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Monday, April 12, 2021

#Metals/ #GreenEnergy News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Prepares Additional High-Grade Rare Earth Element Concentrate Samples For Evaluation By Leading Global Rare Earths Producers; @DefenseMetals

#Metals/ #GreenEnergy News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Prepares Additional High-Grade Rare Earth Element Concentrate Samples For Evaluation By Leading Global Rare Earths Producers; @DefenseMetals

 


News Release - Vancouver, British Columbia – April 12, 2021
: Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce that it has recently been notified by its Asian based advisor Golden Dragon Capital Limited ("GDC") that is has received requests from two leading global Rare Earth Element (REE) smelting and separator enterprises to provide samples of Wicheeda REE mineral concentrate for the purposes of evaluation prior to entering discussions with respect to the negotiation of an initial memorandum of understanding (MOU) and subsequent potential mineral concentrate offtake agreements.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/04121DEFN-Rare-Earths.asp

 

These requests represent the third and fourth REE concentrate evaluation requests received by the Company to date, and discussions are currently ongoing with several other parties.

Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1].

 

Concentrate sample requests are significant given that these rare earth smelting and separator enterprises have previously executed capital investment, in addition to REE mineral concentrate product offtake MOU agreements, with multiple international third party REE miners and explorers. 

 

Craig Taylor, CEO of Defense Metals, stated: “We have now received four requests for evaluation samples of our high-grade Wicheeda REE mineral concentrate from Asian-based REE refiners. Defense Metals believes this underscores growing international market demand for readily accessible, high-quality, North American REE products. Discussions with potential offtake partners have the potential to yield benefits through opportunities for direct project funding, technical services agreements, and access to the full downstream rare earths value chain.”

 

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.  

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forwardlooking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to potential MOU and offtake agreements for REE mineral concentrate, potential transactions with REE processors, obtaining government export permits, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, expected demand for REE products, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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[1] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

Monday, April 5, 2021

#Cleantech #Podcast news - Solar Integrated Roofing (OTC: $SIRC) Talks about Acquisition and Uplisting; @SIRCStock

#Cleantech #Podcast news - Solar Integrated Roofing (OTC: $SIRC)  Talks about Acquisition and Uplisting; @SIRCStock 

 

Phoenix, AZ, April 5, 2021 - Solar/EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC) news:   The Stock Day Podcast welcomed Solar Integrated Roofing Corp, an integrated, single-source solar power and roofing systems installation company specializing in commercial and residential properties in the Southern California market. CEO of the Company, David Massey, joined Stock Day host Everett Jolly.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/04051Solar-Integrated-Roofing-Acquisition.asp

 

Massey began the interview by elaborating on the Company’s background and current projects. “We’re a residential roofing and solar company. We are mainly focused in Southern California, but we’ve expanded over to the East Coast and we have some Southeast companies as well,” shared Massey. “We have also expanded into the EV charging network sector, and we’ve recently acquired an EV charging company and have a couple more on the radar that we’re looking at.”

 

Jolly then asked about the Company’s acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina. “We’re excited on several fronts,” said Massey. “The core team of Cornerstone Construction is top-notch; they’re led by Hunter Ballew, a leader in the industry,” he continued. “We’re excited for the expansion into the Southeast,” added Massey. “We’re also excited about the revenues. Cornerstone Construction did almost $3 million their first quarter, and they typically generate 10% of their revenue during the first quarter,” he explained. “They’re going to have an explosive year, and we’re really excited to have them onboard with SIRC.”

 

“When will those revenues start falling on your balance sheet?”, asked Jolly. “Our fiscal year for 2022 started March 1st, so all of 2022 will have the revenues from Cornerstone Construction.”

 

Jolly noted that the Company recently completed the auditing process and submitted their Form 10. “What does that mean for shareholders and when will we see an uplisting to the OTCQB?”, asked Jolly. “There is a sixty day waiting period with the SEC as they go through paperwork and the process, and they will also have to audit Cornerstone Construction as part of the process,” explained Massey. “It means that very shortly after that period of time we’re going to uplist to the OTCQB and we will be a fully reporting company.”

 

The conversation then turned to the Company’s expansion into the EV charging industry. “We’re excited to be in that market. We recently acquired a company called PLEMco, which is in Southern California,” shared Massey. “I think it’s going to be an explosive growth area for us, and we’re also looking at several other EV charging companies nationwide to acquire,” said Massey.

 

“Do you expect any challenges in the next two to three quarters that you will have to overcome?”, asked Jolly. Massey explained that the Company is currently holding announcements regarding upcoming acquisitions while their Form 10 is being processed by the SEC. “Once that quiet period is over we’re going to have a substantial amount of announcements to make about some acquisitions that we’re doing and we’re going to have a huge amount of growth this year.”

