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EXCEL - IDEA: XBRL DOCUMENT - NEW AMERICA ENERGY CORP.Financial_Report.xls
10-K - 10-K - NEW AMERICA ENERGY CORP.form10k.htm
XML - IDEA: XBRL DOCUMENT - NEW AMERICA ENERGY CORP.R1.htm
XML - IDEA: XBRL DOCUMENT - NEW AMERICA ENERGY CORP.R6.htm
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XML - IDEA: XBRL DOCUMENT - NEW AMERICA ENERGY CORP.R11.htm
EX-31.1 - CERTIFICATION - NEW AMERICA ENERGY CORP.ex311.htm
EX-32.1 - CERTIFICATION - NEW AMERICA ENERGY CORP.ex321.htm
EX-31.2 - CERTIFICATION - NEW AMERICA ENERGY CORP.ex312.htm
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v2.4.0.6
Financing Agreement (Details Narrative) (USD $)
12 Months Ended
Aug. 31, 2012
May 25, 2012
May 01, 2012
Mar. 28, 2012
Nov. 22, 2011
Financing agreement, non-US investor          
Funds available under financing agreement         $ 1,000,000
Term of Agreement, in months         12
Number of business days within which shares to be issued under agreement         10
Close price of stock, percentage         90.00%
Number of trading days on which average share price based         5
Proceeds received under agreement 200,000        
Shares Issued under Agreement 582,133        
Investment Agreement          
Dollar value committed       3,000,000  
Term of Agreement, in months       36  
Discount applied to trading price     25.00%    
Number of trading days on which average share price based     10    
Shares under registration, orignal agreement terms     18,000,000    
Number of days following closing of agreement to file Registration Statement     21    
Number of days following closing Registration Statement must be delcared effective     120    
Assumed purchase price under agreement, per share   $ 0.04595      
Close price of stock, percentage   75.00%      
Closing price of stock   $ 0.0612      
Gross proceeds available   436,525      
Shares registered pursuant to Agreement   9,500,000      
Additional shares to register   55,788,357      
Balance of proceeds   2,563,475      
Percent stock ownership at any time, maximum   4.99%      
Loan proceeds       200,000  
Interest rate       2.00%  
Note security, shares       3,333,333  
Financing fees paid       $ 20,000