Robix Alternative Fuels Inc.

Robix Alternative Fuels Inc.

December 17, 2014 16:03 ET

Robix Announces Grant of Stock Options

LETHBRIDGE, ALBERTA--(Marketwired - Dec. 17, 2014) - Robix Alternative Fuels, Inc. ("Robix" or the "Corporation") (CSE:RZX) announced today that the Corporation, subject to regulatory approval, has granted incentive stock options to purchase a total of 595,230 common shares, at an exercise price of 38 cents per common share. They expire on December 17, 2017, in accordance with the Corporation's stock option plan.

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.

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