American Natural Energy Corporation Announces Capital Raise and Closing of Financing Agreement
02 2월 2012 - 7:10AM
PR Newswire (Canada)
TULSA, OK, Feb. 1, 2012 /CNW/ - American Natural Energy Corporation
("ANEC") announced that it intends to seek to raise additional
capital, subject to TSX Venture Exchange approval. The terms of
such transaction will involve the sale of up to 10 million Units
consisting of 1 share of ANEC's Common Stock at a price of USD$0.10
per share and 1 warrant for the purchase of 1 share of ANEC's
common stock exercisable at USD $0.20 per share for total proceeds
of up to $1.0 million. If completed, such a transaction will result
in dilution to the present holders of ANEC's Common Stock. The
offer and sale of such securities by ANEC to the subscribers has
not been and will not be registered under the U.S. Securities Act
of 1933, as amended (the "Act"), and such securities may not be
offered or sold in the United States absent registration under the
Act or an available exemption from the registration requirements.
Such offer and sale of its securities is intended to be made
pursuant to the exemption from the registration requirements of the
U.S. Securities Act afforded by Regulation D and in reliance upon
Regulation S under that Act and will result in the issuance of
"restricted securities" as defined in Rule 144 under the Act. There
can be no assurance that ANEC will be successful in raising the
additional capital through the sale of its Common Stock. The
additional capital will supplement the first tranche of $1 million
provided for under the terms of the previously announced drilling
fund term sheet. The first tranche of $1 million available under
that financing closed and was funded today. The capital raise and
drilling financing are for the development of ANEC's proven oil
reserves. In connection with the transaction, ANEC issued 1.76
million shares of common stock of the Corporation to the investor
in respect of investment banking services. The shares of common
stock were acquired relying on the prospectus exemption under
British Columbia securities laws contained in BC Instrument 72-503.
As a result of the acquisition of shares, the investor owns and
controls common stock of ANEC, representing approximately 11% of
the issued and outstanding shares of common stock of ANEC. The
shares of common stock were acquired for investment purposes in
connection with the debenture transaction and the investor has no
present intention to acquire ownership of or control over
additional securities of ANEC. ANEC was represented by Crucible
Capital Group, Inc., Member FINRA/SIPC, in the transaction. ANEC is
a Tulsa, Oklahoma based independent exploration and production
company with operations in St. Charles Parish, Louisiana. For
further information please contact Michael Paulk, CEO at
918-481-1440 or Steven P. Ensz, CFO at 281-367-5588. Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. This Press Release may contain statements which constitute
forward-looking statements within the meaning of the US Private
Securities Litigation Reform Act of 1995, including statements
regarding the plans, intentions, beliefs and current expectations
of ANEC, its directors, or its officers with respect to the future
business, well drilling and operating activities and performance of
ANEC. Forward-looking statements also include the plans and
intentions of ANEC to offer and sell shares of its Common Stock and
its ability to complete such a transaction. Investors are cautioned
that any such forward-looking statements are not guarantees of
future performance and involve risks and uncertainties. The actual
results and outcome of events may differ materially from those in
the forward-looking statements as a result of various factors. The
levels of and fluctuations in the prices for natural gas and oil
and the demand for those commodities, the outcome of ANEC's
development and exploration activities, including the success of
its current and proposed well drilling activities and the
availability of capital to pursue those activities could affect
ANEC and its future prospects. ANEC's inability to raise additional
capital would adversely affect its ability to pursue its drilling
program and its liquidity. Important additional factors that could
cause such differences are described in ANEC's periodic reports and
other filings made with the Securities and Exchange Commission and
may be viewed at the Commission's Website at http://www.sec.gov.
SOURCE American Natural Energy Corporation American Natural Energy
Corporation CONTACT: http://www.annrg.com
Copyright
(TSXV:ANR.U)
과거 데이터 주식 차트
부터 8월(8) 2024 으로 9월(9) 2024
(TSXV:ANR.U)
과거 데이터 주식 차트
부터 9월(9) 2023 으로 9월(9) 2024