Robix Signs LOI for over 100 C Series Clean Ocean Vessels with the Mexican Navy

Robix Signs LOI for over 100 C Series Clean Ocean Vessels with the Mexican Navy

ID: 526943

(firmenpresse) -
Robix Signs LOI for over 100 C Series Clean Ocean Vessels with the Mexican Navy

February 28th, 2017 - Lethbridge, Alberta: Robix Environmental Technologies Inc. (Robix or the Corporation) (RZX : CSE) (R0X : Frankfurt) is pleased to announce that its Mexican subsidiary, Corris Technologies Mexico S.A. de C.V. (Corris) has entered into an LOI with Sector Naval de Tuxpan Veracruz, which is the Mexican Navys (Armada de México) regional office in Tuxpan. The non-binding LOI sees that the parties begin to negotiate in good faith to reach a full binding definitive agreement for deployment of Robix oil recovery technology on some Mexican Naval vessels, which are more than 100 in number.

The final definitive agreement will include standard representations, warranties, covenants, and indemnities of the parties. Robix and Armada de Mexico expect to have a definitive agreement by March 31, 2017.

Nathan Hansen, President and CEO, stated: After extensive and rigorous testing, the Mexican Navy has decided, as part of its mandate to protect coastal waters from oil spills, to move forward and negotiate with Robix for deployment of our unique and best of class oil spill recovery technology. I look forward to working with our Mexican team and partners to reach a binding agreement by March 31, 2017. I am pleased that Mexican Navy, a leading, technically advanced and globally recognized organization, has decided to move forward with our technology to help protect Mexican coast waters from the harm caused by oil spills.

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. -
Website: www.robixenvirotech.com

Nathan Hansen --
President & CEO
Tel: 250-683-8957
Email: nathan(at)robixenvirotech.com

Robin Ray
Chief Financial Officer
Tel: 403-327-3094
Email: robin(at)robixenvirotech.com

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this news release contains forward-looking statements in respect of discussions for future equipment supply contracts. There is no certainty that such contracts contemplated or in discussions will have the intended results. Although the Corporation believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Corporation can give no assurance that they will prove to be correct.

Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risk that the formal documentation effecting the Transaction is not completed or accepted. There is no certainty that a Definitive Agreement effecting the business combination will be completed or accepted. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements and information contained in this news release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Unternehmensinformation / Kurzprofil:
Leseranfragen:

Die Firma ist eine „Industrieanlagen/Technologie“-Gesellschaft, die den Investoren eine einzigartige Gelegenheit bietet, sich an einem führenden Unternehmen zu beteiligen, welches im Bereich des Eigentums von Patenten, und deren Entwicklung sowie weltweiten Vermarktung durch verschiedene Geschäftsvereinbarungen aktiv ist.



Bereitgestellt von Benutzer: irw
Datum: 28.02.2017 - 17:23 Uhr
Sprache: Deutsch
News-ID 526943
Anzahl Zeichen: 5207

contact information:
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Wien



Kategorie:

Business News



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