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LETHBRIDGE, ALBERTA--(Marketwire - Aug. 3, 2012) - Robix Alternative Fuels Inc. ("Robix" or the "Corporation") announced today that it settled outstanding indebtedness of $105,500 through the issuance of 1,055,000 common shares of the Corporation at a deemed price of $0.10 per common share (the "Debt Settlement"). The common shares issued in connection with the Debt Settlement are subject to a four month hold period that expires on December 4, 2012. |
