Core Resource Management Inc. (CRMI) 0.4500 $CRMI
Core Resource Management Announces Effective Date of Merger Transaction
Marketwired - Mon Dec 29, 11:45AM CST
Core Resource Management, Inc. (OTCQB: CRMI) announces the acquisition of the outstanding equity securities of Nitro Petroleum has been become effective as of December 19, 2014, pending a shareholder meeting to be conducted in January. The approximately $14 million transaction was initially announced Sept. 4, 2014. Nitro shareholders will receive 10.5 shares for every 1 share of Core common stock. Beginning in 2014, Core had over $4 million in debt with under $2 million in assets. Today, assets have grown to over $13 million and debt has fallen to around $1.5 million. Late 2014 saw the acquisition of two private companies, Royal Petroleum and White Stone Resources, and the completion of the merger with Nitro Petroleum. These acquisitions were completed almost entirely with equity, keeping debt contained at the most efficient levels to operate and thrive in these current market conditions.
Core Resource Management Acquires Working Interests in Oklahoma Oil and Gas Properties in All Equity Deal
Marketwired - Fri Dec 12, 5:54PM CST
The Mission of Core Resource Management, Inc. (OTCQB: CRMI) ("Core" or the "Company"
to acquire and manage proven-producing wells and assets has been advanced once again. Just after assisting Nitro Petroleum, Inc. with the filing of a preliminary information statement with the SEC regarding Core's pending acquisition of Nitro, James Clark and Phillip Nuciola III have announced the acquisition by Core of several property interests from White Stone Resources, LP (White Stone) and Royal Energy Resources, Inc. (Royal). With the team of James Clark, CEO and Board Chairman Phillip Nuciola III, Core acquired the oil and gas assets of both White Stone and Royal in exchange for common stock equity of Core. The definitive Purchase and Sale Agreement was executed on December 12, 2014.
Core Resource Management Agrees to Acquire Working Interests in Oklahoma Oil and Gas Properties in All-Equity Deals
Marketwired - Mon Nov 24, 12:25PM CST
The Mission of Core Resource Management, Inc. (OTCQB: CRMI) ("Core" or the "Company" to acquire and manage proven-producing wells and assets has been advanced once again. Just after assisting Nitro Petroleum, Inc. (NTRO) with the filing of a preliminary information statement with the SEC regarding Core's pending acquisition of Nitro, James Clark and Phillip Nuciola III have announced the pending acquisition by Core of several property interests from White Stone Resources, LP (White Stone) and Royal Energy Resources, Inc. (Royal). With the team of James Clark, CEO and Board Chairman Phillip Nuciola III, Core will acquire the oil and gas assets of both White Stone and Royal in exchange for equity of Core.
Core Resource Management, Inc. and Nitro Petroleum, Inc. Enter Into Definitive Agreement and Plan of Merger
Marketwire - Wed Sep 03, 6:56PM CDT
Core Resource Management, Inc. (OTCQB: CRMI) ("Core" and Nitro Petroleum, Inc. (OTCQB: NTRO) ("Nitro" announced today that the two companies, together with Core Resource Management Holding Co. ("CRMI-H", a wholly-owned subsidiary of Core, have entered into an Agreement and Plan of Merger (the "Merger Agreement" (dated August 28, 2014), pursuant to which, subject to the satisfaction or waiver of certain conditions, CRMI-H will merge with and into Nitro (the "Merger", with Nitro becoming a wholly-owned subsidiary of Core.
TransCoastal Chooses First Three PUD Locations as Core Resources Funds Joint Venture
PR Newswire - Thu Aug 14, 2:38PM CDT
TransCoastal Corporation (OTCQB: TCEC), ("TransCoastal", an independent energy development company, announced today that they, on behalf of the joint venture with Core Resource Management Inc. ("Core" have chosen the first three well locations and the joint venture has received Core's capital contribution in the amount of $1,425,000 which has provided sufficient working capital to drill and complete the first three wells.
