U.S. SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C. 20549

                                       FORM 10-QSB/A
(Mark One)

[X] Quarterly report under Section 13 or 15(d) of the Securities Exchange Act 
of 1934 For the quarterly period ended March 31, 1997

[  ] Transition report under Section 13 or 15(d) of the Securities Exchange 
Act of 1934 For the transition period from ___________ to ___________
 
                         Commission File Number 33-17598-NY

                                  TIREX AMERICA INC.
           (Exact Name of Small Business Issuer as Specified in its Charter)

            Delaware                                    22-2824362
     (State or other jurisdiction of                (I.R.S. Employer
     Incorporation or Organization)                identification No.)


                3767 Thimens, Ville St. Laurent, Quebec H4R lW4
                   (Address of Principal executive offices)

                                  (514) 335-0111
                 (issuer's telephone number, including area code)

            __________________________________________________________
             (Former Name, Former Address and Former Fiscal Year,
                          if Changed Since Last Report)


Check whether the issuer: (1) filed all reports required to be filed by 
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such 
shorter period that the issuer was required to file such reports) and (2) has 
been subject to such filing requirements for the past 90 days.
Yes     X     No          
     ------      --------

                      APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares outstanding of each of the issuer's classes of 
common equity: As of May 12, 1997, there were 28,794,063 shares of the 
Issuer's common stock issued and outstanding.

Transitional Small Business Disclosure Format (check one):
Yes        No    X   
    ------    -------

                                Page 1 of 3 pages
<PAGE>

                                 TIREX AMERICA INC.
                           (A DEVELOPMENT STAGE COMPANY)
                        Consolidated Statement of Operations 
                                     (Unaudited)
<TABLE>
<CAPTION>
                                               Nine Months Ended
                                                    March 31
                                          1997                    1996
<S>                                       <C>                      <C>      
Revenues                                   -                   $ 36,860

Cost of Sales                              -                      4,000
                                         -----                   ------
Gross Profit                               -                     32,860
                                         -----                   ------
General and Administrative
Expenses
Officers Salary  (Note 3, 5)            382,592                 412,500
Consulting Services                      70,771                 128,833
Professional Services                    58,761                  13,525
Rent                                      5,056                   1,500
Travel and Entertainment                 65,672                  32,794
Telephone                                 6,031                   1,195
Depreciation and Amortization             2,085                   1,035
Office Expenses                          13,599                  15,044
Miscellaneous                             2,793                     350
Franchise and other Tax                     -                       443
Bank Charges                              6,270                     318
Investor Relations                        1,794                     576
Transfer Agent                            5,009                   2,216
                                        -------                  ------
Total General and Administrative        620,433                 610,329
Expenses

Net (Loss)                             (620,433)               (577,469)

Net (Loss) Per Common Share            (    .02)                (   .03)

Weighted Average Shares of            23,907,069              19,041,095
Common Stock Outstanding
</TABLE>
See Notes to Financial Statements.
<PAGE>2

                                      SIGNATURES

     In accordance with the requirements of the Exchange Act, the registrant 
caused this report to be signed on its behalf by the undersigned thereunto 
duly authorized.

                                         TIREX AMERICA INC,


                                   By /s/ Terence C. Byrne            
                                      Terence C. Byrne, President
                                         and Treasurer



Date:   May 20, 1997               /s/ Terence C. Byrne                   
                                   Terence C. Byrne, Chief Executive
                                        and Chief Financial Officer
<PAGE>3