On December 21, 2023, American Future Fuel Corporation closed the transaction. The company amended the terms of the transaction and issued 12,777,777 units of the company at a price of CAD 0.27 per unit for the gross proceeds of CAD 3,450,000. In consideration for their services, the agents received a cash commission of CAD 179,000 and were issued an aggregate of 662,963 compensation options, with each compensation option entitling the holder to purchase common share of the Company at a price of CAD 0.27 per share until December 21, 2026.
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- American Future Fuel Corporation announced that it has received CAD 3.45 million in funding