HOUSTON, May 08, 2018 (GLOBE NEWSWIRE) -- Turner Valley Oil and Gas, Inc. (the “Company”) (OTC:TVOG), pending name change to PrimeStar Bitumen, Inc., is pleased to announce that the Company has initiated business plans to include acquisitions, investments, and strategic relationships with several blockchain technology companies already under negotiation.  The companies of interest to management will have a primary blockchain focus on shipping, supply chain, and infrastructure.

To start this process, TVOG is pleased to announce the pending appointment of a shipping and blockchain specialist (s) who will be in charge of blockchain and M&A development for PrimeStar.  This is the first of many management additions, and the company is excited to introduce the full team promptly.  Investors can expect filings and press releases with full details in the coming days.

In conjunction with this addition, the Company has already been involved in advanced negotiations with three well established blockchain technology companies.  All are in the advanced stages of discussions moving toward closing, and are aimed at M & A  (Merger & Acquisition) and JV (Joint Venture) transactions. It is the Company’s intention to structure deals where it can benefit from the growth of the blockchain technology sector while strategically applying it to the bitumen and related supply chain, shipping, and infrastructure segments.

It is management’s belief that by making strategic acquisitions, investments, and mutually beneficial alliances, it can have a competitive advantage in its market places and be able to help shape the blockchain technology expansion currently taking place across various industries.

To this end, management invites shareholders and potential investors alike to read this recent article on how blockchain technology will revolutionize the shipping industry and helps explain why management is so enthused about these upcoming corporate actions. 

In addition to the pending blockchain press releases, Management expects to make announcements soon regarding a new Board of Directors and more management additions, expansion/shipping contract details, M & A’s, JV’s, an updated website, and a host of other company   events as the company builds upon its initial bitumen shipping asset purchase.

Park, K. (2018, April 18)  Blockchain is About to Revolutionize the Shipping Industry  Retrieved from https://www.bloomberg.com 

NASDAQ Material Disclosure Link: http://www.nasdaq.com/symbol/tvog/press-releases

SEC Form 10 Link:     https://backend.otcmarkets.com/otcapi/company/sec-filings/12583468/content/html

About Turner Valley Oil & Gas, Inc. 
                                                                                               
Turner Valley Oil & Gas, Inc. (pending name change from PrimeStar Bitumen, Inc.) (OTC:TVOG) is a business holding company with a historical focus on energy related holdings. The Company’s acquisition model is focused on finding and evaluating profitable small to mid-sized businesses as acquisition candidates where cash flow can be improved through its buy, build & bolt-on model within the real assets, blockchain, energy, infrastructure, bitumen, and asphalt segments.
                                                                                                           
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such statements are subject to certain transactions such as the completion of the transfer of vessel assets and the closing of the private placement. 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.

Website:                      https://primestarbitumen.com/
OTC Markets Profile: http://www.otcmarkets.com/stock/TVOG/profile
Full Disclaimer:           https://primestarbitumen.com/disclaimer/ 

Contacts:

Steve Helm, CEO
Turner Valley Oil And Gas, Inc.
Address: 3270 Sul Ross, Houston, TX 77098
Phone:    1-713-588-9453
Email:      TurnerValleyOilandGas@gmail.com

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