Corporate Profile
Methes Energies International Ltd. is a renewable energy company that offers a variety of products and services to biodiesel fuel producers. Methes also offers biodiesel processors that are unique, truly compact, fully automated state-of-the-art and continuous flow that can run on a wide variety of feedstocks. Methes markets and sells biodiesel fuel produced at its showcase production facility in Mississauga, Ontario, Canada and at its 13 MGY facility in Sombra, Ontario, to customers in the U.S. and Canada, as well as providing multiple biodiesel fuel solutions to its clientele. Among its services are selling feedstock to its network of biodiesel producers, selling their biodiesel production and providing clients with proprietary software to operate and control their processors. Methes also remotely monitors the quality and characteristics of its clients' production, upgrades and repairs their processors and advises clients on adjusting their processes to use varying feedstock to improve the quality of their biodiesel.
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MEIL (Common Stock)
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10/20/16 4:00 p.m. ET
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Recent NewsMore >>
06/17/16Methes Energies Sells Its Sombra, Ontario Facility for $4.5M USD
LAS VEGAS, NV -- (Marketwired) -- 06/17/16 -- 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. Due to, amo... 
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08/06/15Methes Energies Receives Third Payment of $300,000 CDN$
LAS VEGAS, NV -- (Marketwired) -- 08/06/15 -- 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™ 600 biodiesel processor and a PP-MEC™ pre-treatment system which is being installed in Havelock, Ontario, Canada as previously disclosed. This third, of five-progress payments, was triggered by the fact that the Denami 600 has been fully installed at the client's faci... 
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07/06/15Methes Energies Closes on $1.25M Registered Direct Offering
LAS VEGAS, NV, 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. Michel G. Laporte, Chairman & CEO of Methes said, "The additional capital will allow us to get into production of Epoxidized Soybean Oil and Natural Polyol, each of which can generate meaningful sales and substantial gr... 
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06/30/15Methes Energies Enters Into Agreements For $1.25m Registered Direct Offering
LAS VEGAS, NV, 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. In addition, the Company will issue to the investors warrants to purchase an aggregate of 1,781,292 shares of common stock (approx. 77% warrant coverage). The warrants have an exercise price of $0.882 per share... 
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