North American Oil (NAMG) 0.0013 $NAMG
North American Oil & Gas Announces Execution of Non-Binding Term Sheet for Private Placement of $2 Million
BusinessWire - Tue Jan 13, 7:30AM CST
North American Oil & Gas Corp. (the "Company" or "NAMG"
(OTCBB:NAMG) is pleased to announce that the Company executed a non-binding Term Sheet to raise $2,000,000 with a California-based fund. The Company is working with the fund to finalize the terms of the Rule 506 private placement (without registration rights) and will provide further updates in due course. The proceeds from the funding will be used to fund future acquisitions the company has identified and for working capital purposes.
North American Oil and Gas Cancels Arrangement with Beaufort
BusinessWire - Thu Jan 08, 7:30AM CST
North American Oil and Gas Corp. (the "Company" or "NAMG" (OTCBB: NAMG) has decided not to pursue the previously announced offer of finance from Beaufort Capital. As a condition to closing this facility, Beaufort required the Company to undertake an S1 Registration with the SEC. The registration process for this S1 began in April 2014, and, due to various factors, it remains outstanding. NAMG has considered various options of funding and decided to pursue the more traditional route of a 506 private placement (without registration rights). The company is in advanced discussions with various parties and will provide a further update to shareholders very shortly.
North American Oil & Gas Announces Execution of Non-Binding Term Sheet for Private Placement of $2 Million
BusinessWire - Tue Jan 13, 7:30AM CST
North American Oil & Gas Corp. (the "Company" or "NAMG"
(OTCBB:NAMG) is pleased to announce that the Company executed a non-binding Term Sheet to raise $2,000,000 with a California-based fund. The Company is working with the fund to finalize the terms of the Rule 506 private placement (without registration rights) and will provide further updates in due course. The proceeds from the funding will be used to fund future acquisitions the company has identified and for working capital purposes. North American Oil and Gas Cancels Arrangement with Beaufort
BusinessWire - Thu Jan 08, 7:30AM CST
North American Oil and Gas Corp. (the "Company" or "NAMG"
(OTCBB: NAMG) has decided not to pursue the previously announced offer of finance from Beaufort Capital. As a condition to closing this facility, Beaufort required the Company to undertake an S1 Registration with the SEC. The registration process for this S1 began in April 2014, and, due to various factors, it remains outstanding. NAMG has considered various options of funding and decided to pursue the more traditional route of a 506 private placement (without registration rights). The company is in advanced discussions with various parties and will provide a further update to shareholders very shortly. 
