RBEIF: Inactive security. FINRA deleted symbol.

https://otce.finra.org/otce/dailyList?viewType=Deletions

RBEIF SEC Suspension "because of questions regarding the adequacy and accuracy of information about the company".

https://www.sec.gov/litigation/suspensions/2018/34-84824.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-84824-o.pdf

Fairmont resources does not own it.

My Under standing they need A shareholding vote to sell any assets while in bankruptcy. I never got paper work of a vote. If they did sell the mine we shareholders can sue to get it back!!! Rebuilding this company from ground up

Little bit of volume and mostly buys. Wonder if there's any life here...

Answering my own question ! Fairmont resources ! But I will need some one to explain why RBe are still trading and what assets they have?

I just read a report from KSA that states an undisclosed purchased was supposed to have bought The mine and processing facility in August. Does any one have any additional news?

Spot price of lithium carbonate in China is $18000-20000

Hmmmm....pretty decent spike in volume today. I wonder what is up with this in the Canadian BK courts now?

DD22

Wow this board is a dead stick

I have been seeing some ask smacking , wonder what's up

so let me get this straight the A/S is unlimited

See post 227 below for your answer. Basically, a new source of funding came through to keep the doors open at Quebec Lithium/RB Energy. Well, keep them open for at least a little while longer until they can find a buyer or another financier for the company. Some people found this information and started buying and it spread into a speculative, momentum, pump play for the flippers who dumped on everyone in the .02zz.

It would be nice if the offtake partners from China would buy the company and let a third party manage the mine's operation. Worst case is a buyer can't be found and the place is shuttered and shut down for lack of working capital. Of course the equity shares would be cancelled and we would lose everything invested....well whatever shares that people have left after the convenient Reverse Split the company performed on us in February 2014.

Anywho,

DD22

Why did this run 1000% ON 5/1?

Well the wheels are falling off this one again. If I didn't know better I would swear the "company" diluted into this last recovery run..or more likely Richard P. Clark was diluting in order to get paid for the month.

They just burn through cash like it's cheap 1 ply toilet paper. This company's market cap is now a little over $2.3 Million...yes Million. Their capital assets are worth way more than that.

What's the saying, "the market can be irrational longer than you can be liquid"?.

Isn't that the truth....LMFAO

DD22

A lot of flippers trying to exit and lock in profits today though. Might see record volume and a Doji for the day's activities as there is indecision in the market regarding belief of it continuing to go up or it falling back down.

I bought more shares so I'm sure it it will halt and go to no bid after lunch....or maybe the company will announce that the company has been bought and going private and cancelling all common shares.

LMFAO,

DD22

Nice bids showing

this could see MASSIVE gains from here imo

I agree a PR would of been appropriate. By the time I dug up that news letter in French, this was already up 700%.... and its still bleak as to what is really happening.... all I put together was they are broke and have a huge debt owed, I think like $17 million and its due yesterday, but there's value to their operation so the gov is stepping up to pay the bills to keep the lights on until and if they can find a buyer... a couple months top. They did catch up their filings but that could of be court ordered.... one thing for sure though, someone sees value in this.... they were bidding $10 and $15 grand in the afternoon above 2 cents.... anyways, I don't know the history here, just something's up, or so it appears...

Nice day here...lol. I was wondering if we were going to hear anything today. Too bad the douchebag company couldn't have actually done a PR or a filing in Sedar explaining this development and then put it on their website.

Apparently they were probably all too busy trading on insider knowledge and taking advantage of this 900% run.

SMH,

DD22

No prob. heres some more info links

http://web.tmxmoney.com/quote.php?qm_symbol=RBEIF:US

http://www.sedar.com/search/search_en.htm

thanks

For inquiring minds, here is a google translation of an article released yesterday....

http://www.tvaabitibi.ca/articles/20150430120014/gouvernement_secours_mine_quebec_lithium.html

The Quebec government could allow the Quebec Lithium mine to avoid the worst either its final closure. Depending on what RNC News has learned, Investissement Québec could finance mining, until she found a partner to exploit Quebec Lithium.

Luc Blanchette we had put a flea in the ear Tuesday on air: good news would be announced in the Québec Lithium file. The mine is in production stop for months, was placed under the law of creditor protection and had recently completed a two-month deadline to find an investor.

But the American Hale Capital, which financed the mine in recent months, was to take possession today and try to repay the $ 13 million invested. The worst was therefore expected: a decommissioning and final closure of the factory.

Except, that Investissement Québec is back in the picture and could take financial control of the mine for the next months, the time to find a partner that will exploit. An avenue the RB Energy CEO, Richard Clark, strongly encourages.

The latter says it's Quebec Lithium debt that prevented to continue its activities as banks would not negotiate. A problem that the government would not have to face.

