New Issue: American Natural Energy raises additional C$958,884 in private placement

By Sheri Kasprzak

New York, Aug. 15 - American Natural Energy Corp. has raised an additional C$958,884 in a private placement, bringing the total proceeds raised in the offering to C$1,463,200.

In the most recent closing, the company sold 7,990,697 shares at C$0.12 each.

On July 29, the company sold 4,202,636 shares at the same price.

The proceeds will be used for drilling activities and working capital.

Tulsa, Okla.-based American Natural is an oil and natural gas exploration company.

Issuer:	American Natural Energy Corp.
Issue:	Stock
Amount:	C$1,463,200
Shares:	12,193,333 (in total); 7,990,697 in the second closing, 4,202,636 in the first closing
Price:	C$0.12
Warrants:	No
Settlement date:	Aug. 15
Stock price:	C$0.14 at close Aug. 15

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