Furthermore, as Turner expands its plans into a business holding company, it is cleaning up its debt load so that any new companies coming into the Turner umbrella can do so with little to no debt, thereby allowing for a smooth and synergistic vend into TVOG, while also allowing for as little dilution as possible.
As part of the launch of these key developments, Turner has secured a PR plan to share all of the exciting events forthcoming, and will continue to communicate with investors as the company takes these positive steps in building a new company and organization.
About Turner Valley Oil & 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 merger & acquisition candidates where cash flow can be improved through its buy, build & bolt-on model.
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://turnerventuregroup.com/disclaimer/
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/turner-valley-oil-and-gas-announces-retirement-of-its-debt-obligations-300339680.html
SOURCE Turner Valley Oil and Gas, Inc.