DALECO RESOURCES CORP - Recent Material Event

Item 3.01(c) Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.


On January 20, 2012, the Company received an OTCBB Delinquency Notification dated January 17, 2012 from the Financial Industry Regulatory Authority as the Company is delinquent with respect to filing its Annual Report on Form 10-K for the fiscal year ended September 30, 2011(the “Form 10-K”). A fifth character “E” was appended to the Company’s securities on January 18, 2012.


Pursuant to NASD Rule 6530, unless the Form 10-K has been received and time stamped by the SEC’s EDGAR system by 5:30 p.m. EST on February 16, 2012, the securities of the Company will not be eligible for quotation on the OTC Bulletin Board (“OTCBB”) and therefore, will be removed. The Company intends to file the Form 10-K on or before such date.


Item 9.01(d) Exhibits.






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.


Daleco Resources Corporation



Date: January 23, 2012

/s/ Richard W. Blackstone

Richard W. Blackstone, Vice President and Chief Accounting Officer