Northwest Oil & Gas Trading Company, Inc.
Northwest Oil & Gas Trading Company, Inc.: Vegas Capital Partners Inc. invests 10 Mill. USD in NORTHWEST OIL & GAS TRADING COMPANY, INC.
Northwest Oil & Gas Trading Company, Inc. / Key word(s): Capital Increase/Joint Venture 25.02.2011 / 15:23 Vegas Cap Partners Inc., a Nevada based Venture- and Investment-Company, akquires up to 2 Mill. shares of NWOil at a price of 5.00 USD per share (pending to the subscription rights of the existing shareholders). This means fresh money of 10 Mill. USD for NWOil. This investmentsum enables NWOil to boost and speedup its business dramatically and will be used to akquire some outstanding Oilprojects in the US and Canada. Mr. McKinney, Manager of Vegas Capital Partners, Inc, anticipates magnificiant effects with this substantial investment in NWOil. NWOil will benefit from the excellent relationship of its new joint venture partner and gets access to conspicuous new projects. Mr. Schmidt, CEO of NWOil, would like to summarize the occurences of the last days: -Investment of 10 Mill. USD of Vegas Capital Partners, Inc., Nevada, USA via capital increase. -Appointment of Mr. Guenter Schmidt as new President, Director, CEO and CFO. -Appointment of Mr. Mohamed Gheti as new Director and Attorney in Fact for South Europe, Middle East and Africa. Additional: Joint-Venture and Stock-Swap of 300,000 shares of NWOil in return for 600,000 shares of EuroTex Finanz Inc, British Virgin Islands. Additionally: Bonusdividend of 10 EuroTex-shares on each 100 NWOil-shares. The financing of 10 Mill. USD, the new appointment of the Management and the Joint-Venture with EuroTex Finanz Inc. will enable NORTHWEST OIL & GAS TRADING COMPANY, INC. to realize a lot of Goals. About Northwest Oil & Gas Trading Company, Inc.: Northwest Oil & Gas Trading Company, Inc. is a young and upcoming exploration and production company pursuing the primary goal of activating or reactivating oil- and gas-reserves. Disclaimer/Predictive statements: This notification serves only general purposes and is not meant as a tender to purchase or sell shares of Northwest Oil & Gas Trading Company, Inc. and/or EuroTex Finanz Inc.. Some statements in this notification are so-called forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These assertions are based on current expectations, estimates and forecasts as well as currently available information. The future-oriented assertions are not to be understood as guarantees of the cited prospective developments and results. The statements are not based on historical background, but rather represent predictive position statements and assumptions subject to risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements and assumptions, including, but not exclusively, certain delays beyond the control of the company with respect to the beginning and duration of exploration and production, uncertainties regarding future and/or unexpected costs, fluctuations in commodity prices, the inability or failure to obtain adequate financing on a timely basis, changes in the national and local laws, contestations of legal possession of the property, hazards effecting the environment, on-site accidents, unusual or unexpected geological formations, flooding and other natural catastrophes, the risk of inadequate insurance or the inability to conclude an insurance contract and other risks, as well as also entirely unknown risks, uncertainties and factors which could lead to situations where the actual results, financial situation, developments or performance of the company considerably deviate from those which were expressly or implicitly assumed in these statements or assumptions. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Magnolia, February 25th, 2011 Northwest Oil & Gas Trading Company, Inc End of Corporate News --------------------------------------------------------------------- 25.02.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 113568 25.02.2011
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found