TVOG
Turner Valley Oil & Gas, Inc.

Turner Valley Oil and Gas, Inc. (the “Company”) (“Turner”) (OTC: TVOG), now doing business as Turner Venture Group, Inc., is pleased to announce this Corporate Update to provide investors with portfolio updates as well as its outlook for 2023.

The Company has launched an aggressive acquisition plan within the Electric Vehicle space to capture current trends in infrastructure and technology

TVOG current and future shareholders,

In 2022, we were quite successful in our turnaround efforts. We began the year with a fresh strategy based on acquiring equity interests in innovative companies focused on healthier living and sustainability. After reviewing numerous opportunities, we acquired a stake in Herban Healing, LLC, a company that operates in the CBD and legal hemp space (read more below). In addition to investing in and supporting Herban Healing this year, we added well qualified personnel to our team, hired new vendors, paid down existing liabilities from prior management, regained current ‘OTC Pink’ status, and further honed our acquisition strategy.  

Notably, the Company’s strength lies in the lack of significant debt on our balance sheet, our capital structure and successful strategic execution of our cost containment exercises. While health, wellness and sustainability remain a passion for members of our team, we realize the need to build more significant shareholder value faster.  We believe that we have identified larger opportunities in the emerging global electric vehicle charging infrastructure market that is estimated to reach USD 182.9 Billion by 2030, registering a CAGR of 30.2%, owing to rising adoption of Electric Vehicles.

EV charging and infrastructure is our current priority for acquisition targets going forward. We plan to update through corporate press releases, as well as updates on all of our portfolio companies in 2023.  We are working on expanding our executive team and making additional acquisitions over the next year. 

I would like to thank shareholders for the support through 2022 while we transitioned management, honed the strategy, and made the changes needed to help us move forward. I am extremely excited for the New Year and have no doubts that 2023 is going to be a major pivot year for this company. 

Sincerely,

Jordan Balencic, D.O. – Chairman & CEO

New Acquisitions / New Focus

The Company has been actively negotiating with several electric vehicles technology and service companies focused on the charging infrastructure. The electric charging infrastructure segment is a critical and under-developed part of the transition to battery powered vehicles and equipment. We believe there is exponential growth available in this space.

Turner first entered into a memorandum of agreement (“MOA”) with EV manufacturing company in 2022, but due diligence didn’t meet current standards to advance. This MOA has been terminated but will be revisited at a later time. Currently, Turner is negotiating with a series of EV charging infrastructure owners, service companies and technologies. Draft MOA’s are expected to be executed near term and will be announced publicly soon thereafter.

Current Portfolio

Bloomi Labs LLC

Acquired in late 2020, Bloomi Labs LLC, our wholly owned subsidary, is continuing to send out samples of our Bloomi Clean, our hand sanitizer infused with CBD oil, to retail outlets and wellness treatment providers. Additionally, the product is joining inventory at Herban Healing (over 100 CBD products). We are also exploring the addition of new products for 2023 in the acne treatment and skin care field. 

Herban Healing LLC

Acquired a stake in 2022, Herban Healing, LLC produces an award-winning lineup of health and wellness products using hemp-derived CBD across a variety of consumer categories such as oils, topicals, tinctures, coffees and teas, ingestibles, and personal care and pet products containing 0% THC. Additionally, Herban Healing provides B2B manufacturing services for a variety of partners. Herban Healing holds a deep commitment to quality control and consumer transparency, and is advantaged by an experienced leadership team from the US medical cannabis industry, a growing distribution network consisting of 3 retail stores and a robust e-commerce and marketing platform. Many hospice healthcare providers are interested in exploring alternative products to traditional pharmaceuticals. This provides an opportunity for Herban Healing to supply products for non-clinical trials to patients. We are also seeking retail stores interested in carrying our products. If you are interested in our wholesale or whitelabel opportunities please visit http://herban-healing.com or email info@herban-healing.com. 

Join us for a Meeting the CEO Webinar:  

CEO Jordan Balencic and team are excited to host its first Corporate Presentation on 01/24/2023 at 11:30 PM CT / 12:30 PM ET. This will give shareholders and interested investors the opportunity to hear from the CEO about business plans and most excitingly new anticipated  EV acquisition plans. Sign up details to be released soon!

About Turner Valley Oil and Gas, Inc.

Turner Venture Group (OTC:TVOG) is a public Company that acquires equity interests in innovative brands and companies focused on healthier living and sustainability. The Company is focused on building shareholder value through pursuing opportunities in electric vehicles, energy transition, food & beverage, hemp & CBD, household products, personal care, and consumer health technology. Turner’s first acquisition of Bloomi Labs, LLC includes unique CBD Hand Sanitizer products manufactured domestically. The Company’s second acquisition, Herban Healing, LLC includes an established CBD / Hemp Operator with 3 existing retail stores (1 new opening) and an e-commerce sales presence.

Disclosures

Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.

None of the statements in this announcement or via any web sites linked herein have been evaluated by the FDA. Furthermore, none of the statements in this announcement or any web sites linked herein should be construed as dispensing medical advice or making claims regarding the cure of diseases.  You should consult a licensed health care professional before starting any supplement, dietary, or exercise program, especially if you are pregnant or have any pre-existing injuries or medical conditions. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any diseases.

Read full disclaimer here:               https://TVOGinc.com/contactus/disclaimer/   

Key Links:

OTCMarkets Profile:                       http://www.otcmarkets.com/stock/TVOG/profile   

Corporate Website:                        http://TVOGInc.com | http://BloomiClean.com | http://Herban-Healing.com 

Twitter:                                            http://twitter.com/tvoginc | http://twitter.com/BloomiClean  

Facebook:                                       https://www.facebook.com/TVOGinc/ 

LinkedIn:                                         https://www.linkedin.com/company/TVOGinc/ 

Contacts:

Dr. Jordan Balencic 

Turner Valley Oil And Gas, Inc. 

Address:      5900 Balcones Drive, Suite 4503, Austin,TX 78731

Phone:        1-352-561-8896 

Email:          TurnerVentureGroupInc@gmail.com or info@TVOGinc.com 

SOURCE: Turner Valley Oil and Gas, Inc.