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Sustainable Petroleum Group Inc.: Announcement of New Participation
Sustainable Petroleum Group Inc.: Announcement of New Participation.
About this update from Sustainable Projects Group Inc.
[{"type":"text","content":"\n\n\n\nSustainable Petroleum Group Inc.: Announcement of New Participation\n\n\n\n\n\nSustainable Petroleum Group Inc.: Announcement of New Participation\nPR Newswire\nNAPLES, Florida, July 17, 2017\n\n\n\nNAPLES, Florida, July 17, 2017 /PRNewswire/ --\n\nSustainable Petroleum Group Inc. (the \"Company\") (OTCQB: SPGX) is pleased to announce the acquisition of new assets.\n\nFollowing a string of acquisitions and projects announced earlier in the year, SPGX has completed another investment deal in Europe. As part of this deal, SPGX is excited to announce the acquisition of 20% of shares of SP Group (Europe) AG. Through this acquisition, SPGX is gaining direct access to its sister company, SPG.\n\n\"Through our new investment in SPG, we are pleased to be participating with a company focused on becoming a worldwide leader in the field of natural resources,\" stated Christian Winzenried, CEO of Sustainable Petroleum Group Inc.\n\nAt this time, SP Group (Europe) AG maintains a project portfolio of around 20 projects with an estimated value of more than CHF 250 Mio.\n\nAs an additional benefit of the new participation, SPGX is announcing the expansion of the company's global footprint. Effective July 8, 2017, SPGX will enjoy a representative office in Zurich, Switzerland.\n\nAbout Sustainable Petroleum Group Inc. \n\nSPGX as a member of SP Group is positioned to become a world leading natural resources holding and development company through value based investments and collaborative partnerships with global leaders across the natural resources sector.\n\nSP Group has initiated its goals by pursuing investment and partnerships with some of the most diversified and integrated companies available on the market.\n\nOn behalf of Sustainable Petroleum Group Inc. \n\nChristian Winzenried\n\nChief Executive Officer\n\nCAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS \n\nThis press release contains statements that plan for or anticipate the future, called \"forward-looking statements.\" In some cases, you can identify forward-looking statements by terminology such as \"may,\" \"will,\" \"should,\" \"could,\" \"expects,\" \"plans,\"  \"intends,\" \"anticipates,\" \"believes,\" \"estimates,\" \"predicts,\" \"potential\" or \"continue\" or the negative of those terms and other comparable terminology.  \n\nThese forw...