CHICAGO, July 30, 2014 (GLOBE NEWSWIRE) -- ID Global Corp. (OTC:IDGC) is pleased to announce that it has executed a purchase agreement for seven million (7,000,000) shares of common stock in Texas Wyoming Drilling, Inc. (OTC:TWDL) at a price of $.001.
Sebastien DuFort, president and CEO stated "We are anxious to establish a strategic relationship with an up-and-coming company, in which we have great confidence, especially with regard to its Yellow Jacket mine. We caution investors that we are not now engaged in the mining industry and may never participate, other than as an investor."
About Texas Wyoming Drilling, Inc.
Texas Wyoming Drilling, Inc., together with its subsidiaries, operates as a diversified gold, mineral, and rock mining company. Its projects include the Yellow Jacket Mine, which covers approximately 160 acres located in Moapa, Nevada; and the Blue Jacket Mine covering approximately 70 acres located in Nelson, Nevada with gold and silver claims. It also operates the Legacy Rock Calcium Mine, a calcium carbonate project; and engages in extracting, processing, and selling decorative landscaping rock in the Greater Las Vegas area. The company was formerly known as eWeb21 Corp. and changed its name to Texas Wyoming Drilling, Inc. in April 2008. Texas Wyoming Drilling, Inc. is based in Las Vegas, Nevada.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
Forward-Looking Statements
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of ID Global Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.