Business
American Energy Receives Increase in Capital Indication
American Energy Receives Increase in Capital Indication.
About this update from American Energy Partners, Inc.
[{"type":"text","content":"\n\n\n\nAmerican Energy Receives Increase in Capital Indication\n\n\n\n\n\nAmerican Energy Receives Increase in Capital Indication\nCompany has raised over $390k on Regulation A+\nPR Newswire\nALLENTOWN , Pennsylvania, February 13, 2018\n\n\n\nALLENTOWN , Pennsylvania, February 13, 2018 /PRNewswire/ --\n\nAmerican Energy Partners, Inc. (OTC: AEPT) (the \"Company\", \"American Energy\" or \"AEPT\"), a diversified energy company, today announces that it has raised over $390,000 since the qualification of the Regulation A+ in November 2017. Furthermore, GPL Ventures, LLC (\"GPL\"), a New York based equity fund has increased their indication of interest to purchase up to five million dollars ($5,000,000) of AEPT common stock. This represents a two million dollar increase from their initial interest in June 2017.\n\nAmerican Energy's Chairman & CEO, Mr. Brad Domitrovitsch states, \"The relationship with GPL has been instrumental in our ability to fund the growth of American Energy Partners.\" With the acquisition of our first engineering and services company pending around the corner, this increased interest comes at a crucial point for the execution of American Energy's business plan.\n\n\"We are very excited to add American Energy Partners to our portfolio, and are thrilled to support its growth going forward,\" said Cosmin Panait, Managing Partner of GPL Ventures.\n\nAmerican Energy Partners, Inc. (AEPT) \n\n\nAEPT and its group of companies focus on providing solutions in markets where energy production and water meet technology. Collectively, the subsidiaries are engaged in the energy sector as well as the design, construction and operation of regional water treatment facilities that serve the industrial, energy and government sectors.\n\nFor additional information, visit: American Energy Partners, Inc.\n\nSafe Harbor \n\nThis press release contains forward-looking statements, particularly as related to, among other things, the business plans of AEPT, statements relating to goals, plans and projections regarding AEPT's financial position and business strategy. The words or phrases \"would be,\" \"will allow,\" \"intends to,\" \"may result,\" \"are expected to,\" \"will continue,\" \"anticipates,\" \"expects,\" \"estimate,\" \"project,\" \"indicate,\" \"could,\" \"potentially,\" \"should,\" \"believe,\" \"think\", \...