UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
of the
SECURITIES EXCHANGE ACT OF 1934
Date of Event Requiring Report: May 8, 2003
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AMERICAN OIL & GAS INC.
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(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation or organization)
0-31547 88-0451554
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(Commission File Number) (IRS Employer Identification Number)
950 Stafford Street, Casper, Wyoming 82609
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(Address of principal executive offices)
(307) 237-7854
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(Registrant's telephone number, including area code)
Item 5. Other Events.
On May 8, 2003, American Oil & Gas, Inc. (the "Company") received $680,000
in equity financing from two (2) accredited investors. The terms of these
investments, 544,000 shares at $1.25 per share, are the same as the Company's
sale of shares in January 2003 and part of the same private placement.
Therefore, since January 2003, the Company has raised a total of $2,080,000, of
which, after expenses and fees associated with the offering, the Company has
received $1,955,200 in net proceeds. The funding is being used primarily for
acquisitions, drilling and other related costs associated with the Company's oil
and gas activities.
SIGNATURES
Pursuant to the requirement of the Securities Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated this 8th day of May, 2003.
American Oil & Gas Inc.
By: /s/ Alan Gelfand
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Alan Gelfand, Secretary
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