Methes Energies International L (MEIL) 0.2099

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Methes Energies International L (MEIL) 0.2099 $MEIL

Methes Energies Sells Its Sombra, Ontario Facility for $4.5M USD
Marketwire Canada - Fri Jun 17, 5:00AM CDT
LAS VEGAS, NV--(Marketwired - Jun 17, 2016) - Methes Energies International Ltd. (OTC PINK: MEIL), announced today that it has closed on the sale of its biodiesel facility, including the two Denami 3000™, located in Sombra, Ontario, for $4.5M USD to BIOX Corporation ("BIOX". Over the next few months Methes, acting as consultant, will assist BIOX in restarting the facility. The sale provides Methes with the working capital required to move forward with its other lines of business.

Delisting of Securities of Perseon Corporation, THT Heat Transfer Technology, Inc., Dex Media, Inc., Methes Energies International Ltd, and KaloBios Pharmaceuticals, Inc. From The Nasdaq Stock Market
GlobeNewswire - Mon Jan 25, 3:05PM CST
The Nasdaq Stock Market announced today that it will delist the common stock and warrant of Perseon Corporation. Perseon Corporation's stock was suspended on January 19, 2016 and has not traded on Nasdaq since that time.
NDAQ: 70.87 (+0.11)

Methes Energies Receives Third Payment of $300,000 CDN$
Marketwired - Thu Aug 06, 8:00AM CDT
Methes Energies International Ltd. (NASDAQ: MEIL), announced today that it has received a third payment of $300,000 Canadian Dollars (CDN$) from Drain Bros for the sale of a Denami(TM) 600 biodiesel processor and a PP-MEC(TM) pre-treatment system which is being installed in Havelock, Ontario, Canada as previously disclosed.

Methes Energies Closes on $1.25M Registered Direct Offering
ACCESSWIRE - Mon Jul 06, 8:00AM CDT
LAS VEGAS, NV / ACCESSWIRE / July 6, 2015 / Methes Energies International Ltd. (NASDAQ: MEIL), announced that it has closed on a $1.25M registered direct placement with a small group of institutional investors. Chardan Capital Markets, LLC, acted as the sole placement agent for the transaction.

Methes Energies Enters Into Agreements for $1.25m Registered Direct Offering
ACCESSWIRE - Tue Jun 30, 8:01AM CDT
LAS VEGAS, NV / ACCESSWIRE / June 30, 2015 / Methes Energies International Ltd. (NASDAQ: MEIL), announced that it has entered into agreements with certain institutional investors for a registered direct placement of approximately $1,250,000 of common stock at a price of $0.5435 per share.

Methes Energies Successfully Extends Repayment of Mortgage for One Year
ACCESSWIRE - Wed Jun 24, 8:00AM CDT
LAS VEGAS, NV / ACCESSWIRE / June 24, 2015 / Methes Energies International Ltd. (NASDAQ: MEIL), announced today that it has secured a one year extension from its lender of the mortgage loan on its Sombra Ontario facility with a balance of $1.35M Canadian Dollars (CDN$). The initial loan was finalized in July 2013 in the amount of $1.6M CDN$ and in August 2014 the Company paid $250,000 CDN$ to reduce the amount of the loan leaving a balance of $1.35M CDN$.

Methes Energies Applauds EPA's Announcement of Increase in Required Biodiesel Use
ACCESSWIRE - Mon Jun 01, 8:01AM CDT
LAS VEGAS, NV / ACCESSWIRE / June 1, 2015 / Methes Energies International Ltd. (NASDAQ: MEIL), today commented on the announcement made last Friday by the U.S. Environmental Protection Agency (EPA) about the long-awaited proposal to establish Renewable Volume Obligation (RVO) for biodiesel as part of the Renewable Fuel Standard (RFS). The announcement calls for a large increase in RVO, compared to the EPA's initial draft in November 2013. The proposal, which is subject to public comment and possible further increase in RVO until finalized later this year, would establish the following minimum volumes for biodiesel:

Methes Energies to Offer Epoxidized Soybean Oil and Natural Polyol
ACCESSWIRE - Tue May 19, 8:01AM CDT
LAS VEGAS, NV / ACCESSWIRE / May 19, 2015 / Methes Energies International Ltd. (NASDAQ: MEIL), announced today that it will start offering, from its Sombra, Ontario facility, Epoxidized Soybean Oil ("ESO" and Natural Polyol. Both of these bio-based products help address growing global demand for the replacement of non-sustainable products, such as fossil fuel chemicals, across a wide range of industries. ESO can be used, among other things, in the production of polyvinyl chloride (PVC) plastics and Natural Polyol in the production of paints, coatings, castings as well as insulating foams. The demand for both products has been increasing steadily in recent years and now accounts for a combined market value in excess of one Billion dollars in North America.

Methes Energies Receives Second Payment of $200,000 CND$
ACCESSWIRE - Mon Apr 27, 8:00AM CDT
LAS VEGAS, NV / ACCESSWIRE / APRIL 27, 2015 / Methes Energies International Ltd. (NASDAQ: MEIL), announced today that it has received a second payment of $200,000 Canadian Dollars (CDN$) from Drain Bros for the sale of a Denami 600 biodiesel processor and a PP-MEC pre-treatment system to be installed in Havelock, Ontario, Canada as disclosed via press release on March 30th, 2015.

Methes Energies Sells A Denami 600 and PP-MEC Pre-Treatment System in Ontario, Canada
ACCESSWIRE - Mon Mar 30, 8:00AM CDT
LAS VEGAS, NV / ACCESSWIRE / March 30, 2015 / Methes Energies International Ltd. (NASDAQ:MEIL), announced today that it has received $250,000 Canadian Dollars (CDN$), as initial payment, for the sale of a Denami 600 biodiesel processor and a PP-MEC pre-treatment system to be installed in Havelock, Ontario, Canada. Additional scheduled payments are due in the near future upon shipment and installation of the equipment and the balance is due when the Denami 600 is re-commissioned and the pre-treatment system is installed at the buyer's facility.

Methes Energies Defers Filing Its Annual Report
ACCESSWIRE - Tue Mar 03, 8:00AM CST
LAS VEGAS, NV / ACCESSWIRE / March 3, 2015 / Methes Energies International Ltd. (NASDAQ:MEIL), announced today that it has deferred filing its Annual Report on Form 10-K because of several pending material transactions which it expects to consummate prior to the extended deadline for filing of this report. Consummation of one or more of these transactions would have a positive impact on the Company's performance as reflected in the subsequent event note to its financial statements.

Methes Energies Welcomes the Re-Instatement of the Biodiesel Tax Incentive Also Known as the Blenders Tax Credit
ACCESSWIRE - Mon Dec 22, 8:01AM CST
LAS VEGAS, NV / ACCESSWIRE / December 22, 2014 / Methes Energies International Ltd. (NASDAQ: MEIL), a renewable energy company that offers an array of products and services to biodiesel fuel producers, welcomes the re-instatement of the incentives for biodiesel and renewable diesel for 2014. The "Tax Increase Provision Act of 2014" (H.R. 5771) extends for one year a number of tax relief provisions that expired either at the end of 2013 or during 2014. Section 153 of H.R. 5771 deals specifically with biodiesel and makes the incentive retroactive to January 1, 2014. President Barack Obama on Friday signed into law the bill which was cleared by the Senate on December 16.

Methes Energies Provides Business and Industry Update
Marketwired - Fri Oct 17, 8:01AM CDT
Methes Energies International Ltd. (NASDAQ: MEIL), a renewable energy company that offers an array of products and services to biodiesel fuel producers, is pleased to provide a business and industry update addressing issues relating to the biodiesel industry.

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