Investissement Québec would not give many details but confirmed to be looking for solutions. Richard Clark affirms that the Government, which must somehow spend money in other mining projects in connection with the Plan Nord's advantage to take possession of a mine with 90% of the investment is already done. Besides Clark, who is very familiar Quebec Lithium offered assistance to Investissement Québec, though of course, it takes control of the mine.

And apparently all the RBEIF Board of Director rats are jumping ship before they are stuck or sued for something etc... What a trainwreck....SMDH.

It would be great if some mega, mega Billionaire company made an all cash play on them. It would be awesome if Tesla whould buy it to directly support it's car battery production factory being built in Texas.


Resignation of Directors

Each of the Directors of RB Energy, other than Richard P. Clark, resigned effective April 1, 2015. Mr. Clark will continue as the sole director and CEO to provide direction to the Company during the CCAA proceedings.


On behalf of the Board,

Richard P. Clark, President and CEO

RB Energy Provides an Update on the Status of Sale and Investor Solicitation Process

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 6, 2015) - RB Energy Inc. (the "Company" or "RB Energy") provides an update on the status of the Court approved sale and investor solicitation process (the "SISP"). No "Qualified Offers" were received by the SISP deadline of March 27, 2015 (the "Offer Deadline"). The Company has developed an alternative course of action to attempt to obtain value for its stakeholders prior to the maturity date of the US $13 million "Debtor-in-Possession" loan ("DIP Loan") of April 15, 2015.

CCAA Proceedings

On October 14, 2014, following consultations with legal and financial advisors, the Company applied for and obtained an Initial Order to commence proceedings under the Companies' Creditors Arrangement Act ("CCAA") in the Québec Superior Court in respect of the Company and its Canadian subsidiaries. The Court granted an initial stay of proceedings to November 13, 2014, which was subsequently extended to April 30, 2015. During the CCAA proceedings, corporate activities and Québec Lithium care and maintenance operations are being funded by the DIP Loan provided by Hale Capital Partners ("DIP Lender") and approved by the Court.

On November 13, 2014, the Court approved the SISP in order for the Company to actively seek a financial and restructuring solution to the Company's current situation in the form of an acquisition of all or a partial interest in its Québec lithium and Chilean iodine projects or of an investment in the Company and a restructuring of its financial obligations, for the benefit of all stakeholders. Rothschild, a leading global financial advisor and investment bank, was engaged by the Company to manage this process.

The SISP

Under the SISP, and with the assistance of Rothschild, RB Energy has actively solicited expressions of interest from third parties for the acquisition of all or a partial interest in its Québec lithium and Chilean iodine projects or for an investment in the Company and a restructuring of its financial obligations.

Third parties that executed a non-disclosure agreement conducted preliminary due diligence over a period that ended on January 23, 2015, the deadline for submission of non-binding letters of intent ("LOIs"). The Company received a number of LOIs by the deadline and advised a number of the interested parties that they had been selected as qualified bidders to continue to conduct due diligence with the goal of submitting final binding offers by the Offer Deadline.

As at the Offer Deadline, no binding offers that were compliant with the requirements of the SISP ("Qualified Offers") were received.

The Company has since consulted with its Court-appointed monitor ("Monitor"), the DIP Lender and the agent to its pre-filing lending syndicate ("Agent") to determine an appropriate course of action. As a result of those discussions, and with the consent of the Monitor, the DIP Lender and the Agent, the Company and Rothschild intend to immediately re-engage with certain interested parties identified during the SISP in an expedited process to solicit one or more binding offers by April 14, 2015. There is no assurance that the Company and Rothschild will be successful in securing such offers.

DIP Loan

The DIP Loan becomes due and owing on April 15, 2015. The Company does not currently have the ability to repay the DIP Loan on such date.

There are no assurances that the Company will secure a satisfactory financial solution to the current situation.

Resignation of Directors

Each of the Directors of RB Energy, other than Richard P. Clark, resigned effective April 1, 2015. Mr. Clark will continue as the sole director and CEO to provide direction to the Company during the CCAA proceedings.

About RB Energy Inc.

RB Energy is a Canadian company formed pursuant to the arrangement involving Sirocco Mining Inc. and Canada Lithium Corp. It currently owns Aguas Blancas, an iodine producing mine in northern Chile, and Québec Lithium near Val d'Or, the geographical heart of the Québec mining industry. The Aguas Blancas mine is currently in production. The Québec Lithium mine has completed construction and, prior to going into care and maintenance on October 7, 2014, was in the commissioning phase. For more information regarding RB Energy, please refer to its public filings available at www.sedar.com.

