Turner Announces Completion Of Bitumen Shipping Acquisition & Placement Agreement
From the website. Title for next PR in place waiting on text!
by btadmin | Dec 6, 2017 | News | 0 comments
Pending Full News Release
Turner Finalizes Acquisition: Detailed Announcement Pending
by btadmin | Nov 20, 2017 | Acquisition, Best Penny Stock, Bitumen, Infrastructure, Network 1 Securities
HOUSTON, Texas – 11/20/2017 – (Website Release Only) Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change, is pleased to announce that Turner has finalized its phase 1 infrastructure and shipping acquisition along with the preferred stock placement to fully capitalize the transaction. A full and detailed press release of this transformative event in Turner’s corporate history will be coming following the Thanksgiving holiday.
As stated in previous press releases, Turner engaged Network 1 Securities (Network 1) to partner with the Company to acquire bitumen shipping assets and capital valued at an initial valuation of $25,000,000. This platform, agreed upon by Turner, Network 1, and a specialized group of industry consultants, has been established in order to build and expand upon an integrated infrastructure play focused on the supply chain of bitumen, also known as asphalt.
Following the initial closing announcement, subsequent events will include Turner filing a Form 10, which includes 10 K and 8 K filings with the SEC. This will allow Turner to meet the qualifications needed for Turner to be an OTCQB, fully filing company.