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American Power Corporation (Public, OTC:AMPW) is a publicly traded, dynamic energy company based in Denver, Colorado.  American Power Corporation is a member of the Montana Mining Association, and holds approximately 29,000 acres in Judith Basin County, Montana. The estimated resources in place, based on exploration work conducted by Mobil Oil Co. (now ExxonMobil Corp.), in several independent studies, range from 172 million up to 410+ million tons of high volatility bituminous B coal.  

Their mission is to acquire near-term, large-scale coal projects that are in close proximity to national transportation links.  Since 50% of America's electricity needs are provided by coal, American Power is looking to develop their coal resources in order to support the nation's electricity generation.  In order to do so, they plan to build on their property's past production of over 1.3 million tons by continuing the exploration process.  

The need for coal is becoming more and more of necessary and of an imperative nature.  For example, The Burlington Northern Santa Fe (BNSF) railway line, which runs through their property, can be start being supplied the coal that they need through American Power Corporation.  Judging from Warren Buffets recent 34 billion investment in BNSF, a large part of America's energy remains dependent on coal.

"Every American born will need 542,968 pounds of coal in their lifetime."--mii.org

For more information, visit http://www.americanpowerco.com.

Recent News

Cohen Independent Research Group Issues a "Buy" Rating With a Target Price of $4.40 for American Power Corp.

DENVER, CO--(Marketwire - 01/04/11) - American Power Corp. (OTC.BB:AMPW -News) ("American Power" or "the Company"), an independent coal exploration company headquartered in Denver, Colorado, is pleased to announce that Cohen Independent Research Group, Inc., one of Wall Street's leading independent research firms, has issued a research report on American Power Corp. with a "buy" recommendation and a Cohen Target Price of $4.40.

To download the full report please visit Cohen Independent Research Group's website, www.cohenresearch.com or visit American Power Corp.'s website,www.americanpowerco.com

American Power Corp. Well Financed to Advance Pace Coal Project

DENVER, CO--(Marketwire - 12/13/10) - American Power Corp. (OTC.BB:AMPW -News) ("American Power" or "the Company") is pleased to provide an update on its funding activities during 2010.

In September 2010, American Power closed a financing agreement for total gross proceeds of 10 million through a 2.5-year stock issuance agreement with a European institutional investor (refer to press release dated September 14, 2010). The agreement includes a warrant component that could provide an additional 10 million to American Power over the coming years. During 2010, we received a total of 1.1 million from this institutional investor, of which 500,000 were received in virtue of this financing agreement. The Company still has 9.5 million available under this agreement, which it intends to use to fund its operations in the upcoming years.

"The funding received to date has been primarily used to kick-start the exploration and development of the Pace Coal project. This financing agreement will be key for us going forward as it provides the necessary funding to advance our flagship project, as well as to seek and acquire additional properties of merit to our portfolio," stated Al Valencia, CEO of American Power. "We continue to advance towards our ultimate goal of taking the Pace Coal project back into production, for the benefit of Montana, America and our shareholders," added Mr. Valencia.

About the Pace Coal Property
In April 2010, American Power Corp. acquired roughly 29,000 acres, which make up the Pace Coal Project. In 1979 Mobil Oil Co. (now ExxonMobil) drilled 30 holes over 14,000 of the project's acreage, and delivered 45 samples which were later sent to an independent laboratory for analysis. It was subsequently determined that both the quality and the quantity of coal on the Pace acreage was high and significant, respectively. Several independent reports were commissioned based on the development work undertaken by Mobil Oil, determining there could be in excess of 410 million tons of bituminous coal potential on the Pace acreage.