Turner Venture Group Announces Engagement of Auditor

Rhea-AI Summary

Turner Valley Oil and Gas (OTC: TVOG), now Turner Venture Group, has engaged Briggs & Veselka Co. as its new independent auditor. This partnership aims to audit financial statements from the past two years and facilitate SEC filings for the company's uplisting to the OTCQB marketplace. The audit is part of a $4 million equity placement agreement with GHS Investments, LLC, requiring a Form 10 registration. The company specializes in acquiring equity interests in the hemp, health, wellness, sanitation, and technology sectors.

Positive

• Engagement of a reputable auditor, Briggs & Veselka Co., enhances credibility.
• The audit is necessary for SEC filings, aiding in uplisting to OTCQB, which can attract more investors.
• Part of a significant $4 million equity placement agreement, indicating financial backing for growth.

Negative

• None.

AUSTIN, TX / ACCESSWIRE / April 5, 2021 / Accesswire Announcement -- Turner Valley Oil and Gas, Inc. (the "Company") ("Turner") (OTC:TVOG), now doing business as Turner Venture Group, Inc., is pleased to announce it has engaged the independent auditing firm Briggs & Veselka Co. as its certifying public accountant, effective immediately as per TVOG's SEC Filing Form 8-K yesterday.

Briggs & Veselka Co. will audit the Company's financial statements for the past two years, an ongoing basis, and support completion of required SEC filings necessary for uplist to the OTCQB marketplace tier.

This seeks completion as a prerequisite with Turner's equity placement agreement with GHS Investments, LLC which requires a Form 10 registration, previously announced for $4,000,000 available to view at the following link:

https://backend.otcmarkets.com/otcapi/company/financial-report/215959/content

Please refer to most recent website announcements for more information:

https://tvoginc.com/industry-news/turner-news/

About Briggs & Veselka Co.

Founded in 1973, Briggs & Veselka Co. is Houston's largest independent accounting firm. They are also the third-largest independent CPA firm in Texas. Briggs & Veselka offers audit, consulting, and tax services with experts specializing in a wide range of industries.

About Turner Valley Oil and Gas, Inc.

Turner (OTC:TVOG) is a Venture Holding Company that acquires equity interests in innovative products and companies within the hemp, health, wellness, sanitation, infrastructure and supply chain technology segments. Turner's cornerstone acquisition of Bloomi Labs, LLC has formulation of a CBD Hand Sanitizer manufactured domestically.

Disclosures

Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.

Key Links:

OTCMarkets Profile: http://www.otcmarkets.com/stock/TVOG/profile

Disclaimer: https://TVOGinc.com/contactus/disclaimer/

Corporate Website: http://TVOGInc.com | http://BloomiClean.com

Twitter: http://twitter.com/tvoginc | http://twitter.com/BloomiClean

Facebook: https://www.facebook.com/TVOGinc/

LinkedIn: https://www.linkedin.com/company/TVOGinc/

CONTACT:

James B. Smith, CEO, Chairman

Turner Valley Oil And Gas, Inc.

Address: 5900 Balcones Drive, Suite 4503, Austin,TX 78731

Phone: 1-830-291-8189

Email: TurnerVentureGroupInc@gmail.com or info@TVOGinc.com

SOURCE: Turner Valley Oil and Gas, Inc.

View source version on accesswire.com:
https://www.accesswire.com/639022/Turner-Venture-Group-Announces-Engagement-of-Auditor

FAQ

What recent announcement did Turner Valley Oil and Gas (TVOG) make?

Turner Valley Oil and Gas announced the engagement of Briggs & Veselka Co. as its independent auditor.

Why is Turner Valley Oil and Gas hiring an auditor?

The auditor will review the company’s financial statements to support SEC filings for uplisting to the OTCQB marketplace.

How much is Turner Valley Oil and Gas's equity placement agreement worth?

Turner Valley Oil and Gas's equity placement agreement is valued at $4 million.

What is the significance of the audit for Turner Valley Oil and Gas?

The audit is crucial for compliance with SEC regulations, allowing the company to uplist to a more prestigious marketplace.

Who is the auditor engaged by Turner Valley Oil and Gas?

The auditor engaged by Turner Valley Oil and Gas is Briggs & Veselka Co.