AMG Bioenergy and Eco-Energy China Group Sign LOI
TSX-listed AMG Bioenergy Resources Holdings Ltd. and Eco-Energy China Group Inc. (EEC) have signed a non-binding letter of intent for the potential acquisition of EEC's 10,000 hectare jatropha plantation in Guizhou province, China, and the right to plant another 30,000 hectares of jatropha in the same area. The jatropha plant can be used to produce biodiesel. Eco-Energy China Group is a Chinese biodiesel producer. AMG Bioenergy is a TSX-listed, bio-fuel research, development and conversion company based in Singapore.