On February 19, 2013 (the "Effective Date"), Methes Energies International Ltd. (the "Company") completed a $1.7 million private placement pursuant to Regulation D of the Securities Act of 1933, as amended (the "Offering"). In the Offering, the Company sold 425,000 units to accredited investors at a purchase price of $4.00 per unit, each unit consisting of one share of common stock, $.001 par value per share, of the Company ("Common Stock"), one redeemable Class A warrant and one redeemable Class B warrant. The warrants are each exercisable to purchase one share of Common Stock at $7.50 and $10.00, respectively, and expire on October 12, 2017. Net proceeds from the offering were approximately $1.5 million, after deducting offering expenses and placement agent fees.

Paulson Investment Company, Inc., a wholly owned subsidiary of Paulson Capital Corp., acted as lead placement agent, and Barrett & Company, ViewTrade Securities Inc. and Finance 500 Inc., acted as co-placement agents.

(d) Exhibits

Exhibit
  No.                   Description

  99.1     Press Release dated February 20, 2013.



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