UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~the~~Date ~~Securities~~of ~~Exchange~~Report ~~Act~~(Date of ~~1934~~earliest event reported) November 25, 2011

Date of Report (Date of earliest event reported)

November 21, 2011

AMERICAN EAGLE ENERGY INC.

(Exact name of registrant as specified in its charter)

Nevada	333-143626	20-8642477
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

27 North 27th Street, Suite 21G

	27 North 27th Street, Suite 21-G, Billings, MT	59101
	(Address of principal executive offices)	(Zip Code)

~~Billings~~Registrant’s telephone number, ~~Montana~~including ~~59101~~area code: (406) 294-9765

(~~Address~~Former ofname ~~principal~~or ~~executive~~former ~~offices~~address, ~~including~~if ~~zip~~changed ~~code~~since last report)

~~(406)~~Check ~~294~~the appropriate box below if the Form 8-~~9765~~K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECTION 84 – ~~OTHER~~MATTERS ~~EVENTS~~RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS

Item 84.01~~. Other~~ ~~Events.~~Changes in Registrant’s Certifying Accountant

On November 2125, 2011, American Eagle Energy Inc. (the “~~AMZG~~Registrant”) ~~issued~~dismissed aKelly ~~press~~& ~~release~~Company ~~announcing~~as the ~~commencement~~Registrant’s ofprincipal ~~the~~accountant ~~final~~effective ~~steps~~on insuch ~~its~~date. The ~~merger~~report ~~with~~of ~~Eternal~~Kelly ~~Energy~~& ~~Corp.~~Company ~~(“Eternal~~on ~~Energy”). AMZG~~the ~~stockholders~~Registrant’s ~~have~~financial ~~approved~~statements for the ~~merger~~eight-month ~~and~~period ~~the~~ended ~~Securities~~December ~~and~~31, ~~Exchange~~2010 ~~Commission~~did ~~has~~not ~~declared~~contain ~~Eternal~~an ~~Energy’s~~adverse ~~Registration~~opinion ~~Statement~~or ~~effective. AMZG~~a ~~currently~~disclaimer ~~anticipates~~of ~~that~~opinion, ~~the~~was ~~merger~~not ~~will~~qualified ~~close~~or bymodified ~~early~~as ~~December~~to ~~following~~uncertainty, ~~final~~audit ~~regulatory~~scope, ~~filings~~or accounting principles. The ARegistrant ~~copy~~engaged ofHein ~~the~~& ~~press~~Associates ~~release~~LLP is(“Hein ~~furnished~~& Associates”) as ~~Exhibit~~its 99new principal accountant effective as of November 28, 2011.1 The decision to ~~this~~change ~~Current~~accountants ~~Report~~was onrecommended ~~Form~~and ~~8-K~~approved by the Registrant’s Board of Directors.

AtDuring the ~~closing~~eight-month ofperiod ~~the~~ended ~~merger~~December 31, ~~AMZG’s~~2010 ~~stockholders~~and ~~will~~the ~~receive~~subsequent ~~approximately~~interim ~~3.641~~period ~~shares~~through November 25, 2011, the date of ~~Eternal~~dismissal, ~~Energy’s~~there ~~common~~were ~~stock~~no ~~for~~disagreements ~~each~~with ~~share~~Kelly & Company on any matter of ~~AMZG~~accounting ~~common~~principles ~~stock~~or ~~that~~practices, ~~they~~financial ~~own~~statement ondisclosures, ~~November~~or 28auditing scope or procedures, ~~2011. As~~which ofdisagreement(s), if not resolved to the ~~closing~~satisfaction of Kelly & Company, would have caused it to make reference to the ~~combined~~subject ~~company~~matter ~~will~~of ~~have~~the ~~approximately~~disagreement(s) 45in connection with its report,~~560,000~~ ~~shares~~nor ~~outstanding~~were there any reportable events as defined in Item 304(a)(1)(iv) of Regulation S-K.

~~When~~The ~~the~~Registrant ~~merger~~engaged ~~closes,~~Hein ~~Richard~~& ~~Findley~~Associates ~~will~~as ~~serve~~the asRegistrant’s ~~Chairman~~new independent accountant as of November 28, 2011. During the ~~Board;~~eight-month ~~Bradley~~period M.ended ~~Colby~~December 31, as2010 ~~President,~~and ~~Chief~~the ~~Executive~~subsequent ~~Officer~~interim period through November 25, ~~Treasurer~~2011, ~~and~~neither ~~Director;~~the ~~Thomas~~Registrant ~~Lantz,~~nor asanyone ~~Chief~~on ~~Operating~~the ~~Officer;~~Registrant’s ~~Paul~~behalf E.engaged ~~Rumler~~Hein & Associates regarding either the application of accounting principles to a specified transaction, aseither ~~Director~~completed ~~and~~or ~~Secretary;~~proposed, ~~John~~or ~~Anderson~~the type of audit opinion that might be rendered on the Registrant’s financial statements, asor ~~Director;~~any ~~and~~matter ~~Sean~~that ~~Mitchell~~was either the subject of a “disagreement” or a “reportable event,” both as ~~Director~~such ofterms ~~the~~are ~~combined~~defined ~~company~~in Item 304 of Regulation S-K.

~~AMZG’s~~The ~~stockholders~~Registrant ~~should~~has ~~receive~~made athe ~~letter~~contents of ~~transmittal~~this ~~directly~~Form or8-K ~~from~~available ~~their~~to ~~brokers~~Kelly ~~that~~& ~~will~~Company ~~describe~~and ~~the~~requested ~~procedures~~it ~~for~~to ~~tendering~~furnish ~~their~~a ~~shares~~letter ofto ~~AMZG~~the Securities and ~~receiving~~Exchange ~~shares~~Commission as to whether Kelly & Company agrees or disagrees with, or wishes to clarify the Registrant’s expression of ~~common~~its ~~stock~~views. A copy of ~~the~~such ~~combined~~letter ~~company~~is attached hereto as Exhibit 16.1.

Upon the closing of the merger, the combined company will complete a 1-for-4.5 reverse stock split to reduce the number of outstanding shares of common stock to approximately 45,560,000 and will change its name to “American Eagle Energy Corporation.” At that time, the ratio of stockholdings between the companies, exclusive of any presently outstanding options, will be approximately 80% for the legacy AMZG stockholders and approximately 20% for Eternal Energy’s legacy stockholders.

The combined company’s new CUSIP number for its common stock will be 02554F102 and FINRA will issue a trading symbol for the combined company’s common stock.

The information furnished in this section of this Current Report on Form 8-K and in Exhibit 99.1 shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section; nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference to such filing.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit Description of Exhibit

Exhibit		Description of Exhibit

16.1*		Letter from Kelly & Company dated November 30, 2011.

99.1* Press Release dated November 21, 2011

___________

* Filed herewith.

SIGNATURE

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.

Date: November 21, 2011		AMERICAN EAGLE ENERGY INC.
Date: November 30, 2011	AMERICAN EAGLE ENERGY INC.
	By:	/s/ Richard Findley
		Richard Findley
		President
		President and Chief Executive Officer

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