Renewal Fuels, Inc. (OTC: RNWF), Operating as American Fusion™, Issues Statement Regarding False Online Report of Public Offering

SOUTHLAKE, Texas, March 11, 2026 (GLOBE NEWSWIRE) — Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion™” or the “Company”), has become aware of a false report circulating on online message boards and social media platforms that incorrectly claims the Company has announced a public offering of common stock.

The Company confirms that the referenced report is false. Renewal Fuels, Inc. has not announced, authorized, or filed for any public offering of its common stock, and the Company is not currently engaged with any investment bank to conduct such an offering.

The circulating post, which appears to mimic the format of a GlobeNewswire press release, is not an official communication from the Company and did not originate from GlobeNewswire or any other authorized news distribution service used by the Company. GlobeNewswire has confirmed to the Company that it did not distribute any such press release.

Management is actively reviewing the source of the false report and is taking steps to address the matter.

Richard Hawkins, CEO of Renewal Fuels, Inc., stated, “The Company has not announced a public offering and is not conducting a dilutive capital raise. The document circulating online is fabricated and does not represent any action taken by the Company.”

The Company encourages investors, shareholders, and members of the public to rely only on official Company announcements distributed through GlobeNewswire and published on the Company’s official communication channels, and to contact the Company directly with any questions regarding corporate announcements or disclosures.

At this time, the Company does not have shares available to issue under a public offering structure and does not anticipate pursuing a dilutive offering at current market levels.

Renewal Fuels, Inc. remains fully compliant with all applicable regulatory and disclosure requirements.