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Mittwoch, 15.02.2017 14:05 von | Aufrufe: 104

Turner Initiates Audits To Close Acquisitions And Uplist To OTCQB With Engagement Of Firm Briggs & Veselka Co.

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PR Newswire

HOUSTON, Feb. 15, 2017 /PRNewswire/ -- Turner Valley Oil and Gas, Inc. (the "Company") (OTC:TVOG), pending name change to Turner Venture Group, Inc., is pleased to announce it has engaged the independent auditing firm Briggs & Veselka Co. as its new certifying accountant, effective immediately as per TVOG's SEC Filing 8K yesterday.

Turner reached its decision to engage Briggs & Veselka Co. after a thorough evaluation by the Company's Advisory Board and with the concurrence of the Company's Chief Executive Officer. This is a critical next step to completing the acquisition that is already being structured with Turner's investment banking partner soon to be released in subsequent announcements. Briggs & Veselka Co. will audit the Company's financial statements for the past two years, an ongoing basis, and support completion of required SEC filings necessary for uplist to the OTCQB marketplace tier.

The Company reiterates the guidance previously provided in its press release issued January 18, 2017 that it fully expects to make acquisition announcements in the very near future. The Company has executed its plan through initiating necessary SEC filings, and now is working aggressively to produce results and complete the first acquisition as planned. Updates will be announced to shareholders as they become available.

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 real assets, energy, infrastructure, hemp, enterprise technology, food and beverage, 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.


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