FT. WORTH, Texas, April 24, 2018 (GLOBE NEWSWIRE) -- Victura Construction Group, Inc. (OTC PINK:VICT), a holding company focused on strategic acquisitions within the construction industry, announces that it has executed definitive agreements to consolidate with Trinity Conglomerate LTD.
Trinity Conglomerate is a Canadian Federal Corporation that is focused on acquiring and managing assets in growth industries that contribute to developing Sustainable Environments in North America and around the Globe.
The companies have agreed to a convertible debt consolidation, and a stock dividend to the shareholders of record.
Said CEO Patrick Johnson: "Victura is excited to come into the fold and look forward to moving the prospects of business models forward. The company will be able to clean its balance sheet of outstanding convertible debt which is extremely beneficial to the company, and our shareholders of record will also greatly benefit from the dividend,” he added.
The company also announces that it has rescinded its acquisition agreement with North Texas Builders and Remodelers.
About Trinity Conglomerate
Trinity Conglomerate is a holding company that is social-purpose driven. We are focused on acquiring and managing assets in growth industries that contribute to developing Sustainable Communities in North America and around the Globe. Our diverse portfolio of assets range from Traditional and Green Construction, Cannabis Industry Cultivation Technology, Real Estate, Real Estate Property Development and Management, Insurance, Telecom, and AAA Rated Securities.
We are a market-focused, process-centered organization that develops and delivers consistent value to our shareholders and provides a dynamic and challenging environment for our partner companies to thrive.
The company can be found at www.trinityconglomerate.com
About Victura Construction Group
Victura Construction Group, Inc. (OTC:VICT), is a holding company focused on strategic acquisitions within the construction industry that service both residential and commercial sectors in new development and construction projects, restoration and rebuild following any covered loss or catastrophic event and materials supply opportunities within the industry.
Victura operates with excellent business practices and management expertise, sound ethics, financial resources as applicable, and utilizes strategic industry relationships to help add to the success of any acquired company(s).
The company can be found at www.victuraconstruction.com
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
Victura Construction Group, Inc.
Patrick J. Johnson
Chief Executive Officer
888.842.8872
pjohnson@victuraconstruction.com