AGRISOLAR SOLUTIONS, INC. (AGSO) ANNOUNCES ENTRY INTO A MERGER AGREEMENT WITH APE TITAN NRG, INC. AND PLANS FOR OTCQB UPLISTING
October 01 2021 - 9:05AM
InvestorsHub NewsWire
AGRISOLAR SOLUTIONS, INC.
(AGSO) ANNOUNCES ENTRY INTO A MERGER AGREEMENT WITH APE TITAN NRG,
INC. AND PLANS FOR OTCQB UPLISTING
Tucson, Arizona -- October 1, 2021
-- InvestorsHub NewsWire -- Publicly-held AgriSolar Solutions,
Inc. ("AgriSolar") (OTC
Pink: AGSO) announces that it has entered into a merger
agreement with APE Titan NRG Inc., ("Titan NRG") a wholly owned
subsidiary of Titan NRG Partners LLC. ("NRG Partners"). Under
the terms of the merger, AgriSolar will be the surviving
corporation, and it will change its name to Titan NRG, Inc.
The officers will remain the same with Alex R. Majalca Jr. as the
President and Chief Executive Officer, and Henry Varga as the
Secretary/Treasurer and Chief Financial Officer of the Company.
Ginger Cunningham will be added to the Board of
Directors.
Following the merger, the surviving company will
operate as a holding company for the following subsidiaries of
Titan NRG: NRG Dynamics, APE Fuels, Vespene, and NRG Rail. The
company's post-merger operations, through its subsidiaries, will be
as a downstream energy and transportation company.
Consolidated, there are currently 20+ transports in 9 states,
retail propane serving southern AZ with 1500+ leased tanks,
wholesale purchasing and sales with Vespene, and a long-term lease
on the new 18 car rail facility in Tucson, AZ., with 1.2mm gallons
of propane/butane storage approved.
"The focus in the coming weeks will be to
streamline the operations of the merger with Titan NRG and apply
for the name and ticker symbol changes with FINRA", stated Alex
Majalca, Chief Executive Officer. "We've always had a goal of being
listed on the OTCQB, and we have retained the services of an
auditor to help us accomplish this."
AgriSolar Solutions, Inc. disclosures and
financials have been completed through the first quarter of fiscal
year 2021 and have been uploaded to the OTC website. https://www.otcmarkets.com/stock/AGSO/profile
Contact:
Alex R. Majalca Jr. President/Chief Executive
Officer
AgriSolar Solutions, Inc.
alex@titannrg.com
About Titan NRG
Inc.:
www.titannrg.com
www.twitter.com/nrgtitan
ir@titannrg.com
Statements in this press
release that are not historical fact may be deemed forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Although AgriSolar Solutions, Inc. believes
the expectations reflected in any forward-looking statements are
based on reasonable assumptions, AgriSolar Solutions, Inc is unable
to give any assurance that its expectations will be attained.
Factors that could cause actual results to differ materially from
expectations include the company's ability to identify a suitable
business model for the corporation.