Buy America West Resources
Balance sheet will be looking stronger and so will the stock.
$4.5 Million Financing and Converts $5 Million in Debt to Equity
SALT LAKE CITY, UT, May 04, 2011 (MARKETWIRE via COMTEX) -- America West Resources, Inc. (OTCBB: AWSR), a domestic compliant coal producer with mining operations in Central Utah, today announced that it has closed its previously reported private placement, raising total gross proceeds of approximately $4.5 million. The terms of the private placement provided for the issuance of 4.5 million shares of common stock offered at $1.00 per share. marked improvement in our financial standing represents a critical achievement for America West and positions us well For more information, please visit www.AmericaCoal.com.