Nitro Petroleum to Be Acquired by Core Resource Management, Inc. in an All-Stock Deal
Marketwire - Mon Aug 11, 12:08PM CDT
Nitro Petroleum, Inc. (OTCQB: NTRO) ("Nitro" (www.nitro-petroleum.com) ; Nitro Petroleum is a Oklahoma based oil & gas drilling and production company, that holds undervalued drilling prospects in the mid-continent region of the United States. Nitro focuses heavily on creating both growth and value through developmental drilling and carefully screened mineral "plays" located in proven undeveloped or overlooked fields.
Core Resource Management, Inc. Enters Into a Preliminary Agreement to Acquire Nitro Petroleum in an All-Stock Deal
Marketwire - Fri Aug 08, 5:27AM CDT
Core Resource Management, Inc. (OTCQB: CRMI) ("Core" (www.coreresource.net) ; Core Resource Management is a Phoenix-based oil & gas company engaged in the acquisition of existing oil & gas production in partnership with established oil & gas operators in Texas and the Southwest.
Core Resource Management, Inc. Enters Into an Agreement With TransCoastal Corp. to Drill Ten Wells in Pampa, Texas Acreage
Marketwire - Mon Aug 04, 12:40PM CDT
Core Resource Management, Inc. (OTCQB: CRMI) ("Core" (www.coreresource.net) -- Core Resource Management is a Phoenix-based oil & gas company engaged in the acquisition of oil & gas assets in conjunction with established oil & gas operators, primarily in Texas and the Southwest.
TransCoastal Corp. Enters into Agreement to Drill 10 Wells in Core Area
PR Newswire - Thu Jul 31, 3:23PM CDT
TransCoastal Corp (OTCQB: TCEC), ("TransCoastal", an independent energy development company, announced today that it has entered into a joint venture agreement with Core Resource Management Incorporated (OTC: CRMI), ("CRMI", to drill up to 10 wells on TransCoastal's Pampa, Texas acreage.
Core Resource Management Announces New Director and Chairman
Marketwire - Mon Jun 30, 11:54PM CDT
Core Resource Management, Inc. (PINKSHEETS: CRMI), (www.coreresource.net), announces the appointment of Phillip M. Nuciola to its Board of Directors and his appointment as Chairman of the Board.
Core Resource Management Announces Effective Date of Merger Transaction
Marketwired - Mon Dec 29, 11:45AM CST
Core Resource Management, Inc. (OTCQB: CRMI) announces the acquisition of the outstanding equity securities of Nitro Petroleum has been become effective as of December 19, 2014, pending a shareholder meeting to be conducted in January. The approximately $14 million transaction was initially announced Sept. 4, 2014. Nitro shareholders will receive 10.5 shares for every 1 share of Core common stock. Beginning in 2014, Core had over $4 million in debt with under $2 million in assets. Today, assets have grown to over $13 million and debt has fallen to around $1.5 million. Late 2014 saw the acquisition of two private companies, Royal Petroleum and White Stone Resources, and the completion of the merger with Nitro Petroleum. These acquisitions were completed almost entirely with equity, keeping debt contained at the most efficient levels to operate and thrive in these current market conditions.
