RB Energy Provides a Corporate Update and Announces Decision to Initiate a Sale Process for Aguas Blancas

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 22, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX: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 million¹ 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 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.

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.