American Biofuels Inc.

Recent News

American Biofuels Inc. Announces Delay in Filing Annual Financial Statements and MDA

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2022) - American Biofuels Inc. (TSXV: ABS.H) (the "Company") announces that it will be delayed in filing its audited annual financial statements and management discussion & analysis for the financial year ended April 30, 2022, and the CEO and CFO certificates, all as required by National Instrument 51-102 - Continuous Disclosure Obligations and National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim...

2022-08-26 9:18 PM EDT

American Biofuels Inc. Announces an Update to its Annual Filings

Vancouver, British Columbia--(Newsfile Corp. - August 27, 2020) - American Biofuels Inc. (TSXV: ABS.H) (the "Company") announces that it will be relying on the coordinated relief provided by the securities regulators which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators ("CSA") on March 18, 2020, with respect to the filing of its annual financial statements, management's discussion and analysis, and related officer...

2020-08-27 1:33 PM EDT

American Biofuels Inc. Announces Proposed Reverse Takeover By Paragon Processing, LLC and Arrangement of Financing for up to $20 Million

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2019) - American Biofuels Inc. (TSXV: ABS.H) ("ABS" or the "Company") and Paragon Processing, LLC ("Paragon"), a Colorado limited liability company engaged in the business of manufacturing and distributing industrial hemp products (the "Paragon Business"), announces that ABS and Paragon have entered into a business combination agreement (the "Combination Agreement"), which contemplates a reverse takeover of ABS by the members of Paragon...

2019-07-30 8:00 AM EDT

American Biofuels Announces Appointment of Interim CEO, President, and Additional Director

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2019) - American Biofuels Inc. (TSXV: ABS.H) (the "Company") announces that Keturah Nathe has been appointed to the Board of Directors, effective March 20, 2019. Ms. Nathe has also been appointed Interim CEO and President of the Company, taking the place of Ron Hughes, who will remain a director of the Company. The Company sincerely thanks Mr. Hughes for his 18 years of service as President and CEO of the Company....

2019-03-20 7:25 PM EDT

American Biofuels Announces Appointment of Additional Director

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2018) - American Biofuels Inc. (the "Company") (TSXV: ABS.H) announces that Stephen Watts has been appointed to the Board of Directors, effective October 31, 2018. Mr. Watts is a Chartered Accountant with over 30 years of accounting experience in advising businesses of all sizes on corporate finance, general business advisory and taxation matters. His expertise is spread across a diverse range of industries, and he has significant...

2018-11-01 4:59 PM EDT

American Biofuels Announces Change of Directors

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2018) - American Biofuels Inc. (TSXV: ABS.H) (the "Company") announces that Christopher Cherry has been appointed to the Board of Directors, effective October 25, 2018, taking the place of Huitt Tracey who has resigned. The Officers and Board of Directors of the Company are now comprised as follows:Ron Hughes: CEO, President and DirectorTeresa Cherry: CFO and SecretaryRichard Barnett: DirectorJurgen Wolf: DirectorChristopher Cherry:...

2018-10-25 3:22 PM EDT

American Biofuels is Unaware of Any Material Changes

Vancouver, British Columbia--(Newsfile Corp. - October 18, 2018) - American Biofuels Inc. (TSXV: ABS.H) (the "Company"), at the request of IIROC wishes to confirm that management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.American Biofuels is currently an oil and gas issuer, and as disclosed in its News Release dated October 9, 2018, is looking for new business opportunities.On behalf of the Board of...

2018-10-18 12:56 PM EDT

American Biofuels Closes Equity Financing for Gross Proceeds of $1,450,000 and Settles Outstanding Debt by Cash Payments and Share Issuance

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2018) - American Biofuels Inc. (TSXV: ABS.H) announces that it has closed its private placement ("Financing") and shares for debt ("Debt") transactions announced in a News Release dated September 12, 2018. On October 5, 2018 the Company received acceptance from the NEX Board of the TSX Venture Exchange to close the Financing and Debt Transactions.In accordance with the provisions of the Financing Subscription Agreements, on October 9,...

2018-10-09 5:14 PM EDT

American Biofuels Announces Equity Financing up to $1,450,000 and $210,000 Debt Settlement

Vancouver, British Columbia--(Newsfile Corp. - September 12, 2018) - American Biofuels Inc. (TSXV: ABS.H) announces that it has negotiated, subject to acceptance by the TSX Venture Exchange ("TSX-V"), a private placement for gross proceeds of up to $1,450,000 (the "Financing"). Upon receipt of acceptance from the TSX-V to the Financing, the Company will issue up to 5,800,000 common shares (the "Shares") at a price of $0.25 per Share. Proceeds raised from the financing will be used toward...

2018-09-12 7:34 PM EDT

TransAmerican Announces Effective Date for Name Change and Consolidation

Vancouver, British Columbia--(Newsfile Corp. - September 10, 2018) - TransAmerican Energy Inc. (TSXV: TAE.H) (FSE: YQJ) (the "Company" or "TransAmerican") announces that the TSX Venture Exchange has accepted the Company's name change to American Biofuels Inc. and consolidation of its share capital on a ten (10) old shares for one (1) new share basis.The Effective Date when the Company will commence trading on a post-consolidated basis under the new name American Biofuels Inc. will be at...

2018-09-10 6:09 PM EDT

TransAmerican Announces Change of Directors

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2018) - TransAmerican Energy Inc. (TSXV: TAE.H) (FSE: YQJ) (the "Company") announces that Huitt Tracey has been appointed to the Board of Directors of the Company, effective April 27, 2018, taking the place of Mike Stark who has resigned. The Board thanks Mr. Stark for his 10 years of service on the Board of TransAmerican. The Officers and Board of Directors of the Company are now comprised as follows:Ron Hughes, CEO, President and...

2018-04-30 2:27 PM EDT

TransAmerican: Signed a Settlement Agreement with Government of Quebec on Anticosti project

Vancouver, British Columbia--(Newsfile Corp. - October 4, 2017) - TransAmerican Energy Inc. (TSXV: TAE.H) (FSE: YQJ) (the "Company") announces that further to its news release dated July 28, 2017, the Company has signed a settlement agreement with the Government of Quebec for $305,694 regarding the subtraction of the Territory of Anticosti Island from oil and gas exploration. In accordance with the agreement, the Company has agreed to the cessation of the hydrocarbon exploration work on the...

2017-10-04 4:42 PM EDT

TransAmerican: Compte-rendu des negociations avec le Gouvernment du Quebec dans le cadre du dossier Anticosti

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2017) - TransAmerican Energy Inc. (TSXV: TAE.H) (FSE: YQJ) tiens à informer ses actionnaires et le public en général que la compagnie conduit présentement des négociations avec le Gouvernement du Québec eut égard à l'intention du Gouvernement de retirer le territoire de l'Ile d'Anticosti des territoires ouverts à l'exploration des hydrocarbures.TransAmerican détient des droits de recherche pour les hydrocarbures à Anticosti.Dans le...

2017-07-28 6:58 PM EDT

TransAmerican: Update on Negotiations on Anticosti Project with Government of Quebec

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2017) - TransAmerican Energy Inc. (TSXV: TAE.H) (FSE: YQJ) (the "Company") announces that it is currently in negotiations with the Government of Quebec regarding the subtraction of the Territory of Anticosti Island from oil and gas exploration. The Company is a holder of rights in the area. When the Company determined its primary focus on exploration in Quebec, it holdings included multiple claims in the Saint Lawrence area, in addition...

2017-07-28 5:08 PM EDT

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