Renewable Fuels

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Peat Resources announces management changes

Wednesday, 22 Oct 2014 04:19pm EDT

Peat Resources Ltd:Appoints Robert T. Wright as Chairman and Interim Chief Executive Officer.Says John Allen to step down as Interim CEO, to remain as a director.

Raya Group completes placement

Tuesday, 21 Oct 2014 10:04pm EDT

Raya Group:Says that it has completed Tranche 2 placement raising A$500,000, at a unit price of 1.5c per share with ASC Resources (ASC).

MagneGas Corp enters into definitive agreements for financing of $5 mln in gross proceeds

Tuesday, 21 Oct 2014 09:16am EDT

MagneGas Corp:Enters into definitive agreements with an institutional investor for a financing of $5 million in total gross proceeds.MagneGas to issue 3,000,000 shares of its common stock at a per share purchase price of $1.Offering is expected to close on or about Oct.24.Northland Capital Markets is serving as the exclusive placement agent on the transaction.Plans to use the net proceeds for general corporate purposes.

Velocys PLC announces placing approved

Friday, 17 Oct 2014 09:53am EDT

Velocys PLC:Says all resolutions put to shareholders at general meeting relating to 52 million pounds equity placing announced on Sept. 29 were passed unanimously.Following general meeting, 23,111,111 new ordinary shares have been allotted to institutional and other investors at 2.25 pounds per share, for which trading is expected to commence on Oct. 20.

China Energy Ltd updates on right of compulsory acquisition

Tuesday, 14 Oct 2014 12:00am EDT

China Energy Ltd:Says that in connection with the proposed voluntary delisting of the company from the Official List of the Singapore Exchange Securities Trading Limited pursuant to Rules 1307 and 1309 of the listing manual of the SGX-ST.And the exit offer letter issued by Lianguo International Limited to the shareholders dated Sept. 15, 2014 in connection with the exit offer made by the Offeror, to acquire all the issued ordinary shares in the capital of the company.Says that the offeror has issued a letter to the shareholders who did not accept the Exit Offer.The Letter states that as the Offeror has received acceptances pursuant to the Exit Offer for not less than 90 pct. of the total Shares.The offeror is entitled to exercise its right under Section 215(1) of the Companies Act, Chapter 50 of Singapore to compulsorily acquire, at the Exit Offer Price.Says all the shares in respect of which acceptances have not been received by it pursuant to the Exit Offer, on or after Nov. 15, 2014.Says being after the expiration of one month after the date on which a Notice to Dissenting Shareholder in the form prescribed under the Companies Act is given to Dissenting Shareholders.

Cropenergies AG comments on FY 2014/2015 outlook

Wednesday, 8 Oct 2014 01:00am EDT

Cropenergies AG:Says FY 2014/2015 EBITDA should reach a spread of 20 million to 40 million euros.Sees for FY 2014/2015 operating result between zero and minus 20 million euros.Sees for FY 2014/2015 revenues growth of 5 to 10 pct to 820 million- 860 million euros.FY 2014/2015 revenues 850.92 million euros - Thomson Reuters I/B/E/S.FY 2014/2015 EBITDA 33.40 million euros - Thomson Reuters I/B/E/S.FY 2014/2015 EBIT -4.55 million euros - Thomson Reuters I/B/E/S.

Solarvest Bioenergy Inc announces non-brokered private placement

Monday, 6 Oct 2014 07:47pm EDT

Solarvest Bioenergy Inc:Says that it has initiated non-brokered private placement of up to 2,800,000 Units priced at $0.25 for total gross proceeds of up to $700,000.Each Unit will consist of one common share and one warrant.Each warrant will be exercisable for one common share at $0.35 for a period of 18 months following closing and include acceleration clause that is triggered by a share price of $0.55 per share.Proceeds from this private placement will be used for general working capital, including but not limited to purchase and installation of production equipment and supporting systems, contract manufacturing, research.And development of Solarvest's algae and other technologies, and patenting costs.

Southern Online Bio Technologies Ltd appoints statutory auditors

Wednesday, 1 Oct 2014 07:53am EDT

Southern Online Bio Technologies Ltd:Appointed Murali & Co, chartered accountants, as statutory auditors of the company.

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