Forward-Looking Statements

Certain information contained in this news release, including statements regarding our ability and the timing to successfully emerge from CCAA proceedings; the outcome of the SISP process; the ability to repay the DIP Loan, continue as a going concern and meet obligations as they become due, and achieve value for its stakeholders; the return to active operations and reaching commercial production at Quebec Lithium; the listing or re-listing of our securities on any stock exchange, are forward-looking statements. These forward-looking statements relate to future events or future performance and also reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to the Company. In some cases forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. The estimates and assumptions of RBI underlying the forward-looking statements in this news release may prove to be incorrect. Assumptions upon which such forward looking information include, among other things, the ability to continue as a going concern and meet obligations as they become due, to obtain future financing or re-structure in order to successfully emerge from the CCAA proceedings, successful and timely commissioning, ramp-up and production at the Québec Lithium Project; the lack of any further significant capital expenditures during the commissioning stage or to bring the hydrometallurgical process plant into production; the continuing support and cooperation of RBI's off-take partners; as well as financial predictions premised on such assumptions. Although the Company believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. RBI expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

On behalf of the Board,

Richard P. Clark, President and CEO

END OF PR.....

DD22

This seems like .0035 may have been bottom?

You are not alone in this feeling. Chalk it up, maybe. We had our shares before they converted to an "F" company and we'll have to transfer them from current broker to if want to sell it. Hmmmmm. What a pain in the arse.

I wonder what the future holds for current RBEIF shareholders that have went through hell in a hand basket with this company? Will the company be complete and ultimate douchebags and cancel all of our remaining shares that we have left after they reverse split on us???

If they do I may have to drive to Canada and visit these A-Holes.

One of the worst managed company's I have ever invested in.

DD22

Thank you.

DD22

Thanks! I hit you back!!

RB Energy CEO Not Giving Up on Quebec Lithium Project

BYResource Investing News
10/27/14 - 08:00 AM EDT|
http://www.thestreet.com/story/12933458/1/rb-energy-ceo-not-giving-up-on-quebec-lithium-project.html

It isn't news to lithium market watchers that North America's newest lithium producer, RB Energy (TSX:RBI), has fallen on hard times. After failing to complete a much-needed financing, the company was forced in early October to halt operations at its Quebec lithium plant and lay off workers until the matter can be resolved.

Speaking with RB Energy's CEO, Richard Clark, it's clear that while the situation is unfortunate, it was becoming increasingly necessary for the company to take a step back and restructure its finances. "The problem," Clark explained, "is that it took us longer than we expected to get the Quebec project up and running, which obviously cost more money."

Knowing the company was going to need some extra operating capital in the near term, Clark believed that once the project was up and running, producing the highest-quality lithium carbonate in the world, the market would be on board and financing would come relatively easy.

"The marketing went very well, we thought we had the money raised," he said. However, an unfortunate press release from the TSX cemented the company's fate. "[The TSX] didn't put any qualification or explanation [on its press release]," Clark explained, adding, "they just had a glaring headline that we were being reviewed."

Following the TSX release, RB Energy's share price swiftly declined 25 percent, then slipped a subsequent 25 percent over the next five days. While Clark doesn't wholly blame company's share price slide on the exchange's release, he does believe that it played a significant role.

That said, Clark did admit that regardless of how the company got to this point, it now needs to take a step back and fix up its balance sheet. "I honestly believe that the problem we had in some respects was that we would have been better off being a private company," he said. "We would have had an easier time raising money and getting this project up and running."

As Lithium Investing News reported earlier this month, the markets haven't been too kind. And though lithium has held its ground over the last few years, RB Energy got caught up in a bad market.

Next steps
Applying for creditor protection, as the company did on October 13, should give RB Energy enough time to restructure its debt. It's also the only way Clark can see to preserve shareholder value.

CCAA has given the company a six-month period during which it needs to get its business in order. While RB Energy has no intention of restarting its lithium plant — which is located near Val d'Or in Quebec — in the middle of winter, it is targeting a late March or early April start up.

While six months seems like a substantial length of time, RB Energy does have its work cut out for it. Clark highlighted that the company's first order of business will be to appoint an investment banker, after which it will market its assets. From there, the company intends to bring in industry investors and restructure its debt. Clark also noted that RB Energy's Chinese partners want to be part of the restructuring.

RB Energy will also be looking to the government of Quebec for some support. To date, the government has only invested $3 million into the company by way of a construction loan guarantee.

"This is an important potential business for Quebec because there are two or three other projects behind us that they are going to have difficulty getting off the ground if our project doesn't start up again," Clark noted.

Preserving shareholder value

Clark's belief in the Quebec lithium project is clear. "We've proven the process, proven the quality," he said, noting again that the company just didn't have enough funds to continue ramping up volume.

And, Clark pointed out, as a significant shareholder, he wasn't too pleased to see the market value the company's asset at $20 million when it is in fact worth closer to $400 or $500 million. "This is a very valuable asset, it is the only mine like it in North America, and there are only two plants like it in the world," he said.

