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North American Oil & Gas Corp. Details Loan Conversion

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February 4, 2014

ASPS Energy Investments Ltd., which is managed by Robert Rosenthal, the president and CEO of North American Oil & Gas Corp. (OTC: NAMG), will convert its loan into common shares of North American Oil & Gas, the company said Feb. 3, adding that Rosenthal increased his shareholding in the company.

North American Oil & Gas entered into a $50,000 loan with ASPS on Sept. 7, 2012, the company said. The interest rate was 3%, the company added. ASPS will convert the loan and interest to date, which totals $52,153.49, into ...

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