GRIT International Inc. / Key word(s): Change of Personnel/Miscellaneous
GRIT International Inc.: NEW ADVISORY BOARD
30.12.2010 / 12:10
Corporate Press Release
Thursday, December 30th, 2010
09.00am Central European Time
PRESS RELEASE
GRIT INTERNATIONAL INC. – WILL SOON ANNOUNCE NEW ADVISORY BOARD
MEMBERS AND WANTS TO REMIND ALL GRIT SHAREHOLDERS OF THE
SPECIAL TEXAS PETROLEUM SHARE DEAL
GRANDE PRAIRIE, AB – Thursday – December 30th, 2010 – GRIT INTERNATIONAL (3GR1:F) is pleased to announce that it has appointed two new internationally known advisory board member who will play a key role in Grit’s plans for next year. Further details will be announced in the next press release.
Because of the many inquiries regarding the Texas Petroleum share deal and the deadline, which ends tomorrow, here are again the facts and details: GRIT International Inc. will make available to all GRIT shareholders the opportunity to acquire an equal amount of Texas Petroleum Inc shares for a one-time only reduced price of EUR0.01. The parameters for this are as follows: Entitlement for this opportunity, as stated before, requires the ownership of one GRIT share on the record date of December 31st, 2010, for the opportunity to acquire one Texas Petroleum Inc share priced at EUR0.01. GRIT will require all shareholders who own less than 50,000 shares to email a third party verification, such as copies of a December 31st, 2010 bank statement; shareholders who own in excess of 50,000 shares require to provide a notarization of such a bank statement. The scanned bank statements are to be emailed to grit-admin@gritintl.com. Upon review of the received December 31st, 2010 bank statements confirmation will be emailed back; validating the number of Texas Petroleum shares available, and the right to pay to GRIT the EUR0,01 per share value. The deadline for the payment is January 31st, 2011. Receipt of funds to GRIT for Texas Petroleum shares will allow GRIT to issue Texas Petroleum Inc. shares for February 28th, 2011 deemed delivery date.
REGISTER FOR MORE PARTICPATION INFORMATION
All shareholders and interested investors (non-shareholders) wishing to participate in this EUR0.01 round and would like to stay informed until the Record Date on December 31st, 2010, should email grit-admin@gritintl.com
Please provide preferred contact information, email address, mailing address, phone and fax numbers, and the intended detailed GRIT share(s) amount for participation.
ABOUT
GRIT INTERNATIONAL INC.
GRIT International is a Canadian based company registered in the State of Nevada, US. Diversified investment and management company specializing in industrial resources. Interests include precious metals and energy, environmental technologies and industrial manufacturing. Seeking out Environmentally Sustainable solutions in nuclear energy, renewable resources in bio-waste and other alternative fuels available at present time. Expansion of the divisions will position GRIT as a Global services provider. For more information please visit the company’s website at www.gritintl.com
TEXAS PETROLEUM INC.
GRIT’s first subsidiary spin-off company which is domestically and internationally focusing on the acquisition(s) of producing Oil & Gas Fields, with proven barrels in reserves as a fundamental criteria. Domestically the company will focus on Texas Oil Reserves, noting the areas such as East Texas Oil Fields which have produced 5.2 billion barrels of oil since its discovery. Internationally focus will be in the emerging markets with particular attention being addressed to the networking connection of Ariva Resources, in the Western African Regions. Texas Petroleum foresees a tremendous growth opportunity into these areas and will become a major supplier of petroleum products.
Safe Harbor Statement; under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company’s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission.
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Contact: GRIT International Inc.,
Investor Relations
Website: www.gritintl.com;
E-mail: grit-admin@gritintl.com
P : +1.780.513.1125
F : +1.780.814.5584
A : Suite 201, 9914 – 109th Avenue, Grande Prairie, AB, T8V 1R7
Investor Relations – German
Mr. James Stewart
P: +49 (0) 2161 49694870
E: jstewart@gritintl.com