Overall, then, what's important to note is that despite the company's trouble, Clark isn't throwing in the towel any time soon. "Working for the shareholders works for everybody," he said. "The plan is to get the banks paid off, get the trade creditors settled and get those people back to work — then we can start producing again."

Securities Disclosure: I, Vivien Diniz, hold no investment interest in any of the companies mentioned.

Yeah well, we'll see how much Dick Clark cares about "preserving shareholder value" during the upcoming "debt restructuring" aka reverse split or what other destructive means they can come up with that gets the lights turned back on and the big investors happy.

Retail investors don't mean sh*t to them.

DD22

Complete Douchebags running this company to include the Investors Relations whose only job is to communicate with investors.

Nothing...crickets...chirp chirp.

SMFH,

DD22

Oh but you wait and watch if the current RBEIF C-level executives don't get to cash out and receive nice little severance gifts for their destruction and incompetence of running the company into the ground financially.

Our best hope is for probably one of the major mining companies come in and buy it outright and put in their own people who are not dumbazzes and know how to get a lithium carbonate mining and finishing operation going and profitable.

All IMO,

DD22

Does anyone know if our shares are gonna be cancelled out from this upcoming "de-listing" from the TSX by RBEIF? My shares trade on the American OTCBB exchange and I've written the company asking for clarification and not a peep in return.

I assume this CCCA action to be similar to the American Bankruptcy process where a judge will be assigned and they have to go through bankruptcy procedures that are fairly transparent in process and form.

I have a bad feeling that some other larger mining company will come in and scoop this up for pennies on the dollar, cancel the equity holders stake (shares), and pay off the outstanding debtors to gain ownership of the company. Unfortunately I've been through this procedure with several companies and the underlying, constant theme has been common shareholders are the last in line for consideration and in all cases but one our shares were cancelled and we received NOTHING.

It's part of the risk and gamble of dealing with smaller, start-ups though so not a huge surprise BUT a big disappointment.

DD22

RB Energy Receives Initial Order Under CCAA
BY Market Wire — 8:35 PM ET 10/15/2014
VANCOUVER, CANADA -- (Marketwired) -- 10/16/14 --

RB Energy Inc. (RBEIF RB ENERGY INC)(the "Company" or "RBI") (OTCQX:RBEIF) announces that the Quebec Superior Court has issued an Amended and Restated Initial Order in respect of the Company and certain of its subsidiaries under the Companies' Creditors Arrangement Act (the "CCAA"). The Company is now under the protection of the Court.

The Company also advises that Hale Capital Partners, L.P. has agreed to provide debtor-in-possession ("DIP") financing to RBI, which is expected to provide the Company with up to US$13 million of available capital during the CCAA proceedings. Advances under the DIP will be available after approval by the Court. The Company expects to receive the first advance of US$6 million under the DIP on or before Friday, October 17, 2014. The proceeds of the DIP financing are expected to be sufficient to permit the Company to meet its ongoing obligations during the restructuring process.

KPMG LLP has been appointed monitor under the Court Order. RBI management will remain responsible for the day-to-day operations of the Company, subject to the terms of the Court Order.

The Company will provide further updates as developments occur.

About RB Energy Inc. (RBEIF)

RBI is a Canadian company formed pursuant to the arrangement involving Sirocco Mining Inc. and Canada Lithium Corp. It currently owns Aguas Blancas, an iodine producing mine in northern Chile, and the Québec Lithium Project near Val d'Or, the geographical heart of the Québec mining industry. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

Wow......what a crappy run company this has been. As long as Peter Secker is around this doesn't have a chance IMO.

DD22

RB Energy Provides an Update on Financing Efforts
BY Market Wire
— 7:00 AM ET 10/03/2014
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/03/14 --

RB Energy Inc. (RBEIF) (the "Company" or "RBI") (OTCQX:RBEIF) reports that the proposed offering of secured convertible debentures to be conducted on a best efforts basis (the "Offering") (News Release dated September 15, 2014) has not yet been completed due to difficult market conditions.

The Company continues its efforts to complete the Offering and at the same time is in discussions with its bankers and other stake holders to consider alternative options, including a temporary shutdown of operations at its Quebec Lithium project.

There is no assurance that the Company will be able to complete the Offering or arrange alternate sources of funding.

