Gravis Oil Announces Name Change to Petro River Oil and New Trading Symbol
20 3월 2013 - 6:30PM
Petro River Oil Corp., (the "Company" or "Petro
River"), (OTCPK:GRAVF) announces FINRA has accepted the name change
of Gravis Oil Corporation to "Petro River Oil Corp.", and a change
of trading symbol from GRAVF to PTRC. The name change and symbol
change will be effective with FINRA and on the Pink Sheets at the
commencement of trading today.
Additionally, as the Company reported on Form 6-K, filed with
SEC on July 29, 2012, the Company entered into a non-binding letter
of intent with Petro River Oil, LLC, a privately held Delaware
limited liability company ("Petro LLC"), that would result in the
Company issuing shares to acquire Petro LLC. The transaction was
suspended until the Alberta and British Columbia regulators removed
the Cease Trade Orders imposed upon the Company for late
filing. Those orders were rescinded last week. All
parties are working diligently to complete the acquisition in a
timely manner.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute
forward-looking statements. Forward-looking statements include
statements concerning plans, objectives, goals, strategies, future
events or performance, and underlying assumptions and other
statements, which are other than statements of historical facts.
The words "believe," "anticipate," "intend," "estimate,"
"forecast," "project," "plan," "potential," "will," "may,"
"should," "expect," "pending" and similar expressions identify
forward-looking statements. The forward-looking statements in this
press release are based upon various assumptions, which are
inherently subject to significant uncertainties and contingencies
which are difficult or impossible to predict and are beyond our
control, we cannot assure you that we will achieve or accomplish
these expectations, beliefs or projections.
On behalf of the Board of
Directors |
1980 Post Oak Blvd. |
Jeffrey Freedman, Interim
CEO and CFO |
Suite 2020 |
Petro River Oil Corp. |
Houston, Texas 77056 |
CONTACT: Call: 877-235-9230
Or email Info@gravisoil.com
Petro River Oil (CE) (USOTC:PTRC)
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Petro River Oil (CE) (USOTC:PTRC)
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