# EDGAR Filing Document

**Accession Number:** 0000822746
**File Stem:** 0001493152-23-001349
**Filing Date:** 2023-1
**Character Count:** 12800
**Document Hash:** b2bd24de6002d46e784e6c7fd6986045
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-001349.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 0001493152-23-001349

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230113

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN NOBLE GAS, INC.
- **CENTRAL INDEX KEY:** 0000822746
- **STANDARD INDUSTRIAL CLASSIFICATION:** DRILLING OIL & GAS WELLS [1381]
- **IRS NUMBER:** 203126427
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-17204
- **FILM NUMBER:** 23527108

**BUSINESS ADDRESS:**
- **STREET 1:** 15612 COLLEGE BLVD.
- **CITY:** LENEXA
- **STATE:** KS
- **ZIP:** 66219
- **BUSINESS PHONE:** 9132325349

**MAIL ADDRESS:**
- **STREET 1:** 15612 COLLEGE BLVD.
- **CITY:** LENEXA
- **STATE:** KS
- **ZIP:** 66219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Infinity Energy Resources
- **DATE OF NAME CHANGE:** 20211014

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INFINITY ENERGY RESOURCES, INC
- **DATE OF NAME CHANGE:** 20050913

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INFINITY INC
- **DATE OF NAME CHANGE:** 19920703

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported) **January 13, 2023** (January 10, 2023)

**American Noble Gas, Inc.**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Nevada** | **000-17204** | **87-3574612** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

**15612 College Blvd.**

**Overland Park, KS 66219**

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: **(913) 948-9512**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of exchange on which registered** |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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| | |
|:---|:---|
| **Item 1.01** | **Entry into a Material Definitive Agreement.** |

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As previously disclosed on Current Reports on Form 8-K filed with the U.S. Securities and Exchange Commission on November 5, 2021, and May 19, 2022, American Noble Gas, Inc., a Nevada corporation (the "Company"), entered into two notes with institutional accredited investors (the "Investors"): one on October 30, 2021 and one on May 13, 2022.

On January 10, 2023, the Company amended each of those notes by entering into a letter agreement (the "Letter Agreement") between the Investors and the Company. The Letter Agreement modifies the terms of the notes by extending each note's respective maturity date to September 30, 2023. In consideration for the extension, the Company amended the Fixed Conversion Price (as defined in each note) to $0.10, subject to any future adjustments as provided in each of the notes.

The foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Letter Agreement, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

A copy of the Letter Agreement is attached hereto as Exhibit 10.1.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

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(d) Exhibits.

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Letter Agreement dated January 10, 2023.](ex10-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| Date: January 13, 2023 | **American Noble Gas, Inc.** | **American Noble Gas, Inc.** |
|  | By: | */s/ Stanton E. Ross* |
|  | Name: | Stanton E. Ross |
|  | Title: | Chairman, President and Chief Executive Officer |

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## Exhibit 10.1

**Exhibit 10.1**

EXECUTION COPY

American Noble Gas, Inc.

15612 College Blvd.

Lenexa, KS 66219

January 10, 2023

Re: Amendment of the Senior Unsecured Convertible Notes

Dear Sirs:

Reference is made to (a) that certain Securities Purchase Agreement (as modified from time to time, the "**Purchase Agreement**"), dated as of May 13, 2022, between the Company and the purchasers identified therein, which are the same as the three addressees listed above (collectively, the "**Investors**"), (b) the Senior Unsecured Convertible Promissory Notes (as modified from time to time, the "**Senior Unsecured Convertible Notes**"), (c) that certain Securities Purchase Agreement (as modified from time to time, the "Purchase Agreement"), dated as of October 30, 2021, between the Company and the Investors, (d) the Senior Unsecured Convertible Promissory Notes (as modified from time to time, the "**2021 Senior Unsecured Convertible Notes**") and (e) and the other transaction documents, as modified from time to time, referred to collectively, as the "**Transaction Documents**"). Capitalized terms used but not defined herein shall have the meanings given to them in the Purchase Agreement, or if not defined therein, in the Notes, or if not defined therein, in the applicable Transaction Document, in each case as of the date hereof.

