EVFN Announces Acquisition of Oil and Gas Leases in South Kansas
ACCESSWIRE - Mon Aug 26, 3:36PM CDT
Hong Kong (Accesswire - August 26, 2013) - Evolution Fuels, Inc. (PINKSHEETS: EVFN) ("EVFN" or the "Company") today announced that, effective as of August 21, 2013, had acquired an assignment of oil and gas leases from Gemberry Investment Holding Group Limited. The acquisition entitles EVFN to own 100% working interest of gas and oil leases containing 97.2 acres, located in Cowley County, State of Kansas. The Company has not yet determined whether either gas or oil deposits are located on the property.
Evolution Fuel Announces New Chief Executive Officer
Marketwire - Tue Jun 04, 3:01PM CDT
Evolution Fuel, Inc. (PINKSHEETS: EVFN) (the "Company") today announced that, effective as of April 30, 2013, Tan Yuen Hing has be appointed to serve as the Chief Executive Officer of the Company. Mr. Tan currently serves as a member of the Board of Directors of the Company.
Evolution Fuels Announces Investment Banking Agreements for $15,000,000 in Acquisition Financing and $20,000,000 in a Firm Commitment Public Offering
Marketwire - Mon May 13, 4:55PM CDT
Evolution Fuels, Inc. (PINKSHEETS: EVFN) (the "Company"), announced today it has signed two investment banking agreements with a leading New York-based investment banking firm to assist in acquisition financing and public offering.
Evolution Announces Officer and Director Resignation and New Board Member
GlobeNewswire - Fri Feb 22, 7:17AM CST
Evolution Fuel, Inc (OTCBB:EVFND) (the "Company") today announced that, effective as of February 18, 2013, Chun Ka Tsun resigned as a member of the Board of Directors and as the Chief Financial Officer of the Company.
Evolution Fuels, Inc. (PINKSHEETS: EVFN) (the "Company") today announced that it has received approval from the Financial Industry Regulatory Authority ("FINRA") clearing the previously announced one-for-twenty thousand reverse stock split. According to FINRA's approval, the reverse stock split will take effect Monday, February 11, 2013 ("Effective Date"). On the Effective Date, the Company's trading symbol will change from "EVFN" to "EVFND" for approximately twenty business days after which time it will revert back to "EVFN." Upon the effectiveness of the reverse stock split, there will be approximately 4,132,113 shares of the Company's common stock issued and outstanding.
Analyzing the US Biomass & Biofuels Industry - 2012 Study Features Players such as Abengoa Bioenergy, Allegro Biodiesel and American AgFuels
M2 - Wed Feb 06, 10:36AM CST
Research and Markets (http://www.researchandmarkets.com/research/3jh26j/analyzing_the_us) has announced the addition of the "Analyzing the US Biomass & Biofuels Industry" report to their offering. The United States has been advocating the growth of biomass and biofuels as a clean source of fuel for the transportation industry. In a bid to significantly diversify transportation fuels in the country, the US government has put in place many programs and incentives that are aimed at boosting the growth of biomass power and biofuels. The section begins with an analysis of the biomass power market in the US. We begin with a definition of biomass to clearly distinguish the biomass market from the biofuels market. A technical analysis of biomass and the challenges facing this industry adds to the market profile. Cost analysis and the market outlook for this renewable energy segment completes this brief profile of the US biomass power market. Moving on, we analyze the US biofuels market. The section dealing with
Evolution Fuels Corporate Update
Marketwire - Tue Jan 08, 7:31AM CST
Evolution Fuels, Inc. (PINKSHEETS: EVFN) (the "Company") previously announced on August 29, 2012 that it has signed a definitive Agreement of Merger and Plan of Reorganization with Strong Captain Co. Ltd. The Company is pleased to announce that due-diligence continues and it is believed that the merger will be executed within reasonable timeframe. The Company also notes that, since the initial announcement, Strong Captain has also invested into a nano high performance energy saving heat dissipation coatings business as well as its original GPS businesses.