 

“After the company uplists to the OTCQB, what are your plans moving forward?”, asked Jolly. “We really hope to be on the NASDAQ this year, and we’re working with our attorney now to get those pieces into place,” said Massey. “We qualify in every aspect for going to the NASDAQ, other than our stock price. However, I think with the acquisitions that we’re doing and the revenue that we will be reporting, I think our stock price could get there.”

 

To close the interview, Massey shared that the Company will continue to grow and expand, and is focused on becoming profitable over a large volume of revenue in 2022.

 

To hear David Massey’s entire interview, follow the link to the podcast here:

https://www.dropbox.com/s/8hzfw6dgljjc0wi/3_30_21_SIRC.mp3?dl=0

 

Investors Hangout is a proud sponsor of “Stock Day,” and Stock Day Media encourages listeners to visit the company’s message board at https://investorshangout.com/

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corporation (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation company specializing in commercial and residential properties in the Southern California market. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman

Senior Vice President

MZ North America

Main: 949-259-4987

SIRC@mzgroup.us

www.mzgroup.us

 

About The “Stock Day” Podcast

Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America.

 

SOURCE:

Stock Day Media

(602) 821-1102

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info:

https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Thursday, April 1, 2021

#Solar/ #EV #Stock News - Solar Integrated Roofing (OTC: $SIRC) Discusses Acquisition of Cornerstone #Construction and Upcoming Uplist with The Stock Day Podcast; @SIRCStock

#Solar/ #EV #Stock News - Solar Integrated Roofing (OTC: $SIRC) Discusses Acquisition of Cornerstone #Construction and Upcoming Uplist with The Stock Day Podcast; @SIRCStock 

 


Phoenix, AZ, April 1, 2021 - Solar/EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC) news:   The Stock Day Podcast welcomed Solar Integrated Roofing Corp, an integrated, single-source solar power and roofing systems installation company specializing in commercial and residential properties in the Southern California market. CEO of the Company, David Massey, joined Stock Day host Everett Jolly.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/04011SIRC-Acquisition.asp

 

Massey began the interview by elaborating on the Company’s background and current projects. “We’re a residential roofing and solar company. We are mainly focused in Southern California, but we’ve expanded over to the East Coast and we have some Southeast companies as well,” shared Massey. “We have also expanded into the EV charging network sector, and we’ve recently acquired an EV charging company and have a couple more on the radar that we’re looking at.”

 

Jolly then asked about the Company’s acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina. “We’re excited on several fronts,” said Massey. “The core team of Cornerstone Construction is top-notch; they’re led by Hunter Ballew, a leader in the industry,” he continued. “We’re excited for the expansion into the Southeast,” added Massey. “We’re also excited about the revenues. Cornerstone Construction did almost $3 million their first quarter, and they typically generate 10% of their revenue during the first quarter,” he explained. “They’re going to have an explosive year, and we’re really excited to have them onboard with SIRC.”

 

“When will those revenues start falling on your balance sheet?”, asked Jolly. “Our fiscal year for 2022 started March 1st, so all of 2022 will have the revenues from Cornerstone Construction.”

 

Jolly noted that the Company recently completed the auditing process and submitted their Form 10. “What does that mean for shareholders and when will we see an uplisting to the OTCQB?”, asked Jolly. “There is a sixty day waiting period with the SEC as they go through paperwork and the process, and they will also have to audit Cornerstone Construction as part of the process,” explained Massey. “It means that very shortly after that period of time we’re going to uplist to the OTCQB and we will be a fully reporting company.”

 

The conversation then turned to the Company’s expansion into the EV charging industry. “We’re excited to be in that market. We recently acquired a company called PLEMco, which is in Southern California,” shared Massey. “I think it’s going to be an explosive growth area for us, and we’re also looking at several other EV charging companies nationwide to acquire,” said Massey.

 

“Do you expect any challenges in the next two to three quarters that you will have to overcome?”, asked Jolly. Massey explained that the Company is currently holding announcements regarding upcoming acquisitions while their Form 10 is being processed by the SEC. “Once that quiet period is over we’re going to have a substantial amount of announcements to make about some acquisitions that we’re doing and we’re going to have a huge amount of growth this year.”

 

“After the company uplists to the OTCQB, what are your plans moving forward?”, asked Jolly. “We really hope to be on the NASDAQ this year, and we’re working with our attorney now to get those pieces into place,” said Massey. “We qualify in every aspect for going to the NASDAQ, other than our stock price. However, I think with the acquisitions that we’re doing and the revenue that we will be reporting, I think our stock price could get there.”