This letter agreement (this "**Letter Agreement**") confirms our recent discussions about, among other matters, certain modifications to the Senior Unsecured Convertible Notes and the 2021 Senior Unsecured Convertible Notes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The
 Investors hereby agree to waive the Company's failure to satisfy each of the Senior
 Unsecured Convertibl **e** Notes and the 2021 Senior Unsecured Convertible Notes in full
 on each note's respective Maturity Date, and the Investors and the Company hereby agree
 that the Maturity Date under each of the Senior Unsecured Convertible Notes and the 2021
 Senior Unsecured Convertible Notes is hereby extended to September 30, 2023. In consideration
 therefor, the Company hereby agrees that the Fixed Conversion Price as identified on the
 facing page of each of the Senior Unsecured Convertible Notes and the 2021 Senior Unsecured
 Convertible Notes and in Section 4(b) of each of the Senior Unsecured Convertible Notes and
 2021 Senior Unsecured Convertible Notes shall be $0.10, subject to any future adjustments
 as provided in each of the Senior Unsecured Convertible Notes and the 2021 Senior Unsecured
 Convertible Notes. To be free from doubt, the Exercise Price set for in the Warrants shall
 not be modified pursuant to this Letter Agreement.

This Letter Agreement is a Transaction Document and is limited as written. As of the date first written above, each reference in the Purchase Agreement or any other applicable Transaction Document to "**this Agreement**," "**hereunder**," "**hereof**," "**herein**," or words of like import, and each reference in the other Transaction Documents to such Purchase Agreement or other Transaction Documents (including, without limitation, by means of words like "**thereunder**," "**thereof**" and words of like import), shall refer to the Purchase Agreement as modified thereby, and this Letter Agreement and the Purchase Agreement shall be read together and construed as a single agreement. The execution, delivery and effectiveness of this Letter Agreement shall not, except as expressly provided herein, (A) waive or modify any right, power or remedy under, or any other provision of, any Transaction Document or (B) commit or otherwise obligate any Purchaser to enter into or consider entering into any other amendment, waiver or modification of any Transaction Document.

All communications and notices hereunder shall be given as provided in the Transaction Documents. This Letter Agreement (a) shall be governed by and construed in accordance with the law of the State of New York, (b) is for the exclusive benefit of the parties hereto and the other Purchasers and beneficiaries of the Purchaser Agreement and, together with the other Transaction Documents, constitutes the entire agreement of such parties, superseding all prior agreements among them, with respect to the subject matter hereof, (c) may be modified, waived or assigned only in writing and only to the extent such modification, waiver or assignment would be permitted under the Transaction Documents (and any attempt to assign this Letter Agreement without such writing shall be null and void), (d) is a negotiated document, entered into freely among the parties upon advice of their own counsel, and it should not be construed against any of its drafters and (e) shall survive the satisfaction or discharge of the amounts owing under the Transaction Documents. The fact that any term or provision of this Letter Agreement is held invalid, illegal or unenforceable as to any person in any situation in any jurisdiction shall not affect the validity, enforceability or legality of the remaining terms or provisions hereof or the validity, enforceability or legality of such offending term or provision in any other situation or jurisdiction or as applied to any person.

This Letter Agreement is expressly conditioned on the following conditions precedent:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The
 Company shall file before 8:30AM New York time on January 17, 2023, a current report on Form
 8-K with the Securities and Exchange Commission disclosing the material terms of this Letter
 Agreement contemplated hereby, including such Letter Agreement as an exhibit thereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The
 Company's Board of Directors shall have approved this Letter Agreement and all undertakings
 thereto in all respects and shall provide written evidence of the same to the Investors by
 January 13, 2023;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Company
 counsel shall provide any necessary opinions to permit conversions of the Senior Unsecured
 Convertible Notes and the 2021 Senior Unsecured Convertible Notes; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) The
 Company shall have verified and confirmed with its transfer agent that there are no impediments
 to the issuance of shares as a result of this Letter Agreement:

Kindly confirm your agreement with the above by signing in the space indicated below and by PDFing a partially executed copy of this letter to the undersigned, and which may be executed in identical counterparts, each of which shall be deemed an original but all of which shall constitute one and the same agreement.

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| | |
|:---|:---|
| Very truly yours, | Very truly yours, |
| **American Noble Gas, Inc.** | **American Noble Gas, Inc.** |
| By: |  |
|  | Stanton E. Ross |
|  | CEO, President & Chairman |

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|:---|
| AGREED AND ACCEPTED: |
| By: |
| Name: |
| Title: |
| By: |
| Name: |
| Title: |

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