Methes Energies International aims to conduct public sale of its stock

Deal raises funds for work at Sombra plant through National Securities

By Devika Patel

Knoxville, Tenn., May 20 - Methes Energies International Ltd. said it will price a public offering of common stock with a 30-day, 15% greenshoe option.

National Securities Corp. is the sole bookrunning manager.

Proceeds will be used for preparatory work to increase production capacity and for other improvements at the Sombra plant and for working capital and general corporate purposes.

Methes is a renewable energy company based in Las Vegas.

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