VANCOUVER, BC, Sept. 6, 2022 /CNW/ - The following issues have been halted by IIROC:

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2022) - American Biofuels Inc. (TSXV: ABS.H) (the "Company") announces that it will be delayed in filing its audited annual financial statements and management discussion & analysis for the financial year ended April 30, 2022, and the CEO and CFO certificates, all as required by National Instrument 51-102 - Continuous Disclosure Obligations and National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings (collectively, the "Documents").

Vancouver, British Columbia--(Newsfile Corp. - August 27, 2020) - American Biofuels Inc. (TSXV: ABS.H) (the "Company") announces that it will be relying on the coordinated relief provided by the securities regulators which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators ("CSA") on March 18, 2020, with respect to the filing of its annual financial statements, management's discussion and analysis, and related officer certificates for its financial year ended April 30, 2020.

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2019) - American Biofuels Inc. (TSXV: ABS.H) ("ABS" or the "Company") and Paragon Processing, LLC ("Paragon"), a Colorado limited liability company engaged in the business of manufacturing and distributing industrial hemp products (the "Paragon Business"), announces that ABS and Paragon have entered into a business combination agreement (the "Combination Agreement"), which contemplates a reverse takeover of ABS by the members of Paragon (the "Proposed Transaction"). As presently contemplated, the Proposed Transaction will be completed by way of a series of transactions, including an amalgamation under the Business Corporations Act (British Columbia) and a statutory share exchange under the Nevada Revised Statute. The Proposed Transaction also contemplates that on closing of the Proposed Transaction ("Closing"), the common shares of ABS will be de-listed from the TSX Venture Exchange (the "TSX-V") and re-listed on the Canadian Securities Exchange (the "CSE"). The Combination Agreement was negotiated between ABS and Paragon at arm's length.

VANCOUVER, July 29, 2019 /CNW/ - The following issues have been halted by IIROC:

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2019) - American Biofuels Inc. (TSXV: ABS.H) (the "Company")  announces that Keturah Nathe has been appointed to the Board of Directors, effective March 20, 2019. Ms. Nathe has also been appointed Interim CEO and President of the Company, taking the place of Ron Hughes, who will remain a director of the Company.

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2018) -  American Biofuels Inc. (the "Company") (TSXV: ABS.H) announces that Stephen Watts has been appointed to the Board of Directors, effective October 31, 2018.

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2018) - American Biofuels Inc. (TSXV: ABS.H) (the "Company") announces that Christopher Cherry has been appointed to the Board of Directors, effective October 25, 2018, taking the place of Huitt Tracey who has resigned.

Vancouver, British Columbia--(Newsfile Corp. - October 18, 2018) - American Biofuels Inc. (TSXV: ABS.H) (the "Company"), at the request of IIROC wishes to confirm that management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2018) - American Biofuels Inc. (TSXV: ABS.H) announces that it has closed its private placement ("Financing") and shares for debt ("Debt") transactions announced in a News Release dated September 12, 2018. On October 5, 2018 the Company received acceptance from the NEX Board of the TSX Venture Exchange to close the Financing and Debt Transactions.

Vancouver, British Columbia--(Newsfile Corp. - September 12, 2018) - American Biofuels Inc. (TSXV: ABS.H) announces that it has negotiated, subject to acceptance by the TSX Venture Exchange ("TSX-V"), a private placement for gross proceeds of up to $1,450,000 (the "Financing"). Upon receipt of acceptance from the TSX-V to the Financing, the Company will issue up to 5,800,000 common shares (the "Shares") at a price of $0.25 per Share.