CALGARY, March 26, 2012 /PRNewswire/ -Texcan Capital Inc. ("Texcan" or the "Company", Symbol: TCBN) announces today that the company is progressing with its business and soon will be releasing details about the current projects and operations. The stock of Texcan is traded on the Open Market of the Frankfurt Stock Exchange under the current symbol TCBN.
About Texcan Capital Inc.
Texcan Capital Inc. located on Tortola, British Virgin Island, is an international holding company for oil & gas projects. The company's operations are conducted through its wholly owned Canadian subsidiary Jurassic Petra Ltd Corp. in Calgary, Alberta. The shares of Texcan Capital Inc. are listed on the Open Market segment of the Frankfurt and Berlin Stock Exchanges under the trading symbol TCBN.
Cautionary Note Regarding Forward-looking Statements
Certain statements contained in this news release may constitute forward-looking information, within the meaning of Frankfurt Securities laws. Forward-looking information may relate to this news release and other matters identified in the Company's public filings, Forward-looking information and anticipated events or results and can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts and include, but are not limited in any manner to, those with respect to capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited in any manner, those disclosed in any other public filings of the Company, and include the ultimate availability and final receipt of required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, access to capital markets and other sources of financing and associated cost of funds, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime and the ultimate ability execute its business plan on economically favorable terms. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to risks and uncertainties disclosed in other Company filings and other unforeseen events or circumstances. Other than as required by law, the Company does not intend, or undertake any obligation to update any forward looking information to reflect, among other things, new information or future events. Neither the Frankfurt Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE Texcan Capital Inc.