About RB Energy Inc. (RBEIF)

RBI is a Canadian company formed pursuant to the arrangement involving Sirocco Mining Inc. and Canada Lithium Corp. It currently owns Aguas Blancas, an iodine producing mine in northern Chile, and the Québec Lithium Project near Val d'Or, the geographical heart of the Québec mining industry. The Aguas Blancas mine is currently in production. The Québec Lithium Project has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

Forward-Looking Statements

Certain information contained in this news release, including any information relating to the development and commissioning of the Quebec Lithium Project, the potential completion of the Offering, alternate sources of funding, temporary shutdown of operations at the Quebec Lithium Project and the ability to continue operations with limited liquidity are "forward-looking statements". These forward-looking statements relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities of RBI. These forward-looking information also reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to the Company. In some cases forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. The estimates and assumptions of RBI underlying the forward-looking statements in this news release may prove to be incorrect. Assumptions upon which such forward looking information is based include, among other things, the development and commissioning of the Quebec Lithium Project, the Company's ability to complete the Offering or obtain alternate sources of funding, the impact of a temporary shutdown of operations at the Quebec Lithium Project and adequate liquidity to support the Company's activities. Although the Company believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. RBI expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

On behalf of the Board,

Richard P. Clark, President and CEO

RB Energy Inc. (RBEIF)
Tel: 604-689-7842
info@rb-energy.com

What a trainwreck of a company...this latest group of management is going to bankrupt and completely destroy what is left of this "company". They must be using cash as the fuel for the mine furnaces. SMFH.

DD22

RB Energy Provides a Corporate Update and Announces Decision to Initiate a Sale Process for Aguas Blancas
BY Market Wire
— 5:30 PM ET 09/22/2014
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/22/14 --

RB Energy Inc. (RBEIF)(the "Company" or "RBI") (OTCQX:RBEIF) is pleased to report continued positive progress in the commissioning of the Quebec Lithium plant. Recently (News Release dated September 15, 2014), SGS Canada Inc ("SGS"), an independent consulting firm, confirmed the process design and ability to ramp up to name plate production levels (20,000 tpa) of lithium carbonate in Q1 2015. The Company has engaged SGS to mobilize a team of hydrometallurgical engineers to site to assist in meeting these timelines and achieving the production target.

In anticipation of an increased production profile at Quebec Lithium, the Board of Directors has determined that it will focus the Company's business and management efforts on lithium and as such will consider strategies to strengthen RBI's balance sheet by reducing the current levels of debt. Further, the Company recognizes that the market is not attributing appropriate value to the Aguas Blancas iodine operation in Chile. The Company's latest NI43-101 technical report dated December 19, 2013 reported an after-tax net present value of $156 million(1) for Aguas Blancas at a discount rate of 10%.

Consequently, upon completion of the convertible debenture offering that the Company is currently undertaking (News Release dated September 15, 2014), the Company plans to initiate a formal process to identify opportunities to maximize value for Aguas Blancas. Any proceeds from a sale of some or all of the Company's interest in Aguas Blancas as a result of such strategic process would be used to improve the financial position of the Company. If Aguas Blancas were sold in its entirety, RB Energy (RBEIF) would become a pure lithium story with the only hard rock lithium operation in North America.

The technical contents of this release have been reviewed by Mr. Kevin Ross, Eur. Ing., a Qualified Person pursuant to NI 43-101 and the Chief Operating Officer of the Company.

About RB Energy Inc. (RBEIF)

RBI is a Canadian company formed pursuant to the arrangement involving Sirocco Mining Inc. and Canada Lithium Corp. It currently owns Aguas Blancas, an iodine producing mine in northern Chile, and the Québec Lithium Project near Val d'Or, the geographical heart of the Québec mining industry. The Aguas Blancas mine is currently in production. The Québec Lithium Project has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

1 The estimated net present value is based on Aguas Blancas' December 31, 2012 mineral resources and reserves. As at December 31, 2013 the proven and probable reserves showed a 5% increase in contained iodine.

Forward-Looking Statements

Certain information contained in this news release, including any information relating to the convertible debenture offering, the participation by a cornerstone investor and others, anticipated use of proceeds, statements regarding our ability and the timing to implement all improvements and modifications identified by SGS and to complete commissioning activities, achieve and sustain commercial production and name-plate production levels of Lithium, and the realization of full value for Aguas Blancas after a formal sale process are "forward-looking statements". These forward-looking statements relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities of RBI. These forward-looking information also reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to the Company. In some cases forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. The estimates and assumptions of RBI underlying the forward-looking statements in this news release may prove to be incorrect. Assumptions upon which such forward looking information is based include, among other things, completion of the convertible debenture offering; the participation by a cornerstone investor, anticipated use of proceeds; successful and timely commissioning; ramp-up and production at the Québec Lithium Project; the lack of any further significant capital expenditures during the commissioning stage or to bring the hydrometallurgical process plant into production; the continuing support and cooperation of RBI's off-take partners; the Company's ability to achieve and sustain name-plate commercial production; as well as financial predictions premised on such assumptions; and the realization of full value for Aguas Blancas after a formal sale process . Although the Company believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. RBI expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

On behalf of the Board,

Richard P. Clark, President and CEO

RB Energy Inc. (RBEIF)
604-689-7842
info@rb-energy.com

DD22

Going to a nickel or a penny by November at this rate. Good job RBEIF Management!!! Way to completely destroy shareholder value yet again in the span of a few months AFTER the REVERSE SPLIT pretty much wiped out everyone then.

