Buffalo, NY 12/5/2009 2:12:30 AM
News / Business

Financing Activities for AMNP

Financing activities during the fiscal year ended July 31, 2009, provided $415,645 which is an increase of $400,520 from the $15,125 provided by financing activities during the fiscal year ended July 31, 2008.

On October 12, 2009, AMNP entered into a Share Issuance Agreement with Tobermory Holding Ltd. ("Tobermory") in which Tobermory has agreed to advance up to $6,000,000 to the Company until December 31, 2011. While it has been arranged for advances of up to $6,000,000 from Tobermory, and while AMNP has received advances for $300,000 from the date of the share issuance agreement to November 10, 2009, AMNP cannot assure that they will receive any further funds from Tobermory.

 

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American Sierra Gold Corp. is an independent gold exploration company headquartered in Reno, Nevada

 

 

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