GRIT International Inc.
GRIT International Inc.: GRIT INTERNATIONAL INC. – ANNOUNCES CORPORATE UPDATE WEEK 2011-04
GRIT International Inc. / Key word(s): Miscellaneous/Statement 20.01.2011 / 11:32 GRANDE PRAIRIE, ABThursday- January 20th, 2011 - GRIT INTERNATIONAL (3GR1:F) is pleased to announce the weekly update for calendar week 4, 2011. Management is aware of the stock price decline over the past few weeks; and has been diligently following through with its past commitments released in prior months. We have narrowed down our selection in selecting one of the Big Four Auditing Firms and look forward to announcing this within the next couple of weeks. Submission processes for GRIT's Entry Standard listing, and the listing of Spin-off Subsidiary Texas Petroleum are still under regulatory review. Management had been invited to meet with the President of Alberta Treasury Branch (Alberta Based Financial Institution monitoring assets in excess of $20 Billion), and looks forward to discussing future working relationships. Confirmation emails to all the shareholder participants for the TEXAS Petroleum EUR0.01 Deal have been submitted and will be followed up by another email outlining the arrangements in obtaining the shares. Throughout the week, targeted acquisitions for divisions GRIT-Petroleum and GRIT-Minerals have been the company's objective. We look forward to announcing these opportunities over the next couple of weeks. We are arranging for the investor conference call that will be handled on a web-based platform; please refer to our 'Announcements' page for the confirmed time and date. As a note to our readers, we have added new sections to the website, 'Events' & 'Announcements' tabs; we aim to further communicate more effectively through our website to you, our readers. Please sign up for GRIT Alerts and follow us on Twitter. 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. ### 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: +49.2161 49694870 E: jstewart@gritintl.com End of Corporate News --------------------------------------------------------------------- 20.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 109527 20.01.2011
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found