Trainwreck company.

DD22

This is a great short target and I hope Shorty piles in on this and drives her down to under a nickel to show the RBEIF "Board" what a bunch of f*cking idiots they are in making this recent deal. Thanks numbnuts.

Smh...

DD22

This has to be one of the worst ran companies in the history of mining companies or of any small cap company for that manner. They have burned through hundreds of millions of dollars in cash raised off the backs of shareholders and have produced about 40 Tons of Lithium Carbonate to show for it.

SHAME ON YOU RB Energy.....SHAME.....SHAME.....SHAME...

They have wiped out 2 large bands of investors in a 5 year span and are on track to crush another group holding from now until these toxic Convertible Debentures convert and are dumped into the market at a premium for the "Lead Investor" and the "Agents".

After they dilute the O/S to more than double what it is now the "Board" will magically recommend to Reverse Split the stock to "restructure the company" and "strengthen the balance sheet".

It's criminal what these MFers are doing.

All IMO,

DD22

RB Energy Provides Results of Technical Review of Lithium Process Plant and Announces Proposed Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 15, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OF FOR DISSEMINATION IN THE UNITED STATES

RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) is pleased to report the results of an independent technical process audit of the Quebec Lithium Inc. ("QLI") operation located near Val d'Or, Quebec, Canada and to announce a proposed private placement with a syndicate of agents co-led by BMO Capital Markets Inc. and Dundee Securities Ltd. (together, the "Agents") to complete, on a best efforts basis, an offering (the "Offering") of a minimum of C$78 million and a maximum of C$88 million in secured convertible debentures (the "Debentures"). The Offering is expected to close on or about September 30, 2014.

Independent Technical Process Review

The Company is pleased to report the results of an independent technical audit of the QLI process operation located near Val d'Or, Quebec, Canada. The Company commissioned SGS Canada Inc. ("SGS") to conduct an engineering review and capability assessment of the processing operations at QLI to achieve name-plate production. The technical audit, dated September 5, 2014, reviewed the commissioning progress of the process plant, confirming design parameters and optimizing operational performance.

The audit concluded that there are no 'fatal flaws' and that, with the implementation of all improvements and modifications identified by QLI and SGS, QLI can achieve name-plate production levels of 20,000 tonnes per annum of lithium carbonate.

Terms of the Proposed Offering & Lead Order

The Debentures will mature on October 31, 2019 ("Maturity") and pay a coupon of between 9.0-11.0% per annum from the closing date of the Offering, payable semi-annually in cash in arrears on the last day of June and December of each year.

The Debentures will be convertible at the holder's option into RBI common shares at any time prior to the close of business on the earlier of Maturity and the business day immediately preceding the date fixed for redemption of the Debentures. The Debentures will convert at a conversion price of C$0.50 per RBI common share (the "Conversion Price"), being a ratio of 2,000 RBI common shares per C$1,000 principal amount of Debentures, subject to adjustment in certain events.

At any time prior to Maturity, the Company may, at its option, at any time and from time to time, subject to providing not more than 60 and not less than 30 days' prior notice, redeem up to 50% of the principal amount of the Debentures, in whole or in part, at par plus accrued and unpaid interest provided that the weighted average closing price of RBI common shares on the Toronto Stock Exchange (the "TSX") during the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is not less than between 140-175% of the Conversion Price.

The Company is in discussions with a potential significant investor (the "Lead Investor") for a lead order in the range of approximately C$39.1 - $44.1 million (where in any event, the Lead Investor would hold not less than 50.1% of the outstanding principal amount of Debentures upon closing of the Offering), with the remainder of the Debentures to be sold by the Agents. There can, however, be no assurance that the Lead Investor will participate in the Offering in such amount or at all. The Agents will receive a customary cash commission on the gross proceeds from the sale of such Debentures other than to the Lead Investor. The Agents will also be granted broker warrants giving the Agents the right to acquire that number of RBI common shares equivalent to 5% of the total number of RBI common shares that may be issued upon conversion of the Debentures, other than Debentures held by the Lead Investor, at an exercise price equal to the Conversion Price for a period of 24 months following closing of the Offering (the "Agent Warrants").

The Company intends to utilize the proceeds from the Offering for: (i) settlement of existing debentures in the approximate principal amount of C$18 million; (ii) repayment of recent operational short-term loans and advances and to pay outstanding trade payables; (iii) satisfying the scheduled senior bank credit facility principal repayments for the balance of 2014; (iv) commissioning activities and capital upgrades of the QLI operation; (v) working capital expenditures at the Quebec Lithium Project; and (vi) general corporate purposes.

