SPRING, Texas, Nov. 19, 2013 /PRNewswire/ -- True North Energy Corp. (OTC: TNEN)("True North") today announced that effective June 28, 2013, a change of control of the company occurred as Gilbert Steedley obtained majority voting control over the company and was appointed as Interim Chief Executive Officer and sole director.
True North Energy Corp. is listed as current on the OTC Pink Market and has filed OTC Pink initial disclosures as well as its unaudited quarterly financial statements for the three months ended July 31, 2013 and July 31, 2012 as well as its unaudited financial statements for the years ended April 30, 2013 and April 30, 2012.
Keep up to date on True North's activities at the company's revitalized website, www.tnencorp.com.
About True North Energy Corporation
True North Energy Corporation, incorporated in April 2004, is engaged in the acquisition, exploration, development and production of oil and gas properties located throughout the United States. It holds overriding royalty interests on properties located in Alaska and Colorado.
Recently, True North has undergone exciting changes, which complement its core philosophy: Build an energy company by continuously evaluating the bottom line. From bedrock to barrels: phase projects, establish positive earnings, and move methodically forward.
This press release may contain forward-looking statements, including information about management's view of True North's future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of True North, its divisions and concepts to be materially different than those expressed or implied in such statements. The forward-looking statements included in this press release are made only as of the date hereof. True North cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, True North undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by True North.
SOURCE True North Energy Corporation