Nortia Client Company Executes Stock Exchange Agreement.ATLANTA -- Fourth graph is replaced. The corrected release reads: NORTIA CLIENT COMPANY EXECUTES STOCK EXCHANGE AGREEMENT Nortia Capital Partners, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :NCPN NCPN Nieuwe Communistische Partij Nederland (Dutch political party) ) (OTC:KNEC KNEC Kenya National Examinations Council ) is pleased to announce that its client company Knight Energy Corp. (Knight), has executed a stock exchange agreement with Integrated Technology Group, Inc. (ITGI ITGI IT Governance Institute ITGI Iffco-Tokio General Insurance Company (India) ), which, upon closing, will result in the former stockholders of Knight owning approximately 85 percent, or 16,762,500 shares, of the issued and outstanding common stock of ITGI. In connection with this transaction, ITGI has changed its name to "Knight Energy Corp." After the closing, it is anticipated that Knight's securities will be traded over-the-counter on the pink sheets under the symbol "KNEC." Knight's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Charles Hill Charles Hill is the name of the following people:
ChD abbr. Latin Chirurgiae Doctor (Doctor of Surgery) CHD, n.pr See disease, coronary heart. CHD canine hip dysplasia. , Inc.), intends to operate as an oil and gas services company for which it owns an oil and gas drilling rig. Knight and/or CHD, Inc. also intend to develop oil and gas reserves. In this regard, CHD, Inc. is the lessee under an oil and gas lease agreement covering 160 acres in Stephens County, Texas Stephens County is a county located in the U.S. state of Texas. In 2000, its population was 9,674. Its county seat is Breckenridge6. The county was originally named Buchanan County, after U.S. President James Buchanan, but was renamed in 1861 for Alexander H. . Knight currently intends to use its drilling rig to drill additional wells on the 160 acre Stephens County property. Knight also intends to continue to review potential additional acquisitions and investments in the oil and gas industry, as well as investments in other energy related businesses and assets. For services related to Knights merger with ITGI Nortia received 1,250,000 shares of Knight common stock as well as 1,250,000 options to buy Knight common stock at $1.00 per share and 1,250,000 options to buy Knight common stock at $.50 per share. A portion of Nortia's Knight shares will be distributed to Nortia stockholders. About Nortia Capital Partners, Inc. Nortia Capital Partners, Inc. (Nortia) is an Atlanta-based merchant banking company that provides access to capital and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal for management buyouts, recapitalizations and the expansion needs of emerging growth companies. Additional information can be found by visiting its website at www.nortiacapital.com. Forward-Looking Statements: This press release contains forward-looking statements. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by Knight may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. Knight assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion