21 November 2008
Quadrise Fuels International plc
Notice of General Meeting and Posting of Report & Accounts
Quadrise Fuels International plc ('QFI' or 'Company'), the AIM-listed producer of emulsion fuel as a low cost substitute for heavy fuel oil for use in power generation plants and industrial diesel engines, announces that its General Meeting will be held at Parnell House, 25 Wilton Road, London SW1V 1YD at 11.00am on Thursday, 11 December 2008.
The Company's annual report and financial statements for the year ended 30 June 2008 have been posted to the shareholders together with the notice of meeting and proxy form. At the General Meeting the Company will also seek authority from shareholders to adopt new Articles of Association. The annual report and the notice of meeting together with an explanatory note to the General Meeting and the draft new Articles of Association can be downloaded from the Company's website at www.quadrisefuels.com.
The draft new Articles of Association are currently available for inspection at the offices of Bircham Dyson Bell, 50 Broadway London, SW1H 0BL. The Company will provide a brief update on its business activities following the conclusion of the formal agenda.
For additional information, please contact:
Quadrise Fuels International +44 (0) 772 537 2841
Bill Howe
Smith & Williamson Corporate Finance Limited +44 (0) 20 7131 4000
Azhic Basirov / Siobhan Sergeant
Capital MS&L +44 (0) 20 7307 5330
Penny Freer
James Madsen
www.quadrisefuels.com/
Notes to Editors
Quadrise Fuels International plc ('QFI') produces an oil-in-water emulsion fuel (MSAR®) as a low cost substitute for conventional heavy fuel oil ('HFO') for use in power generation plants and industrial diesel engines.
In manufacturing its fuels, QFI uses the least valuable elements of the oil barrel, thus providing a lower cost liquid fuel which is also competitive with natural gas.
The emulsion fuel, termed MSAR® (Multiphase Superfine Atomised Residue), has superior combustion characteristics to conventional heavy fuel oil, achieving complete carbon burn-out and producing lower NOx emissions.
Oil refiners applying the technology enjoy enhanced value realisation for their least valuable residues and the potential to avoid very heavy capital expenditure on heavy oil upgrading facilities.