Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change to Turner Venture Group, Inc., in the interest of keeping shareholders abreast of ongoing company events, has three items of note to inform investors about.
Regarding the ongoing audits, things have picked up rapidly since the company’s new CFO, Rick Adams, has begun his duties at Turner. There has been much progress made in completing the necessary filings, including the Form 10K and the Form 10 for uplisting, and Turner expects to have the audit process completed soon. This will allow TVOG stock to uplist to the OTCQB, which is a higher and more respected exchange, driving more interest and opportunities to attract investors. Rick Adams is quoted as saying, “It has been a pleasure to begin work at Turner. One of my first priorities upon my hiring was to finish the audits, and the team and I have gone at it full force. I can say that things are going very smoothly, and I expect them to continue to do so until the audit is completed.”
As previously identified, the company has initiated steps to address the Canadian trading restriction on trading Turner stock. A company representative was dispatched to Vancouver, British Columbia two weeks ago to help resolve the issue. Good headway was made and a clear path was laid out to regain compliance by the regulators that the Turner representative spoke to. It is expected that once the audits are done, trading on the stock can begin within a short amount of time thereafter. Please stay tuned for updates as Turner is aware that it has a number of current and potential Canadian investors who are eagerly awaiting for trading to resume.
Finally, the Bitumen Shipping website located at Bitumentankers.com is going to undergo some changes in the next few days and weeks as pages and links are posted as more information can be disseminated to the public. This will be the website for the shipping company acquisition, and will serve as a subsidiary website to Turner’s main site located at TurnerVentureGroup.com. Please check the website regularly for updates as items are added as the acquisition nears closing.
Existing shareholders and prospective investors can sign up to receive company news, announcements and investor updates at http://bitumentankers.com/signup/.
About Turner Valley Oil and Gas, Inc.
Turner Valley Oil and Gas, Inc. (pending name change to Turner Venture Group, Inc.) (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 shipping, real assets, energy, infrastructure, enterprise technology, and manufacturing 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
Turner Valley Oil And Gas, Inc. (pending name change to Turner Venture Group, Inc.)
Address: 3270 Sul Ross, Houston, TX 77098