The Debentures will be secured by a perfected second priority security interest in all of the Company's Quebec Lithium assets, including a pledge of all of the issued and outstanding shares of QLI, a wholly-owned subsidiary of the Company. In addition, the Debentures will be secured by a first priority pledge of all of the issued and outstanding shares of Sirocco Mining Inc., a wholly-owned subsidiary of the Company. Certain of the Company's material subsidiaries will also act as guarantors under the Offering.

All securities issued pursuant to the Offering will be subject to a hold period of four months plus one day from the closing of the Offering. The Offering is subject to a number of customary conditions, including receipt of the approval of the TSX and the execution of definitive agreements by all parties.

TSX Exemption

The Company has applied to the TSX for, and expects to receive, an exemption from the requirement to seek shareholder approval for the Offering in accordance with Section 604(e) of the TSX Company Manual (the "Exemption") on the basis that the Company finds itself in a state of financial hardship and that the Offering is designed to address these financial difficulties in a timely manner. Shareholder approval of the Offering would otherwise be required by the TSX because: (i) the aggregate number of RBI common shares issuable pursuant to the Offering (if the holders convert their Debentures and the Agents exercise their Agent Warrants) would be greater than 25% of the number of RBI common shares which are issued and outstanding, on a non-diluted basis, prior to the date of closing of the Offering; (ii) the Conversion Price or exercise price of the Agent Warrants may be less than the market price of the RBI common shares at the time of such potential conversion or exercise, as applicable; and (iii) assuming completion of the Offering for the maximum gross proceeds and assuming participation in the Offering by the Lead Investor and that such participation is for C$44.1 million, and assuming that only the Lead Investor exercises its conversion right, the conversion of the Lead Investor's Debentures could result in the Lead Investor holding greater than 20% of RBI's outstanding common shares and thereby would materially affect control of the Company pursuant to the TSX Company Manual. In such a scenario, the Lead Investor would hold approximately 88,176,000 common shares, or approximately 25.1% of the Company's issued and outstanding common shares.

A committee of directors of RBI, who are independent of management, free from any interest in the Offering and unrelated to the parties involved in the Offering, has unanimously recommended to the board of directors of the Company that the Company apply to the TSX for the Exemption on the basis that (i) the Company is in serious financial difficulty, (ii) the Offering is designed to improve RBI's financial situation, and (iii) the terms of the Offering are reasonable to the Company in the circumstances. The board of directors unanimously agreed with this recommendation.

The TSX has advised RBI that reliance on the Exemption will automatically result in a review by the TSX of RBI's compliance with the continued listing requirements. RBI believes that, upon completion of the Offering, it will be in compliance with all of the continued listing requirements of the TSX. There are currently 263,289,877 issued and outstanding RBI common shares. After completion of the Offering, assuming that all of the Debentures are converted and all of the Agent Warrants are exercised into RBI common shares to the maximum extent possible, up to 180,391,200 additional RBI common shares will be issued, or approximately 68.5% of the Company's current issued and outstanding common shares.

Subject to certain conditions, including giving effect to a conversion price formula contingent on the number of days remaining to maturity, all as to be set out in the Debentures, if RBI undergoes a change of control for which cash consideration is greater than 10% of total consideration and the Debentures are subsequently converted by their holders, such conversion may result in further additional common shares being issued. Assuming (i) all of the Agent Warrants are exercised into RBI common shares to the maximum extent possible; (ii) the Offering closes on September 30, 2014; (iii) on closing of the Offering the market price of RBI's common shares is equal to the closing market price on Friday, September 12, 2014, of C$0.35 resulting in an initial conversion price premium of approximately 42.9%; and (iv) such change of control occurs on October 1, 2014, then upon such change of control, a maximum of up to 271,056,667 additional RBI common shares would be issued, or approximately 102.9% of the Company's current issued and outstanding common shares.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the Unites States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

The technical contents of this release have been reviewed by Mr. Kevin Ross, Eur. Ing., a Qualified Person pursuant to NI 43-101 and the Chief Operating Officer of the Company.

About RB Energy Inc.

RBI is a Canadian company formed pursuant to the arrangement involving Sirocco Mining Inc. and Canada Lithium Corp. It currently owns Aguas Blancas, an iodine producing mine in northern Chile, and the Québec Lithium Project near Val d'Or, the geographical heart of the Québec mining industry. The Aguas Blancas mine is currently in production. The Québec Lithium Project has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

DD22

It's good to be back in the .30zzz at least. Nothing more really heard about the next round of financing so I think the Street is wondering what the company is doing or going to do to pay the bills going forward.

