)
May 7, 2014 - Lethbridge, AB:   Robix Alternative Fuels Inc. ("Robix" or the "Corporation") (RZX:CSE) announced today 
--->that it has recently completed the engineering drawings for the Clean Ocean Vessel (COV) and ordered critical componen
--->ts to initiate construction on the COV. The engineering drawings were completed by Rayco Steel Ltd, of Sparwood, BC.  
--->The highly anticipated COV is expected to be ready for commissioning in approximately four months. Robix holds a paten
--->t covering its unique COV technology.   
The COV is an ocean vessel, catamaran-hull barge design, capable of recovering oil from water, in virtually any condit
--->ions, especially in rough seas (40 Foot COV is stable up to Beaufort 6, or 8 feet ocean waves). Contra-rotating drums 
--->lift oil/water fluid from the surface of the ocean and scavenger blades "scrape" the oil/water fluid off the drums int
--->o storage tanks within the catamaran hulls. A prototype of the technology has been tested, is proven and scaleable. Th
--->e COV has received independent verification through a Certificate of Endorsement by COPP, the USA based Committee for 
--->Oil Pollution Prevention.
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 ef
--->ficiency" (RE). 
The water surface lifting force generated by the COV's patented contra-rotating drums acts in a suction or pumping man
--->ner 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 clas
--->s of its own.
"This marks the beginning of our preparation for the commercial launch of our COV product," commented Nathan Hansen, P
--->resident and CEO of Robix Alternative Fuels. "The COV's ability to operate so efficiently even in rough water truly se
--->ts this product apart from its competition. We are in active discussions with potential strategic partners that have e
--->xisting global market access, but lack a truly unique solution such as the COV, in oil spill response and recovery."

About Robix:
The Corporation is an "industrial products/technology" company, offering to investors a unique opportunity to particip
--->ate in a leading company in the business of ownership of patents, and their development from commercialization to worl
--->dwide expansion through various business arrangements.   Robix owns a Clean Ocean Vessel ("COV") patent, which is an o
--->il 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 equipmen
--->t provider under licensing agreements with other industry participants, wherein Robix will use its COV patented design
---> solution.
For more information please contact:
Robix Alternative Fuels Inc. 	 Website: www.robixfuels.com 
Nathan Hansen			or		Robin Ray
President & CEO				Chief Financial Officer
Tel: 250-683-8957				Tel: 403-327-3094
Email: nathan@robixfuels.com 			Email: robin@robixfuels.com

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 statemen
--->ts 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 forwar
--->d-looking information and a description of risk factors that may cause actual results to differ materially from forwar
--->d-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The co
--->mpany does not undertake to update any forward-looking information except in accordance with applicable securities law
--->s.




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