SPRING, Texas, Nov. 19, 2013 /PRNewswire/ -- True North
Energy Corp. (OTC: TNEN)("True North") today announced that
effective June 28, 2013, a change of
control of the company occurred as Gilbert
Steedley obtained majority voting control over the company
and was appointed as Interim Chief Executive Officer and sole
director.
True North Energy Corp. is listed as current on the OTC Pink
Market and has filed OTC Pink initial disclosures as well as its
unaudited quarterly financial statements for the three months ended
July 31, 2013 and July 31, 2012 as well as its unaudited financial
statements for the years ended April 30,
2013 and April 30,
2012.
Keep up to date on True North's activities at the company's
revitalized website, www.tnencorp.com.
About True North Energy Corporation
True North Energy Corporation, incorporated in April 2004, is engaged in the acquisition,
exploration, development and production of oil and gas properties
located throughout the United
States. It holds overriding royalty interests on properties
located in Alaska and Colorado.
Recently, True North has undergone exciting changes, which
complement its core philosophy: Build an energy company by
continuously evaluating the bottom line. From bedrock to barrels:
phase projects, establish positive earnings, and move methodically
forward.
This press release may contain forward-looking statements,
including information about management's view of True North's
future expectations, plans and prospects. In particular, when used
in the preceding discussion, the words "believes," "expects,"
"intends," "plans," "anticipates," or "may," and similar
conditional expressions are intended to identify forward-looking
statements. Any statements made in this news release other than
those of historical fact, about an action, event or development,
are forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, which may cause the
results of True North, its divisions and concepts to be materially
different than those expressed or implied in such statements. The
forward-looking statements included in this press release are made
only as of the date hereof. True North cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, True North undertakes no
obligation to update these statements after the date of this
release, except as required by law, and also takes no obligation to
update or correct information prepared by third parties that are
not paid for by True North.
SOURCE True North Energy Corporation