Brazos International Exploration, Inc. Ends Agreement
August 23 2011 - 6:07PM
Business Wire
BRAZOS INTERNATIONAL EXPLORATION, INC. (OTCBB: BRZL), announced
today that it has ended all agreements with Renfro Energy LLC
effective August 19, 2011, and that the company will not move
forward with the acquisition of Renfro Energy, LLC.
"All contracts, letters of intent, and acquisition documents
that were signed have been cancelled as the company begins to look
in a new direction," said Mr. Samuel Weiss, President of Brazos
International Exploration Inc.
Effective August 16, 2011 James R. Renfro has resigned as a
director of Brazos International Exploration Inc. and the company
has agreed to end the services agreement that both parties entered
into on May 28, 2010. Mr. Renfro and Renfro Holdings Inc have both
agreed to transfer all 480,000,000 shares of the company's stock
received through the services agreement back to the
corporation.
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