G2 Technologies Corp ($GTOO) Investor Recap: September 15 2021 from Darragh Grove-White on Vimeo.
Vancouver, BC, September 15, 2021 Via COGNITIVE CORPORATE SERVICES cognitivecorp.ca/ G2 Technologies Corp. Announced September 8th The First Tranche Closing of Non-Brokered Private Placement (CSE: GTOO) (OTCQB: GTGEF) (FWB: 1NZ.F)
G2 has closed the first tranche of a non-brokered private placement financing issuing an aggregate total of 6,370,000 Units at a price of $0.10 for total gross proceeds of $637,000. Proceeds from the Private Placement are intended to be used in connection with the acquisition of certain operated producing oil properties in the Serbin Field in Texas as well as for general working capital.
On September 9, 2021 G2 Technologies provides project down payment with Trivista Oil Co. LLC (TRI) TRI is a corporation based in Texas to acquire certain operated producing properties in the Serbin Field in Texas.
G2 has confirmed that it has paid the non-refundable 5% deposit ($400.000.00 USD) and secured the transaction. The closing date of the transaction is scheduled to be on or about October 20, 2021. hTe final terms of this PSA will require an additional cash payment of $7.6 Million USD upon closing.
We have now delivered the key equity component of this transaction which was necessary in order to complete the subsequent debt structuring. Slawek Smulewicz, Chief Executive Officer of G2 "We continue to execute on our strategic plan..." Slawek Smulewicz, Chief Executive Officer of G2 And we'd also like to acknowledge the participation in the equity financing of all of our long-time shareholders as well as all of our new shareholders for making this possible.” Slawek Smulewicz, Chief Executive Officer of G2.
About G2 Technologies Corp. (CSE: GTOO) (OTCQB: GTGEF) (FWB: 1NZ.F) Twitter: @energy_G2 Website: G2.Energy Phone: +1 778 775 4985 G2 Technologies Corp. is currently undergoing a transformational transaction, as per the company's August 24 News Release. Request Your Subscription Documents For this limited and non-brokered private placement . visit G2.energy TODAY
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Forward-Looking Statements Caution. This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions may not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities may not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.















