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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
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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
Statements of Cash Flows (USD $)
12 Months Ended 76 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Cash Flows From Operating Activities      
Net loss $ (474,997) $ (692,217) $ (1,266,041)
Impairment on mineral property 130,000 610,000 740,000
Shares issued for consulting services 32,100    32,100
Amortization of financing costs 17,609    17,609
Accrued interest 1,700    1,700
Accounts payable (2,988) 12,209 10,063
Cash Flows Used by Operating Activities (296,576) (70,008) (464,569)
Cash Flows From Investing Activities      
Purchase of mineral property claims (25,000) (135,000) (160,000)
Net Cash Used by Investing Activities (25,000) (135,000) (160,000)
Cash Flows From Financing Activities      
Proceeds from related parties       54,985
Short term loan 200,000    200,000
Financing costs for short term loan (20,000)    (20,000)
Proceeds from sales of common stock 200,000 225,000 468,000
Cash Flows Provided By Financing Activities 380,000 225,000 702,985
Net Increase In Cash 58,424 19,992 78,416
Cash, beginning of period 19,992      
Cash, end of period 78,416 19,992 78,416
Supplemental Cash Flow Information      
Interest paid         
Income taxes paid         
Supplemental non-cash financing activity:      
Related party loan forgiven as additional paid in capital    (54,985) (54,985)
Accrued expense forgiven as additional paid in capital    (842) (842)
Shares issued to acquire option on mineral property 105,000 475,000 580,000
Total $ 105,000 $ 419,173 $ 524,173