LETHBRIDGE, ALBERTA--(Oct. 9, 2015) - Robix Alternative Fuels, Inc. ("Robix" or the "Corporation") ($RZX:CNX) (FRANKFURT:R0X) announced today the appointment of Wanda Cutler and Donald Benson as directors of the Corporation.
Ms. Cutler brings more than 15 years of corporate development, corporate communications/branding, product marketing and investor relations experience to the Board, where throughout her career she has held a number of senior positions in public companies including multiple alternative energy and junior mining companies. Ms. Cutler brings a solid understanding of capital markets and as counselled management and boards on joint ventures, mergers and acquisitions, capital raises and other corporate transactions. She has an extensive network of contacts including, brokers, bankers, analysts, fund managers and small and large cap executives. Ms. Cutler holds a Bachelor of Social Science (Political Science) from the University of Ottawa. She currently serves as a member of the Board of Directors of Mammoth Resources Corp.
Mr. Benson is an entrepreneur and currently serves at the Chairman, C.E.O. & President of Nordic Oil and Gas Ltd (NOG) since 2000, listed on TSX-V. During his career he has been instrumental in raising, over $15M to fund the exploration and development of NOG assets. Throughout his career he has developed strong negotiation skills, key relationships with members of the financial community including capital markets teams and retail brokers. Mr. Benson also brings extensive experience in dealing with regulators and stock exchanges. He is a graduate of the Canadian Securities Institute.
Robix is also announcing that Mr. Dale Oleksyn has resigned as a director of the Corporation in order to make room for the new directors whose experience is more aligned to the Corporation at its current stage of development. Robix wishes to thank Mr. Oleksyn for his dedication and service to the Corporation. Mr. Oleksyn will continue to be affiliated with Robix through his work in the sales and marketing of the Corporation's C Series and P Series products.
About Robix Alternative Fuels
The Corporation is an "industrial products/technology" company, which has developed an oil spill recovery vessel with the capability to recover oil not only in rough and debris laden sea conditions but also in more contained environments such as lakes, rivers and tailings ponds. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry. The business model is focused on Robix becoming a large-scale provider of services and/or equipment under licensing arrangements with other industry participants, wherein Robix will use its patented design solution.
No stock exchange or any securities regulatory body has reviewed the contents of this news release.
Robix Alternative Fuels Inc.
President & CEO
Robix Alternative Fuels Inc.
Chief Financial Officer
The Howard Group
(403) (888) 221-0915
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