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$TVOG Major Acquisition news out!!

Turner Announces Acquisition of Veteran-Owned American Parking Control

February 14, 2019 (Globe Newswire)

Turner Valley Oil and Gas, Inc. (the "Company") (OTC: TVOG), a company focused on capitalizing on technology-forward American infrastructure expansion, is pleased to announce that Turner has completed an acquisition agreement with O&S Builders, Inc. dba American Parking Control ("APC"), an all-encompassing construction services company located in Houston, Texas.

HIGHLIGHTS OF THE TRANSACTION INCLUDE:

-- APC is a full service construction company in business since 1984 with over 17 employees.

-- Principal owner William O'Connor has an extensive background in regards to mega infrastructure projects with Bechtel, one of the largest private engineering and contracting companies in the world.

-- APC annual revenues for 2016 were $1,608,566.90, $2,949,008.76 for 2017, and $3,098,999.44 for 2018.

-- Revenue for 2018 was lower than anticipated due to inclement weather that delayed jobs. Much of that revenue and accounts payable will be realized in 2019.

-- Estimated run-rate for 2019 is forecasted to be $5MM and EBITDA with an average of 10% margin.

Turner CEO Steve Helm stated, "This most recent acquisition agreement with APC brings another building block to the technology forward infrastructure company we are constructing here at Turner. We could not be happier with the company and the excellent management that comes along with this transaction. This is now the third acquisition agreement that TVOG has completed and we are diligently working on adding some truly game-changing and disruptive acquisitions to the TVOG fold that we are confident the investment community will be excited about".

https://www.otcmarkets.com/stock/TVOG/overview

https://www.otcmarkets.com/filing/html?id=13220835&guid=IvhtUn3j2OxKHth

https://investorshub.advfn.com/Turner-Valley-Oil-&-Gas-Inc-TVOG-3651/

https://www.americanparkingcontrol.com/

http://TVOGInc.com