Houston American Energy Corp.

Houston American Energy Corp. today announced it has closed the $8.5 million acquisition of a 25-acre site at the Cedar Port Industrial Park located in Baytown, Texas from TGS Cedar Port Partners . HUSA plans to construct its first plastics recycling plant at the location, transforming plastic waste into pyrolysis oil. The strategically located site will be the foundation for a U.S. innovation hub dedicated to developing [...]

Houston American Energy Corp. today announced it has secured a Convertible Note from an institutional investor for $5 million. The Company intends to use the proceeds to fund a portion of the acquisition and development of a 25-acre site at the Cedar Port Industrial Park located in Baytown, Texas. "The site at Cedar Port is in the largest rail and barge served industrial park in the United States with direct access to the [...]

Houston American Energy Corp. today announced it has secured a Common Stock Purchase Agreement with an institutional investor, establishing an equity line of credit of up to $100 million. The Company intends to use the proceeds to accelerate its growth strategy, including strategic acquisitions, scaling operations, and expanding its presence in the low-carbon fuels and chemicals sector. "This capital commitment is a [...]

In a move to strengthen its leadership following a strategic share exchange with Abundia Global Impact Group , Houston American Energy Corp. today announced the appointment of Matthew T. Henninger to its Board of Directors, effective immediately. Mr. Henninger will serve on the Audit Committee and Compensation Committees. "We are pleased to welcome Matthew to the Company's Board of Directors," said Chairman Peter Longo [...]

Houston American Energy Corp. has completed its acquisition of Abundia Global Impact Group, LLC , creating a leading company focused on converting waste plastics into high-value, drop-in low-carbon fuels and chemical products. The combined company will be led by Abundia's founder, Ed Gillespie, who will serve as Chief Executive Officer and will join the Board of Directors. This strategic acquisition leverages HUSA's [...]

Houston American Energy Corp. today announced that it has entered into a definitive agreement with an institutional investor for the purchase and sale of an aggregate of 81,629 shares of common stock at a purchase price of $14.80 per share in a registered direct offering . The aggregate gross proceeds to the Company of this offering are expected to be approximately $1.2 million, before deducting the placement agent's fees [...]

Houston American Energy Corp. today announced that it has entered into a definitive agreement with an institutional investor for the purchase and sale of an aggregate of 223,762 shares of common stock at a purchase price of $10.60 per share in a registered direct offering . The aggregate gross proceeds to the Company of this offering are expected to be approximately $2.37 million, before deducting the placement agent's [...]

Houston American Energy announced today that the Company had become aware of unusual trading activity in its common stock on the New York Stock Exchange American on June 12 and June 13, 2025. The Company is issuing this press release pursuant to Section 401 of the NYSE Company Guide. The Company has made inquiries and has been unable to determine whether corrective actions are appropriate at this time. The Company is [...]

Houston American Energy Corp. announced today that its Board of Directors approved a reverse stock split of the Company's common stock at a ratio of 1-for-10. The reverse stock split is intended to increase the market price per share of the Company's common stock and help the Company satisfy the initial listing requirements of the New York Stock Exchange American in connection with the closing of HUSA's previously [...]

Houston American Energy Corp. , today announced the results of the Company's special meeting of stockholders held virtually on April 24, 2025. At the Meeting, all of the matters put forward before the Company's stockholders for consideration and approval, as set out in the Company's definitive proxy statement dated April 11, 2025, were approved by the requisite number of votes cast at the meeting. Of most importance, the [...]