UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549
______________

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  January 19, 2011

FOUR RIVERS BIOENERGY INC.
(Exact Name of Registrant as Specified in Charter)


Nevada

 

000-31091

 

980442163

(State or Other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)


14 South Molton Street, 3rd Floor

London, United Kingdom

 

W1K 5QP

(Address of Principal Executive Offices)

 

(Zip Code)


Registrant’s telephone number: (International Country Code: 44) 1642 674085


Not Applicable

(Former Name or Former Address, if Changed Since Last Report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction .2. below):


¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 2.01  Completion of Acquisition or Disposition of Assets.


On December 09, 2010, Four Rivers Bioenergy, Inc. (the “Company”), through its subsidiary, entered into a contract to sell approximately 220 acres of its 437 acre plot of land in Kentucky for total cash consideration of $1,500,000. Prior to the Closing date of January 08, 2011, the purchaser requested an extension to complete the purchase on January 18, 2011. On January 19, 2011 the sale transaction was completed and the Company has received the net proceeds of the sale which amounts to approximately $910,000, after payment of costs, land taxes and redemption of the $500,000 loan which was secured by way of mortgage against the land.






SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Dated:   January 21, 2011

FOUR RIVERS BIOENERGY INC.

 

 

 

 

 

 

 

By:

/s/ Martin Thorp

 

 

Name: Martin Thorp

 

 

Title: Chief Financial Officer