Latest American Energy New (AEGG) Headlines T
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The American Energy Group reports USD350,000 loan deal
M2 - Thu Feb 13, 7:21AM CST
US energy company The American Energy Group Ltd (Other OTC:AEGG) stated on Wednesday that it has signed a USD350,000 loan transaction with an institutional investor.
The American Energy Group, Ltd. Announces Sale of Common Shares
Filing Services Canada - Wed Feb 12, 2:50PM CST
The American Energy Group, Ltd. (AEGG - OTCQB),announced today that it has sold 1,166,167 Common Shares to two individual investors for a cash consideration of $0.15 per share or a total consideration of $175,000 to the Company. The proceeds of the sale will be used for general and administrative operating capital and legal expenses.
The American Energy Group, Ltd. Announces Loan Transaction
Filing Services Canada - Wed Feb 12, 2:45PM CST
The American Energy Group, Ltd. (AEGG - OTCQB),announced today that it has entered into a loan transaction with an institutional investor for the borrowing of $350,000. The funds will be used solely for the required cost advance required by the International Chamber of Commerce (ICC) tribunal in connection with the scheduled February 17, 2014 arbitration final hearing in which the Company's claims against Hycarbex American Energy, Inc., Hycarbex Asia Pte. Ltd. and Hydro Tur (Energy) Ltd. will be adjudicated. The terms of the loan are an eighteen month term, an interest rate of 5.0% per annum and debt reduction payments prior to maturity only out of 25% of any proceeds of hydrocarbon production received by the Company, any ICC refunds, or any lump sum settlement payments from any participant. The loan is secured by a first lien on the Company's non-producing Texas oil and gas interests. The loan also includes the issuance to the lender of 2.33 million warrants to purchase the Company's common stock at $0.15 per share for twenty four months.
The American Energy Group Ltd reports sale of 700,000 common shares
M2 - Fri Oct 18, 3:59AM CDT
Energy resource company The American Energy Group Ltd (Other OTC:AEGG) revealed on Thursday the sale of 700,000 common shares to an institutional investor
American Energy Group Ltd reports sale of common shares for USD75,000
M2 - Fri Jul 26, 4:12AM CDT
Energy resource company American Energy Group Ltd (OTCQB:AEGG) reported on Thursday the sale of its 500,000 Common Shares to two private investors for a total consideration of USD75,000.
American Energy Group Ltd reports sale of 1.19m common shares
M2 - Wed Jul 03, 3:02AM CDT
Energy company American Energy Group Ltd (OTCQB:AEGG) revealed on Tuesday the completion of the sale of 1,190,000 common shares to three private investors for a cash consideration of USD0.15 per share.
The American Energy Group Ltd divests 700,000 common shares
M2 - Wed Jan 30, 9:35AM CST
The American Energy Group Ltd (OTCQB:AEGG) reported on Tuesday the completion of the sale of 700,000 common shares to a private investor.