Northumberland Resources Inc. Announces Another Round of Financing
(firmenpresse) - LAS VEGAS, NV -- (Marketwired) -- 05/06/13 -- Northumberland Resources, Inc. (OTCQB: NHUR) is to receive another draw of $300,000 against the $3,000,000 financing commitment from an international institutional investor. This brings the funding received, so far, to over 1.5 million dollars in cash from the sales of its securities in private offerings. These funds are to be used to expand the current oil production on its oil and gas leases and to drill new wells where indicated by its independent petroleum engineers.
Northumberland Resources is a fully reporting company quoted on the OTCQB under the symbol NHUR. Northumberland Resources has continued to implement a highly focused, risk-averse oil and gas exploration company with a strategy of building a substantial portfolio of oil and gas assets in the onshore United States. Additional data on the Company is available through its website at northumberlandresources.com.
Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. A complete "SAFE HARBOR: Disclosure" is listed on the Company's Website under "Investor Relations."
Peter Hewitt
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Datum: 06.05.2013 - 03:32 Uhr
Sprache: Deutsch
News-ID 1223529
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