Received by email:
File: Robix - News Release re shares for debt placement May 2014.docx
ROBIX ANNOUNCES SHARES FOR DEBT PRIVATE PLACEMENT
May 27, 2014 - Lethbridge, AB: Robix Alternative Fuels Inc. ("Robix" or the "Corporation") (RZX:CNSX) announced toda
--->y that it intends to settle outstanding indebtedness of $198,198 through the issuance of common shares of the Corporat
--->ion at a deemed price of $0.3675 per common share (the "Debt Settlement"). The common shares issued in connection wit
--->h the Debt Settlement will be subject to a four month hold period.
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
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: email@example.com Email: firstname.lastname@example.org
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
© 2023 Canjex Publishing Ltd. All rights reserved.