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Press Release Source: Native American Energy Group, Inc.


Native American Energy Group, Inc. Announces Insider Share Lockup
Friday October 6, 9:45 am ET


FOREST HILLS, N.Y.--(BUSINESS WIRE)--Native American Energy Group, Inc. (the "Company" or "NAEG") (OTC Pink Sheets: NVMG - News) announced today the execution of Share Lockup Agreements for all of its Control Shareholders, Officers, Directors and Management Team.
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The lockup agreements prevent each officer and director from selling any amount of their shares of NAEG stock for a period of 18 months. Presently, these shareholders combined own an aggregate of 895,000,000 shares of Native American Energy Group stock, representing approximately 73.1% of the current issued and outstanding shares.

Chief Financial Officer Raj Nanvaan of NAEG, stated, "We are encouraged by our recent growth and acquisitions and we, as management, are proud to have the opportunity to demonstrate our commitment and confidence in the Company's continuing growth by entering into a voluntary share lockup agreement. It is our responsibility, as the Management Team, to promote pride in ownership and be accountable to the shareholders for the Company's success. Native American Energy is committed to its expansion plan and enhancing its acquisitions, and to the further development of our oil & gas and renewable energy projects."

The Company also announced today, NAEG's IR Department has contacted Pink Sheets in order to correct any deficiencies and remove any unrelated items from the Company Profile on their website. Pinks Sheets will have these updates implemented and effective on their website within two business days, and has sent these changes to each email contact Pink Sheets has listed in its database. In an effort to keep the public aware of the Company's financial activities, NAEG wishes to inform stockholders and the investing public that there are no dramatic changes planned that would affect the current outstanding share structure. The recent forward split of the company's common stock bringing the outstanding share count to 1,224,542,418 has served to increase liquidity, giving the public greater opportunity, as the Company continues to document its progress. Shareholders are reminded that ALL corporate updates will be made solely through official press releases as and when they become available.


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