Photo: Example Of Asphalt Plant
HOUSTON, Texas – November 24, 2017 – Website Announcement – Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change to reflect acquisition, is in the process of developing a new website for its shipping and infrastructure company at BitumenTankers.com.
Now with the deal completed, Turner wants to have the website up and fully operational as the company plans to hit the ground running in the coming weeks. Upon completion, this site will replace the current corporate website. The first version will be updated by next week and additional information will begin to be added including the following:
- The new site will list the ships in Turner’s fleet with the technical specs and other relevant ship information being featured.
- New assets under Turner’s control will be profiled as well.
- The new management coming into Turner will be spotlighted along with any other pertinent data about the company.
- In addition, the Company hopes to eventually be able to add GPS tracking of vessels and location information involving the supply chain.
Turner greatly appreciates the patience investors have shown as Turner enters a new phase of its existence by becoming fully operational shipping and fully filing company. The company is currently completing the closing process of the assets in the bitumen shipping industry via a $25 Million preferred stock placement with its investment banking partner, Network 1 Financial. This includes the transfer of assets, release of escrow funds, SEC filings, name change and appointment of management among other items.
Turner’s strategy includes a plan to expand from an initial the bitumen tanker acquisitions to up to 30 tanker ships in the next 12-18 months in addition to targeting the purchasing/leasing of import/export facilities, asphalt refineries, distribution facilities, and related businesses.
Upon successful submission of all SEC filings the Company will not need to submit additional filings to OTC Markets. It has not been determined if filings will need to be submitted in the interim but the Company’s 3rd Quarter filing will be posted to the website in the coming days regardless.
The Company announced on November 20, 2017 that the first acquisition deal has been completed and full news release announcement and SEC filings will be initiated starting next week.
About Turner Valley Oil and Gas, Inc.
Turner Valley Oil and Gas, Inc. (pending name change) (OTC:TVOG) is a business holding company with a historical focus on energy related holdings. The Company’s acquisition model is focused on finding and evaluating profitable small to mid-sized businesses as acquisition candidates where cash flow can be improved through its buy, build & bolt-on model within the real assets, energy, infrastructure, bitumen, and asphalt segments.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.
Steve Helm, CEO & Chairman
Turner Valley Oil And Gas, Inc.
Address: 3270 Sul Ross, Houston, TX 77098