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American Energy Group Sells Common Shares

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May 4, 2012

WESTPORT, Conn. -- The American Energy Group Ltd. (Pink Sheets: AEGG) announced today that it has sold 875,000 Common Shares among three private investors for a cash consideration of $0.20 per share or a total consideration of $175,000 to the Company. The proceeds of the sale will be used for general and administrative operating capital and legal expenses. ...

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