True North Energy Corp. (TNEN)

[Golden Cross]

$TNEN True North Energy Announces Appointment of Vice President

Thursday, March 5, 2020 11:30 AM
SPRING, TX / ACCESSWIRE / March 5, 2020 / True North Energy Corporation (OTC PINK:TNEN) ("True North")

Mike Simmons, CEO, is pleased to announce:

That Mr. Nicolo Bedendo', has been brought on board as Vice President. His duties will include completing feasibility studies to extend the Box 23 acquisition made late 2019 to include servicing a Fintech/Neobanking strategy in Europe. Mr. Bedendo' is a seasoned executive with an IT background and resides in Milan Italy.

Nicolo Bedendo' stated: "I am happy to accept this challenge and additionally will assemble a non-executive advisory committee to assist the Company in its growth strategy." The committee will include; Mr. Michele Antonicelli, CEO of True North's subsidiary, Box 23 Ltd, overseeing 36 employees; Mr. Stefano Scarsella a financial advisor, active in Switzerland; and Mr. Marco Bettineschi, a well-known Fund manager in Italy.

About True North Energy Corporation

Traditionally, True North Energy Corporation has engaged in the identification, acquisition and development of oil and gas properties. Through its subsidiary, TN Energy Corp, a Texas Corporation, the company holds overriding royalty interests on oil and gas properties located in Colorado and Oklahoma. True North has expanded with the acquisition of Box 23 Ltd. and its 51 % subsidiary, 3 Store Web S.r.l., which serves as the exclusive seller of SIM cards and services as authorized by Wind Tre S.P.A., owned by Hutchison Whampoa Limited, a Fortune Global 500 company. 3 StoreWeb has 36 employees.

Contact:

True North Energy Corporation
24624 I - 45 North Suite 200
Spring, TX 77386
[e-mail]
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