The American Energy Group, Ltd. Announces Sale of Common Shares
Feb 13, 2015
OTC Disclosure News Service
The American Energy Group, Ltd. (AEGG) announced today that it has sold
813,637 Common Shares to six (6) individual investors for a cash
consideration of $0.11 per share or a total consideration of $89,500 to
the Company. The proceeds of the sale will be used for general and
administrative operating capital.
This news release contains forward-looking statements, including
estimated time lines for future events. Forward-looking statements
include statements concerning plans, objectives, goals, strategies,
future events, or performance and underlying assumptions and other
statements, including potential production rates and potential reserves,
which estimates are unproven and not based upon actual production data
or historical facts. Forward-looking statements are subject to
uncertainties and risks including, but not limited to, economic
conditions, drilling risks and actual operating conditions and results,
deviation in costs of critical equipment and services, deviation in
production decline rates, the impact of competition and commodity
pricing, and domestic and foreign governmental regulation and approvals.
All forward-looking statements in this disclosure, whether made by, or
on behalf of the Company or by or on behalf of the project operator, are
expressly qualified by the above cautionary statements and any other
cautionary statements which accompany the forward-looking statements. In
addition, the Company disclaims any obligation to update forward-looking
statements to reflect events or circumstances after the date hereof.
For further information contact Pierce Onthank, President and CEO at
(203) 222-7315 or firstname.lastname@example.org.
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