Robix Received Management Change & Notice of Civil Action
18 January 2018 - 12:30AM
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 OfficerTel: 403-480-4020Email: info@robixfuels.com
No stock exchange or any securities regulatory body has reviewed
the contents of this news release.
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