HOUSTON--(BUSINESS WIRE)--Turner Valley Oil & Gas, Inc. (OTC:TVOG) (“Turner Valley” or “the Company”) is pleased to announce the Company’s Board Of Directors has called a special meeting of the shareholders on July 1, 2016 at 9 AM CT at its Houston offices to approve the Company’s name change to Turner Venture Group, Inc and increase TVOG’s authorized shares.
Further details and investor proxy materials will be distributed in the coming weeks. The Company is going through audit preparation and as such is actively working to complete its filing for Q1, 2016 in order to maintain its OTC Market Current Status.
The Company’s interest is in acquiring businesses that are positioned for accelerated growth through bolt on M&A and organic expansion. The Company expects to sign several new key executives to the management team to support facilitation of the closing of these M&A transactions and TVOG’s subsequent capital markets strategy.
Announcements will be made following this release to include details of the expanded management team, the Company’s new business model, Letters of Intent with financial highlights of the targeted companies.
“Turner Valley management is pleased to have reached a point where the business plan has taken shape to include an expanded direction as a business holding company. We believe through our discussions recently that we can assemble a great team of industry experts and profitable enterprises in the near term and create lasting shareholder value,” stated CEO Steve Helm.
Proxy Form: turnervalleyoilandgas.com/wp-content/uploads/2014/09/TVOG-Proxy-Form.pdf
About Turner Valley Oil & Gas, Inc.
Turner Valley Oil & Gas, Inc. (OTC:TVOG) is a holding company based out of Houston, Texas, 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 merger & acquisition candidates where cash flow can be improved through its buy, build & bolt-on model. The Company is focused on sectors including but not limited to real estate, construction, technology, environmental, energy, beverage, food service, distribution, entertainment and various other business platforms.
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.
Full Disclaimer Here: http://turnervalleyoilandgas.com/disclaimer/
OTC
Markets Profile: http://www.otcmarkets.com/stock/TVOG/profile
