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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001144204-10-066072.txt : 20101213
<SEC-HEADER>0001144204-10-066072.hdr.sgml : 20101213
<ACCEPTANCE-DATETIME>20101213160314
ACCESSION NUMBER:		0001144204-10-066072
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20101209
ITEM INFORMATION:		Unregistered Sales of Equity Securities
FILED AS OF DATE:		20101213
DATE AS OF CHANGE:		20101213

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NORTH AMERICAN ENERGY RESOURCES, INC.
		CENTRAL INDEX KEY:			0001392694
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS METAL ORES [1090]
		IRS NUMBER:				980550352
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-52522
		FILM NUMBER:		101247988

	BUSINESS ADDRESS:	
		STREET 1:		11005 ANDERSON MILL ROAD,
		CITY:			AUSTIN,
		STATE:			TX
		ZIP:			78750
		BUSINESS PHONE:		(512) 944-9115

	MAIL ADDRESS:	
		STREET 1:		11005 ANDERSON MILL ROAD,
		CITY:			AUSTIN,
		STATE:			TX
		ZIP:			78750

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Mar Ked Mineral Exploration, Inc.
		DATE OF NAME CHANGE:	20070312
</SEC-HEADER>
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<TYPE>8-K
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AND EXCHANGE COMMISSION</font></div>
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D.C. 20549</font></div>
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to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></div>
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2010)</font></div>
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3 - SECURITIES AND TRADING MARKETS</font></div>
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              <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">UNREGISTERED
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December 9, 2010, the Company received notices from all of its convertible note
holders to convert their convertible notes into the Company's common stock
pursuant to the convertible note agreements.&#160;&#160;Notes with total
principal in the amount of $474,358 along with accrued interest in the amount of
$81,890 were converted into 3,329,406 shares of the Company's common
stock.&#160;&#160;One note in the principal amount of $53,618 along with accrued
interest of $4,302 was contributed to the Company's capital when the holder
disclaimed an interest.</font></div>
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owned by Michael D. Pruitt, a director and Chief Executive
Officer.&#160;&#160;Avenel Financial Group received 107,201 shares.</font></div>
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of Company common stock issued and outstanding.&#160;&#160;On that date, to the
knowledge of the Company, there was one shareholder who owned beneficially more
than 5% of the Company's common stock.&#160;&#160;The table below contains
information, as of that date, regarding the beneficial ownership of that
person.&#160;&#160;Unless otherwise indicated we believe that the person listed
below has sole voting and investment power with respect to all of the shares of
common stock indicated.</font></div>
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                  <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  <td align="left" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  <td align="right" valign="bottom" width="15%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  <td align="left" nowrap valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a) The
shares beneficially owned by Mr. Pruitt include 1,992,461 shares owned by Avenel
Financial Group, Inc. (includes the newly issued 107,201 shares discussed
above), which is wholly owned by Mr. Pruitt; 700,000 shares owned by Chanticleer
Holdings, Inc. of which Mr. Pruitt is Chief Executive Officer, a director and
approximately 17% owner; and 150,000 shares owned by Avenel Ventures, LLC, which
is wholly owned by Chanticleer Holdings, Inc.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
issuance of the common stock to the convertible note holders did not involve any
public offering, and the Company relied upon the exemption from registration of
securities provided by Section 4(2) of the Securities Act of 1933, as
amended.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURES</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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.</font></div>
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    <div>&#160;</div>
    <div align="center">
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                  <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">      </font>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">NORTH
      AMERICAN ENERGY RESOURCES, INC.</font></div>
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                  <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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                  <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                </tr>
                <tr>
                  <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  <td width="50%" style="PADDING-LEFT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">      </font>
                    <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">By /s/ Michael D.
      Pruitt&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </font></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Michael
      D. Pruitt, Chief Executive Officer</font></div>
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                </tr>
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    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date:&#160;&#160;&#160;December
13, 2010</font></div>
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      </div>
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        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">-3-</font></div>
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