Robix Announces Closing of Over-Subscribed Unit Private Placement

Robix Alternative Fuels Inc. ("Robix" or the "Corporation") (CSE:RZX) announced
today that it has increased the size of and closed its previously announced
non-brokered private placement of units. Robix issued 1,775,429 units at a price
of $0.33 per unit, for gross proceeds of $585,892. Each unit consists of one
common share and one common share purchase warrant. Each warrant entitles the
holder thereof to acquire one additional common share at a price of $0.45 per
share for a period of two years after the closing. If, at any time, the closing
price of the common shares on the Canadian Securities Exchange is at least $0.54
for a minimum of 10 consecutive trading days (whether or not trading occurs on
all such days), the Corporation may, at its option, accelerate the expiry date
of the warrants by giving written notice thereof to all holders of warrants,
and, in such case, the warrants will expire on the date which is the earlier of:
(i) the 30th day after the date on which such written notice is given by the
Corporation; and (ii) the original expiry date.  


Finder's acting in connection with the private placement received aggregate fees
of $44,681.93 and an aggregate amount of 135,400 finder's warrants. Each finders
warrant entitles the holder to purchase one common share at a price of $0.33 for
a period of two years after the closing. 


Robin Ray, the Chief Financial Officer and a director of Robix, subscribed for
90,909 units and David Edwards, a director of Robix, subscribed for 22,272 units
under the private placement. Robix has determined that exemptions from the
various requirements of Multilateral Instrument 61-101 are available for the
issuance of the units (Formal Valuation - Issuer Not Listed on Specified
Markets; Minority Approval - Fair Market Value Not More Than 25% of Market
Capitalization). 


All securities issued in connection with the offering are subject to a hold
period that expires on September 7, 2014. The net proceeds from the offering
will be used to finance the Corporation's continuing capital program and for
general working capital purposes. 


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. 


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


This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, are
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the company's disclosure documents on the SEDAR website at
www.sedar.com. The company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
nathan@robixfuels.com


Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
robin@robixfuels.com
www.robixfuels.com

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