Robix Received Management Change & Notice of Civil Action
January 17 2018 - 7:30AM
YASTEST
Robix Environmental Technologies, Inc. / Robix Received
Management Change & Notice of Civil Action . Processed and
transmitted by Nasdaq Corporate Solutions. The issuer is solely
responsible for the content of this announcement.
CALGARY, Alberta, Jan. 17, 2018
(GLOBE NEWSWIRE) -- Robix Environmental
Technologies, Inc. ("Robix" or the
"Corporation") (CSE:RZX) (Frankfurt:R0X)
The independent members of the
Board of Directors of Robix Environmental Technologies Inc.
announce that Mr. Robin Ray has been removed from his executive
positions with the company.
In the interim, the day to day
operations of the company will be managed by the independent board
with the support of Peter Teunissen as the Chief Financial Officer
of the Corporation.
In conjunction with this, the
company also received a Notice of a Civil Claim filed in the
Supreme Court of British Columbia from Rayco Steel Ltd., a related
party of Robix, in the amount of $1,064,325. The board is seeking
legal advice to address the matter.
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.
For more information please contact:
Robix Environmental Technologies,
Inc.
Peter
Teunissen
Chief Financial Officer
Tel: 403-480-4020
Email: info@robixfuels.com
No stock exchange or any securities regulatory body has reviewed
the contents of this news release.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Robix Environmental Technologies, Inc. via
Globenewswire
--- End of Message ---
Robix Environmental Technologies, Inc.
#3, 1406 - 3rd Avenue South Lethbridge Canada
WKN: A2AFMA;ISIN: CA7710241067;
Listed: General Standard in Frankfurter Wertpapierbörse;
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