North American Energy Resources, Inc. States Corporate Developments Cannot Explain Excessive Volume or Price Decline

AUSTIN, Texas, Nov. 21, 2008 (GLOBE NEWSWIRE) -- North American Energy Resources, Inc. , management stated that they are not aware of any corporate developments to account for the volume or price decline in it shares.

Forward-Looking Statements in this news release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only, and is not an offer or solicitation to buy or sell the securities.

CONTACT:  Corporate Evolutions
          Investor Relations
          (516) 482-0155
          info@corporateevolutions.com

   _   _