Robix Alternative Fuels (CSE: RZX) Stock Price Climbs 47%; Signs MERV Marine MOU

Published:

Shares of Robix Alternative Fuels, Inc. (CSE: RZX) are defying the summer stock sell off, powering more than 47% higher in a recent seven-day period. During that time Robix, which has developed an oil spill recovery vessel technology, announced the signing of a Memorandum of Understanding with Australia’s MERV Marine Limited to co-distribute each other’s products in each other’s territory. This MOU could give Robix access to a large part of the 26 billion-dollar-a-year global Workboat market, this according to company CEO Nathan Hansen. 

Keep up to date with all the news from Robix by signing up on the company’s Investor Hub on SmallCapPower. And while you’re there, see more Clean Tech investment opportunities in our benchmark-beating Ubika Sustainability 20 Index.


Robix Alternative Fuels is a featured sponsored company and has paid a fee for coverage. For more information please visit the company’s Investor Hub HERE >>

Disclosure
Ubika Research has received compensation from Robix Alternative Fuels to provide analyst research coverage.

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

Ubika Research and https://smallcappower.com/ (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: https://smallcappower.com/disclosure/.

About Ubika Research

Ubika is an investment research and capital market services firm based in Toronto and Vancouver with a proven track record of identifying and launching coverage of high potential small cap stocks at an early stage, thus offering timely market insights. Its specialty is small-cap companies with a market capitalization of <$5 billion.

Related articles

Recent articles