American Energy Partners Inc (AEPT)

[Giantsgal22]

News out AEPT


American Energy Receives Increase in Capital Indication

Company has raised over $390k on Regulation A+

PR Newswire

ALLENTOWN , Pennsylvania, February 13, 2018

ALLENTOWN , Pennsylvania, February 13, 2018 /PRNewswire/ --

American 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.

American 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.

"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.

American Energy Partners, Inc. (AEPT)
AEPT 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.