13. SUBSEQUENT EVENTS	6 Months Ended
May 31, 2013
Subsequent Events [Abstract]
13. SUBSEQUENT EVENTS	NOTE 13 - SUBSEQUENT EVENTS The Company has performed an evaluation of subsequent events through July 12, 2013, and has determined there have been no material subsequent events requiring disclosure. On July 12, 2013, Methes Canada entered into a Term Loan Facility Agreement with 1730636 Ontario Limited (the “Agreement”) pursuant to which Methes Canada may borrow up to $1,536,000 (CDN$1,600,000) for a term of 12 months at an interest rate of 12% per annum. Under the terms of the Agreement, interest is payable monthly and outstanding principal is due at maturity. Outstanding principal would be prepayable after six months upon 30 days’ notice and payment of a penalty equal to one-month's interest. Upon closing, the facility will be collateralized by a security agreement from Methes Canada on certain of its assets and a first collateral mortgage on its real property located at Sombra, Ontario. The facility prohibits payment of debt owed by the Company to certain of its stockholders and a director during the life of the facility and contains other customary debt covenants. The proceeds from this loan will be used to repay the short-term loan of $1,446,750 (historical amount of CDN$1,500,000), as disclosed in Note 6.

13. SUBSEQUENT EVENTS

6 Months Ended

May 31, 2013

NOTE 13 - SUBSEQUENT EVENTS

The Company has performed an evaluation of subsequent events through July 12, 2013, and has determined there have been no material subsequent events requiring disclosure.

On July 12, 2013, Methes Canada entered into a Term Loan Facility Agreement with 1730636 Ontario Limited (the “Agreement”) pursuant to which Methes Canada may borrow up to $1,536,000 (CDN$1,600,000) for a term of 12 months at an interest rate of 12% per annum. Under the terms of the Agreement, interest is payable monthly and outstanding principal is due at maturity. Outstanding principal would be prepayable after six months upon 30 days’ notice and payment of a penalty equal to one-month's interest. Upon closing, the facility will be collateralized by a security agreement from Methes Canada on certain of its assets and a first collateral mortgage on its real property located at Sombra, Ontario. The facility prohibits payment of debt owed by the Company to certain of its stockholders and a director during the life of the facility and contains other customary debt covenants.

The proceeds from this loan will be used to repay the short-term loan of $1,446,750 (historical amount of CDN$1,500,000), as disclosed in Note 6.