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LETHBRIDGE, ALBERTA--(Marketwired - Jan. 30, 2015) - Robix Alternative Fuels Inc. ("Robix" or the "Corporation") (CSE:RZX) announced today that it has completed the second and final tranche of the previously announced private placement of units. Robix issued 1,016,687 units at a price of $0.40 per unit, for gross proceeds of $406,675. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder thereof to acquire one additional common share at a price of $0.60 per share for a period of one year after the closing. |
