Robix Environmental Technologies Inc. and Formation Fluid Management Inc. announced that they have entered into an amalgamation agreement dated August 26, 2016 together with a newly incorporated subsidiary of Robix, pursuant to which Robix has agreed to acquire all of the outstanding shares of Formation Fluid by way of a three-cornered amalgamation. The Amalgamation Agreement contemplates that following the closing two nominees of Formation Fluid, Mr. Ken Rose and Mr. Mark Bentsen, will be added to the Board of Directors of Robix.