Amazing Energy Oil and Gas Co Completes Common Stock Exchange
On July 1, 2015, Amazing Energy Oil and Gas Co (OTCMKTS:AMAZ) completed the exchange of 21,215,038 restricted shares of common stock for 9,207,303 shares of common stock of Amazing Energy, Inc., a Nevada corporation.
As a result, Amazing Energy, Inc. is now a wholly owned subsidiary corporation.
The share exchange was made pursuant to the exemption from registration contained in Reg. 506(b) of the Securities Act of 1933, as amended.
Amazing Energy Oil and Gas, Co., formerly Gold Crest Mines, Inc., is in the business of exploration, development, and mining of properties containing mineral deposits. The focus of the Company’s exploration programs is at precious metals, primarily gold.
In the Kisaralik Lake area of southwest Alaska, the Company’s wholly owned subsidiary Kisa Gold Mining, Inc. As of September 30, 2014 (KGMI) controls or has interests in seven claim blocks consisting of 274 State of Alaska mining claims covering approximately 42,280 acres. The Southwest Kuskokwim Project consist of exploration properties in southwest Alaska approximately 100 miles east of the village of Bethel made up of 230 state claims and covering approximately 35,240 acres of State of Alaska-owned lands in claim groups known as the Kisa, Luna, AKO, GL, Chilly, Little Swift, Gold Creek and Gossan Valley within the Kuskokwim Mineral Belt.
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Source: http://marketdailynews.com/2015/07/08/amazing-energy-oil-and-gas-co-completes-common-stock-exchange/
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