Core Resource Management Acquires Working Interests in Oklahoma Oil and Gas Properties in All Equity Deal
Marketwired - Fri Dec 12, 5:54PM CST
The Mission of Core Resource Management, Inc. (OTCQB: CRMI) ("Core" or the "Company"
to acquire and manage proven-producing wells and assets has been advanced once again. Just after assisting Nitro Petroleum, Inc. with the filing of a preliminary information statement with the SEC regarding Core's pending acquisition of Nitro, James Clark and Phillip Nuciola III have announced the acquisition by Core of several property interests from White Stone Resources, LP (White Stone) and Royal Energy Resources, Inc. (Royal). With the team of James Clark, CEO and Board Chairman Phillip Nuciola III, Core acquired the oil and gas assets of both White Stone and Royal in exchange for common stock equity of Core. The definitive Purchase and Sale Agreement was executed on December 12, 2014. Core Resource Management Agrees to Acquire Working Interests in Oklahoma Oil and Gas Properties in All-Equity Deals
Marketwired - Mon Nov 24, 12:25PM CST
The Mission of Core Resource Management, Inc. (OTCQB: CRMI) ("Core" or the "Company"
to acquire and manage proven-producing wells and assets has been advanced once again. Just after assisting Nitro Petroleum, Inc. (NTRO) with the filing of a preliminary information statement with the SEC regarding Core's pending acquisition of Nitro, James Clark and Phillip Nuciola III have announced the pending acquisition by Core of several property interests from White Stone Resources, LP (White Stone) and Royal Energy Resources, Inc. (Royal). With the team of James Clark, CEO and Board Chairman Phillip Nuciola III, Core will acquire the oil and gas assets of both White Stone and Royal in exchange for equity of Core. Core Resource Management, Inc. and Nitro Petroleum, Inc. Enter Into Definitive Agreement and Plan of Merger
Marketwire - Wed Sep 03, 6:56PM CDT
Core Resource Management, Inc. (OTCQB: CRMI) ("Core"
and Nitro Petroleum, Inc. (OTCQB: NTRO) ("Nitro" announced today that the two companies, together with Core Resource Management Holding Co. ("CRMI-H", a wholly-owned subsidiary of Core, have entered into an Agreement and Plan of Merger (the "Merger Agreement" (dated August 28, 2014), pursuant to which, subject to the satisfaction or waiver of certain conditions, CRMI-H will merge with and into Nitro (the "Merger", with Nitro becoming a wholly-owned subsidiary of Core. TransCoastal Chooses First Three PUD Locations as Core Resources Funds Joint Venture
PR Newswire - Thu Aug 14, 2:38PM CDT
TransCoastal Corporation (OTCQB: TCEC), ("TransCoastal"
, an independent energy development company, announced today that they, on behalf of the joint venture with Core Resource Management Inc. ("Core" have chosen the first three well locations and the joint venture has received Core's capital contribution in the amount of $1,425,000 which has provided sufficient working capital to drill and complete the first three wells. Nitro Petroleum to Be Acquired by Core Resource Management, Inc. in an All-Stock Deal
Marketwire - Mon Aug 11, 12:08PM CDT
Nitro Petroleum, Inc. (OTCQB: NTRO) ("Nitro"
(www.nitro-petroleum.com) ; Nitro Petroleum is a Oklahoma based oil & gas drilling and production company, that holds undervalued drilling prospects in the mid-continent region of the United States. Nitro focuses heavily on creating both growth and value through developmental drilling and carefully screened mineral "plays" located in proven undeveloped or overlooked fields. Core Resource Management, Inc. Enters Into a Preliminary Agreement to Acquire Nitro Petroleum in an All-Stock Deal
Marketwire - Fri Aug 08, 5:27AM CDT
Core Resource Management, Inc. (OTCQB: CRMI) ("Core"
(www.coreresource.net) ; Core Resource Management is a Phoenix-based oil & gas company engaged in the acquisition of existing oil & gas production in partnership with established oil & gas operators in Texas and the Southwest. Core Resource Management, Inc. Enters Into an Agreement With TransCoastal Corp. to Drill Ten Wells in Pampa, Texas Acreage
Marketwire - Mon Aug 04, 12:40PM CDT
Core Resource Management, Inc. (OTCQB: CRMI) ("Core"
(www.coreresource.net) -- Core Resource Management is a Phoenix-based oil & gas company engaged in the acquisition of oil & gas assets in conjunction with established oil & gas operators, primarily in Texas and the Southwest. TransCoastal Corp. Enters into Agreement to Drill 10 Wells in Core Area
PR Newswire - Thu Jul 31, 3:23PM CDT
TransCoastal Corp (OTCQB: TCEC), ("TransCoastal"
, an independent energy development company, announced today that it has entered into a joint venture agreement with Core Resource Management Incorporated (OTC: CRMI), ("CRMI", to drill up to 10 wells on TransCoastal's Pampa, Texas acreage. Core Resource Management Announces New Director and Chairman
Marketwire - Mon Jun 30, 11:54PM CDT
Core Resource Management, Inc. (PINKSHEETS: CRMI), (www.coreresource.net), announces the appointment of Phillip M. Nuciola to its Board of Directors and his appointment as Chairman of the Board.
