New America Energy Corp. (NECA) Enters Multi-Million Dollar Financing Agreements
New America Energy is a mineral exploration company engaged in the acquisition and development of mineral properties in the continental United States. The company currently controls approximately 5,600 acres of land in Nevada which are believed to rich in lithium brine. Lithium has been in high demand in recent years. The company today announced the signing of agreements for a non-brokered financing arrangement of up to $3 million with New York-based hedge fund, Fairhills Capital Offshore Ltd. The arrangement allows New America Energy to issue and sell up to $3 million of its common stock to Fairhills Capital. In addition,…