FERN - Announces Creation of Subsidiaries
Fountain Hills, AZ (June 26, 2017) Fernhill Corporation. (OTC PINK: FERN) Fernhill Corporation is pleased to announce the creation of two new wholly owned subsidiaries.
With a restructuring plan in place to help enhance shareholder value, management has taken the initiative to integrate two new wholly owned subsidiaries within the current corporate structure. These wholly owned subsidiaries offer a unique platform for the corporation to expand, diversify assets and manage risk moving forward.
The first wholly owned subsidiary, (Fern Energy Inc.) is a Nevada registered corporation that will focus on partnerships and acquisitions in the off-grid energy sector. These potential targets may include, but are not limited to: power management, storage solutions, solar generation, and bio energy.
The subsequent subsidiary (Fern Technology Inc.) is also a Nevada registered corporation that will focus on partnerships and acquisitions in the technology space. Fern Technology Inc. will exploit new innovative products or platforms while being poised for future growth.
This initial step reflects the companys commitment to create a flexible global platform for exploiting new products and or opportunities through partnerships and acquisitions. Introducing a new corporate structure will ultimately help enhance corporate value and assist in driving long-term growth within the corporation.
About Fernhill Corporation
Fernhill Corporation is a parent company that exploits new products, technologies and or opportunities. Incorporated in Nevada with operations in North America, Fernhill Corporation is focused on acquisitions and or partnerships in the energy and technology sectors.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Adam Kovacevic
adam@fernhillcorp.com
Contact:
Daniel Wong
Omnivance Advisors, Inc.
Dan@omnivanceadvisors.com
858.381.5740
This release includes additional documents. Select the link(s) below to view.
FERN Creation of Subsidiaries.pdf
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