Turner Valley Oil and Gas Inc (TVOG)

[SunshineSmiles]

No but I will take it. LOL!

On April 19, 2017 - Turner Valley Oil and Gas, Inc. has entered into an exclusive agreement for Network 1 Financial Securities, Inc. to be the Company’s Investment Banker in connection with the its efforts to secure financing and to complete its previously announced strategic merger and asset acquisition of the international bitumen tanker shipping company.

Pursuant to the Placement Agent Agreement, Turner Valley Oil and Gas, Inc. proposes to offer for sale, in a private placement up to $25,000,000.00 in the form of a 10% secured convertible preferred share to accredited investors. The conversion price will be a discount to the previous day’s closing price on their common stock with a minimum price of $1 and will convert one common share for every preferred share. Upon exercise, the investor will also have the option to buy an additional half a share, which will be converted at 60% of the common stock market value on a cash basis with low limit of $1 per share.

With the engagement of Network 1, the Company will now work to become fully SEC compliant,up-list to the OTCQB, and complete final compliance and required closing conditions to fully capitalize the Company for growth. The investment bank has a successful track record covering over 30 years in taking emerging OTC companies to larger exchanges like the NASDAQ and NYSE, and Turner has eventual plans to pursue the same path.