Business
FERN Announces Restructuring Initiative
FERN Announces Restructuring Initiative.
About this update from Fernhill Corp.
[{"type":"text","content":"FERN Announces Restructuring Initiative Designed to Drive Long-Term Growth Fountain Hills, AZ – (June 9, 2017) – Fernhill Corporation. (OTC PINK: FERN), Fernhill Corporation announces that on June 5th 2017 the corporation received written notification that the Golden Mountain property claims located in the Mountauban region of Quebec have expired. According to the notification, Fernhill Corporation has no outstanding balances nor any other further obligations associated with the property claims. Fernhill Corporation will now use this as an opportunity to change the direction of the corporation as a whole. New management has been actively evaluating prospective targets and opportunities in energy and technology spaces. In the upcoming months management will be working with these opportunities with the intent of securing an agreement. The reorganization of the company operations will help focus on activities that will drive long-term growth and help maximize shareholder value. To better achieve this goal, the company plans to position itself accordingly and will work to reduce shareholder risk by having multiple asset and or technologies. Management plans to create new wholly owned subsidiaries under a Fernhill corporate umbrella in order to facilitate a bidirectional multi asset plan moving forward. This reorganization reflects the company plan to refocus and create a more flexible global platform for exploiting new products and or opportunities through partnerships and acquisitions. Fernhill Corporation will remain transparent by providing its shareholders timely corporate news updates as well as regular updates to the corporate share structure. About Fernhill CorporationFernhill Corporation is an intended parent company that exploits new products, technologies and or opportunities. Incorporated in Nevada with operations in North America Fernhill Corporation is focused on acquisitions and or partnerships in the energy and technology sectors. Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, grow...