Northumberland Resources Inc. Announces Funding Extension
22 March 2013 - 12:25AM
Marketwired
Northumberland Resources, Inc. (OTCQB: NHUR) is pleased to announce
that the funding commitment received in 2012 has been extended
through March of 2014. In late January 2012, Northumberland
Resources, Inc. received the first tranche of $500,000 of a
$3,000,000 financing commitment from an International Institutional
Investor. These funds were used to support continued operations and
expand the current oil production on its current leases and acquire
additional proven producing properties. Since 2011 the Company has
raised over $1.2 million dollars in cash from sales of its
securities in private offerings. These funds have been used to
expand operations and acquire additional oil leases.
About Northumberland Resources
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.
"Safe Harbor" Statement:
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 www.northumberlandresources.com under
"Investor Relations"
Contact: Peter Hewitt
info@NorthumberlandResources.com
Supernova Energy (CE) (USOTC:SPRN)
Historical Stock Chart
From Jan 2025 to Feb 2025
Supernova Energy (CE) (USOTC:SPRN)
Historical Stock Chart
From Feb 2024 to Feb 2025
Real-Time news about Supernova Energy Inc (CE) (OTCMarkets): 0 recent articles
More Northumberland Resources Inc. News Articles