True North Energy Corp. through its wholly-owned subsidiary Marco Capital Ltd. became the core stakeholder of LeCrown Ltd. The new international business strategy launches LeCrown as a GLOBAL BRAND!
TNEN only has ~10MM O/S and has nothing, basically.
I could see possibly moving all oil/energy operations under one company and making the other a clean shell for an RTM, quite possibly TNEN since they have 2.5BB O/S. Plenty of shares w/ which to expand globally!!!!
Hopefully an interesting news week next week.
Need some clarification because yes, is it shoes or oil!? Both seems strange under one entity.