SOURCE: America Resources Exploration, Inc.

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July 17, 2015 12:32 ET

America Resources Exploration to Raise up to $500,000

HOUSTON, TX--(Marketwired - July 17, 2015) - America Resources Exploration (OTCQB: AREN) ("the Company") today announced the recent execution of a subscription agreement which will provide the Company with a minimum of $150,000 and up to $500,000 in new investment capital.

The agreement provides for an immediate investment of $150,000 for 1,000,000 shares in America Resources at $0.15 per share and gives the investor subscription rights to an additional 750,000 shares at $0.20 for $150,000 and a final tranche of 800,000 shares priced at $0.25 per share for an additional $200,000.

"We are excited to grow operations and appreciate the support of investors who recognize the potential that America Resources Exploration has to offer. We expect to raise additional capital this year which will help us accelerate expansion and achieve record revenues in 2015," said Mr. Huang Yu, CEO of America Resources Exploration. "Our Company is rapidly growing and our investors recognize the value that is being produced as evidenced by the pricing of final tranche at $0.25 per share."

About American Resources Exploration, Inc.

America Resources Exploration, Inc. is an oil and gas exploration and production company focused on the acquisition of properties in areas with significant oil reserves and drilling potential. The Company's growth strategy includes the acquisition of oil fields from distressed third parties at a substantial discount to value, and development of fields whose potential has not been fully maximized. For more information investors can visit http://www.america-resources.com

Forward-Looking Statements
Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and America Resources Exploration, Inc. undertakes no obligation to update such statements.

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