Americas Energy Company (OTC Bulletin Board: AENY) and Americas Energy Company, Inc. (AECo) has announced that AECo has finished its initial financing of $1 million. The $1 million financing is part of the Definitive Agreement between the two companies, in which AENY will acquire AECo. The two companies have expanded their financing arrangement which will include an additional $8 million to complete the acquisition of other properties which include the Evans Coal Company.
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About Americas Energy Company
We are a consolidator of high quality energy properties, operating out of our main offices in Knoxville, TN. We currently operate projects in both Kentucky and Tennessee. AECo invests in energy projects throughout the Americas. We are currently evaluating several additional coal projects, as well as an oil and gas rework project in Southeastern Kentucky.
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