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Renewable Fuels

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Biox says Iss, Glass Lewis recommend co's shareholders approve plan of arrangement with principal shareholder group​

Monday, 28 Aug 2017 07:00am EDT

Aug 28 (Reuters) - Biox Corp :Biox Corp - ISS, Glass Lewis recommend co's shareholders approve plan of arrangement with its principal shareholder group​.

Magnegas announces significant continued improvement in Magnegas2 production

Monday, 31 Jul 2017 07:30am EDT

July 31 (Reuters) - Magnegas Corp :Magnegas announces significant continued improvement in Magnegas2 production from butanol feedstock.‍Company is in process of marketing and negotiating equipment sales with several potential customers in U.S. and in Europe​.

Biox enters into arrangement agreement for going private transaction

Wednesday, 5 Jul 2017 09:54pm EDT

July 5 (Reuters) - Biox Corp :Biox enters into arrangement agreement for going private transaction with its principal shareholder group and amends bridge note.Has signed definitive arrangement agreement in connection with previously announced proposed acquisition by FP Resources Limited & CFFI Ventures.Pursuant to arrangement agreement, shares would be acquired for cash consideration of $1.23 per share.Secured bridge note held by CFFI Ventures in original aggregate principal amount of US$5.22 million issued on January 1, was further amended.Note was further amended to increase amount available to biox thereunder by up to an extra $3 million & to extend maturity date from September 30 to October 31.

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