I really hope it doesn't involve diluting us to death again.

DD22

Volume has picked up here since the positive sounding PRs about the progress of the mining operations.

Keep it coming.....it would be nice to get back into DollarLand.

DD22

RB Energy Q2 2014 Conference Call Rescheduled to August 15, 2014

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 13, 2014) - RB Energy Inc. (the "Company" or "RBI" or RB Energy") (TSX:RBI)(OTCQX:RBEIF) will be reporting its financial results for the second quarter 2014 after market close on Thursday, August 14, 2014.

A conference call to discuss the results will be held at 11:00 a.m. EDT on Friday, August 15, 2014. To participate in the call, please dial in 10 minutes before the conference starts and stay on the line (an operator will be available to assist you).

Dial-in Numbers: +1 416 340 2218 or Toll Free +1 866 225 2055

A replay of the conference call will be available from approximately one hour after the completion of the live call until midnight on August 22, 2014.

Replay Numbers: +1 905 694 9451 or Toll Free +1 800 408 3053. Passcode: 8610931#

RBI is a Canadian company formed pursuant to the arrangement involving Sirocco Mining Inc. and Canada Lithium Corp. It currently owns Aguas Blancas, an iodine producing mine in northern Chile, and the Quebec Lithium Project near Val d'Or, the geographical heart of the Quebec mining industry. The Aguas Blancas mine is currently in production. The Quebec Lithium Project has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

Forward-Looking Statements

DD22

With this continued progress over time, this stock should start a gradual recovery and climb back towards a $1.00. The market may want some more evidence that the upcoming finance arrangements won't be destructive or dilutive to shareholders though.

We'll see,

DD22

I would have thought the positive production news would have given us some added interest and increased volume this morning.
The bids have built up and the ask has moved up won zero volume.


This is one weird stock sometimes....Lol

DD22

RB Energy Quebec Lithium Production Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 18, 2014) - RB Energy Inc. (the "Company" or "RBI" or RB Energy") (TSX:RBI)(OTCQX:RBEIF) is pleased to report steady production at its Quebec Lithium project and increasing sales of battery grade lithium carbonate.

Since August 3, 2014 (News Release August 5, 2014), 62 tonnes of battery (>99.7% Li2CO3) grade material have been shipped to our off-take partner in China. Production levels currently average between 40 and 50 tonnes of battery grade material per week, and are expected to increase week on week going forward.

Production through the processing plant is now focused on improving recoveries and increasing volumes towards achieving commercial production levels by year end; all part of the standard commissioning process.

The Company has initiated short term financing arrangements as the first step in a two part financing process. The second step is a more comprehensive financing solution over the coming weeks which, combined with revenues from lithium sales, will allow Quebec Lithium to continue to operate in the normal course of business until commercial production volumes and positive operating cash flows are reached.

About RB Energy Inc.

RBI currently owns Aguas Blancas, a producing iodine mine in northern Chile, and Québec Lithium near La Corne, Quebec. The Aguas Blancas operation is in production. The Québec Lithium operation has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at www.sedar.com.

The technical contents of this release have been reviewed by Mr. Kevin Ross, Eur. Ing., a Qualified Person pursuant to NI-43-101. Mr. Ross is Chief Operating Officer of the Company and a Member of The Institute of Materials, Minerals and Mining.

On behalf of the Board,

Richard P. Clark, President and CEO

RB Energy Inc.

(604) 689-7842

(604) 689-4250

Forward Looking Statement Paragraph ommitted for brevity sake...

Finally, some progress. I just hope the upcoming "financing arrangements" aren't destructive AGAIN to us loyal shareholders who have been wiped out once by the previous Reverse Split and for the really long timers who got screwed over when the company first went public and the infamous Lithium reserve estimates and ensuing class action lawsuit.

DD22

http://ih.advfn.com/p.php?pid=nmona&article=63150988&symbol=TSX:RBI

Major support line was broken 3 weeks ago and it has been nothing but a slow sell-off ever since that gap down. Where will we find our feet again and create a new band/level of support??? Emotional levels would be .25, .20, .15 since we don't have any formers levels of support...have to just watch the other tech indicators for oversold conditions to end and or coupled with any fundamental affecting announcements from the company.

IMO,

DD22

BOHICA RBEIF Shareholders...the company has burned through all the cash they raised from when they restructured the share structure and took 2/3s of our shares.

Next will come another big, fat, destructive wave of dilution dumped on top of us in order to keep this Sanford and Son, amateur run money pit in operation long enough to fleece some more investors.

I'm really starting to have doubts about whether this "mining operation" is really mining anything other than investors' wallets. Could it be just a big elaborate hoax and front to steal speculators $$?????

Even if real, Cold Fusion or some other form of stored power will be invented by the time these bozos get any product to market..lol.


DD22