RED TRAIL ENERGY, LLC (OTCMKTS:REGX) Files An 8-K Entry into a Material Definitive Agreement

RED TRAIL ENERGY, LLC (OTCMKTS:REGX) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry Into a Material Definitive Agreement

Effective April 26, 2017, Red Trail Energy, LLC (the “Company”) entered into an amendment to an employment agreement with the Company’s chief executive officer, Gerald Bachmeier (the “Amendment”). The Amendment extends the term of the employment agreement until December 31, 2022. Mr. Bachmeier has the option to further extend the employment agreement until December 31, 2023. The Amendment increases Mr. Bachmeier’s base salary to $215,000 for 2018 and allows for $5,000 per year increases thereafter. All of the other terms of Mr. Bachmeier’s employment agreement remain the same.

About RED TRAIL ENERGY, LLC (OTCMKTS:REGX)

Red Trail Energy, LLC is engaged in constructing, owning and operating a fuel-grade ethanol plant near Richardton, North Dakota in western North Dakota. As of September 30, 2016, the Company owned and operated a 50 million gallon annual name-plate production ethanol plant near Richardton, North Dakota. The Company’s principal products include fuel grade ethanol, distillers grains and corn oil. Ethanol is ethyl alcohol, a fuel component made primarily from corn and various other grains, which can be used as an octane enhancer in fuels; an oxygenated fuel additive for the purpose of reducing ozone and carbon monoxide vehicle emissions, and a non-petroleum-based gasoline substitute. The Company produces distillers dried grains with solubles (DDGS) and modified distillers grains with solubles (MDGS). Corn oil is used for animal feed, industrial uses and biodiesel production. The Company’s products are marketed and sold primarily within the continental United States.

RED TRAIL ENERGY, LLC (OTCMKTS:REGX) Recent Trading Information

RED TRAIL ENERGY, LLC (OTCMKTS:REGX) closed its last trading session 00.00 at 1.45 with 9,000 shares trading hands.

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