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

50 Views
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.
Be the first to comment