SOURCE: AER Energy Resources, Inc.

November 16, 2011 09:45 ET

AER Energy Files Current Information With OTC Markets Receives Equity Capital With Funding Commitment

SCOTTSDALE, AZ--(Marketwire - Nov 16, 2011) - AER Energy Resources, Inc. (PINKSHEETS: AERN) has filed its Quarterly Report for the period ending September 30, 2011 with OTC Markets and has been restored to Current Information status. As a result, AER has received $400,000 of equity capital and a commitment to raise additional capital from investment bankers.

Stanley F. Wilson, AER Energy Resources, Inc., President, stated, "It is encouraging to see that our efforts are attracting new equity capital. We remain committed to execute our business plan in 2012 and expect 100BOPD by the end of Q2, following closing of the numerous O&G well JV's in the works."

ABOUT AER ENERGY RESOURCES, INC.

AER Energy Resources, Inc. (www.aernenergy.com) is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to", "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.