Announcement • Jul 23
New America Energy Corp. (OTCPK:NECA) completed the acquisition of Third Bench Holdings, LLC. New America Energy Corp. (OTCPK:NECA) signed a binding letter of intent to acquire Third Bench Holdings, LLC on June 21, 2021. Under the terms, In consideration for the Acquisition, the Members shall receive shares of a new series of Preferred Stock of the Company which rights and preferences, collectively, shall include: (i) conversion rights into that number of shares of common stock of the Company which shall equal Ninety Percent (90%) of the total issued and outstanding common stock of the Company as determined at the consummation of the Acquisition. Acquisition will be immediately accretive to New America Energy Corp. cash flow. At the consummation of the Acquisition (the “Closing”), the Company will consummate a bridge financing for the benefit of Holdings in an amount of (US$500,000) and such funds shall be utilized, in part, to pay for the expenses incurred in connection with the Acquisition and the Audit. Following the Closing, the Company will raise up to Ten Million dollars (US$10,000,000) by the sale of shares of equity (common stock or preferred stock) or debt of the Company (the “Initial Financing”). It is anticipated that the Initial Financing will be consummated in tranches over the twelve (12) months following the Closing.
New America Energy Corp. (OTCPK:NECA) completed the acquisition of Third Bench Holdings, LLC on July 21, 2021. Announcement • Jun 24
New America Energy Corp. (OTCPK:NECA) signed a binding letter of intent to acquire Third Bench Holdings, LLC. New America Energy Corp. (OTCPK:NECA) signed a binding letter of intent to acquire Third Bench Holdings, LLC on June 23, 2021. Acquisition will be immediately accretive to New America Energy Corp. cash flow. Announcement • May 11
New America Energy Corp. (OTCPK:NECA) signed a letter of intent to acquire Family entertainment center. New America Energy Corp. (OTCPK:NECA) signed a letter of intent to acquire Family entertainment center on May 4, 2021. In addition to acquiring the operations of the FEC, NECA will also be acquiring the physical building and surrounding land as part of the transaction. The acquisition will be immediately accretive to NECA's cash flow. 