 

To close the interview, Massey shared that the Company will continue to grow and expand, and is focused on becoming profitable over a large volume of revenue in 2022.

 

To hear David Massey’s entire interview, follow the link to the podcast here:

https://www.dropbox.com/s/8hzfw6dgljjc0wi/3_30_21_SIRC.mp3?dl=0

 

Investors Hangout is a proud sponsor of “Stock Day,” and Stock Day Media encourages listeners to visit the company’s message board at https://investorshangout.com/

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corporation (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation company specializing in commercial and residential properties in the Southern California market. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman

Senior Vice President

MZ North America

Main: 949-259-4987

SIRC@mzgroup.us

www.mzgroup.us

 

About The “Stock Day” Podcast

Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America.

 

SOURCE:

Stock Day Media

(602) 821-1102

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info:

https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others. 

 


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Wednesday, March 31, 2021

#ESG #Stocks in the News: Foothills Exploration Inc. (OTC: $FTXP) Forms New Subsidiary To Participate In Global #Energy Transition; @Foothills_FTXP

#ESG #Stocks in the News: Foothills Exploration Inc. (OTC: $FTXP) Forms New Subsidiary To Participate In Global #Energy Transition; @Foothills_FTXP

 

LOS ANGELES, March 31, 2021– (Investorideas.com newswire , Renewableenergystocks.com and Oilandgasstocknews.com ) Foothills Exploration, Inc. (OTC: FTXP), including its direct and indirect subsidiaries, ("Foothills," or the "Company"), an oil and gas exploration company today announced the formation of a new subsidiary, New Energy Ventures, LLC, (“New Energy Ventures”) aimed at participating in the transformation of the energy sector. 

 

New Energy Ventures’ mission involves partnering with entrepreneurial and talented management teams to develop different technologies for a sustainable and energy efficient low carbon future. Our core area of focus is power generation and oil field clean-tech applications. New Energy Ventures will initially aim to partner with innovative venture and emerging growth companies focused on carbon capture, blue and green hydrogen production, oil field clean tech, and deep geothermal exploration.

 

Read this news, featuring FTXP in full at https://www.investorideas.com/news/2021/renewable-energy/03311Foothills-Exploration-Energy-Transition.asp

 

Embracing the Energy Transition to Stay Competitive in the New Normal

Current data indicates global demand for oil and natural gas will continue beyond 2050 albeit a number of carbon-emissions reduction targets and mandates have been developed globally.

 

Key U.S. states like California and New York have developed stated emissions reductions targets to fall in line with the Paris Agreement by 2050.  The Biden administration has also once again signed the Paris Agreement on behalf of the United States and federal emissions reductions targets are currently being developed.

 

“The Company aims to capitalize on the evolving landscape of energy policy and take part of the strong growth outlook for the future of zero-carbon emission projects and clean energy tech,” said Kevin J. Sylla, the Company’s Executive Chairman. “New Energy Ventures will focus on transformative energy sources and disruptive oilfield clean technologies. We are not abandoning our core principles but instead expanding our horizons and building a greater platform and robust foundation to create shareholder value,” continued Sylla.

 

Natural Gas Exploration and Development

Company management views natural gas as integral part of the future of energy as the world moves to net-zero emissions and considers natural gas critical to our nation’s energy security. There are potential unintended consequences to the strategy to ‘electrify everything’ with an overreliance on electrification as the sole path to net-zero.

 

The Company is currently working on a strategic plan to exploit its Wind River Basin project in Fremont County, Wyoming. The Company intends to actively pursue other natural gas projects once the Wind River Basin project finds a partner and begins its work program.

 

SEC Rule 15-2c-12 Compliance and Balance Sheet Initiatives

The Company is working to become current on the OTC Pink Sheets in the coming months in compliance with Securities and Exchange Commission (SEC) Rule 15c2-12 promulgated under Section 15(c) (2) of the Securities Exchange Act of 1934, which contains disclosure and continuing disclosure requirements applicable to the Company’s securities and requiring that such disclosures be made by June 30, 2021.

 

The Company has a comprehensive plan in place to meet the June 30th deadline and will provide future announcements to update the market periodically on its progress. The Company is continuing to work with its remaining convertible noteholders to negotiate, settle and retire all the Company’s outstanding convertible debt as part its ongoing efforts to address future dilution, create value and generate long-term growth for shareholders.

 

About the Company

Foothills Exploration, Inc. is an oil and gas exploration company. The Company’s principal asset located in the Wind River Basin, Wyoming, consists of approximately 16,000 acres of highly prospective development acreage. The Company's initiative is to generate high-impact exploration projects focused on natural gas. For additional information please visit the Company’s website at www.foothillspetro.com.

 

Forward-Looking Statements

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

 

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law.

 

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

 

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