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Published on 8/6/2012 in the Prospect News PIPE Daily.

American Natural Energy completes $420,000 private placement of stock

Offering of 7 million shares conducted at 20% premium to closing price

By Devika Patel

Knoxville, Tenn., Aug. 6 - American Natural Energy Corp. settled a $420,000 private placement of stock on July 31, according to an 8-K filed Monday with the Securities and Exchange Commission.

The company sold 7 million common shares at $0.06 per share, which is a 20% premium to the July 13 closing share price of $0.05.

Tulsa, Okla.-based American Natural is an oil and natural gas exploration company.

Issuer:American Natural Energy Corp.
Issue:Common shares
Amount:$420,000
Shares:7 million
Price:$0.06
Warrants:No
Settlement date:July 31
Stock symbol:OTCBB: ANRUF
Stock price:$0.05 at close July 13

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