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CW Petroleum Corp (CWPE) Approved to List on OTCQB

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CW Petroleum Corp (CWPE), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, has been approved to list on the OTCQB Exchange as of June 5, 2024.

The company is actively seeking investment capital from investment banks and private equity to fund acquisitions and expand its operations within Texas and other U.S. markets. Additionally, CW Petroleum is searching for a Sole Book Runner to assist with a potential IPO and an up list to the NYSE.

For more information, visit cwpetroleumcorp.com or contact the company directly.

Positive
  • CW Petroleum Corp (CWPE) has been approved for listing on the OTCQB Exchange.
  • The approval to list on OTCQB was effective on June 5, 2024.
  • The company seeks investment capital for growth and acquisitions within Texas and other U.S. markets.
  • CW Petroleum is exploring an IPO and up listing to the NYSE.
Negative
  • The company is still in the process of seeking a Sole Book Runner for its IPO.
  • Dependence on external capital from investment banks and private equity could pose financial risks.

Katy, Texas, June 10, 2024 (GLOBE NEWSWIRE) -- CW Petroleum Corp (CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announced it was approved to list its security, CWPE, on the OTCQB Exchange. The Company’s OTCQB approval went effective 6/5/2024.

Detailed information about the Company OTCQB Markets at:

CWPE Overview
CWPE Security Detail
CWPE Financials
CWPE News
CWPE Disclosures

SEC Filings

The Company continues to seek investment capital from investment banks/private equity needed for acquisition targets to grow and expand its renewable and hydrocarbon motor fuels inside the State of Texas and other markets within the U.S.A. The Company continues to search for a Sole Book Runner to assist the Company with an IPO and up list to NYSE.

For additional information, visit our website at cwpetroleumcorp.com, email: investor@cwpetroleumcorp.com, or call 281-817-8099

About CW Petroleum Corp

CW Petroleum Corp, a Texas corporation, was founded by Christopher Williams and began operations in 2011. CW Petroleum Corp, a Wyoming corporation, was incorporated in April 2018 and has acquired the Texas corporation as a wholly-owned subsidiary. CW Petroleum Corp supplies and distributes Biodiesel, Biodiesel Blends, Renewable Gasoline, and a 92 Octane Reformulated No Ethanol Gasoline to distributors, convenience stores, marinas, and end-users.

The EPA licenses the Company to create its proprietary gasoline blends.

CW Petroleum Corp is licensed to distribute Diesel Fuel & Gasoline by the States of Texas, Louisiana, Oklahoma, California, Colorado, New Jersey, Maryland, Pennsylvania, and Arizona

Forward-Looking Statements

Certain statements in this press release may contain “forward-looking statements” regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the oil and gas markets, energy markets, and other markets in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “endeavors,” “strives,” “may,” or variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to several risks, uncertainties, and assumptions that are difficult to predict, estimate, or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company’s most recent annual report on Form 1-K, which may be amended or supplemented by subsequent semiannual reports on Form 1-SA or other reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company’s filings with the Securities and Exchange Commission.

No Offer or Solicitation

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.


FAQ

What significant event happened for CW Petroleum Corp (CWPE) on June 5, 2024?

CW Petroleum Corp (CWPE) was approved to list on the OTCQB Exchange on June 5, 2024.

What are CW Petroleum Corp's (CWPE) future plans as mentioned in the press release?

CW Petroleum Corp (CWPE) is seeking investment capital for acquisitions and expansion and is exploring an IPO and up listing to the NYSE.

What type of fuels does CW Petroleum Corp (CWPE) provide?

CW Petroleum Corp (CWPE) provides Specialty Renewable and Hydrocarbon Motor Fuels.

Where can I find detailed information about CW Petroleum Corp's (CWPE) OTCQB listing?

Detailed information about CW Petroleum Corp's (CWPE) OTCQB listing can be found on their website, cwpetroleumcorp.com.

CW PETROLEUM CORP

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21.53M
116.55M
4.82%
Oil & Gas Midstream
Energy
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United States of America
Katy