Northumberland Resources Inc. Announces Another Round of Financing
06 May 2013 - 7:32PM
Marketwired
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.
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
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