GILLETTE, WY–(Marketwired – Apr 25, 2016) – NuTech Energy Resources, Inc. (OTC: NERG), a natural gas and oil exploration and development company, is pleased to announce that as of Friday, April 22, 2016, OTC Markets have removed the Caveat Emptor status of the company’s publicly traded stock, and have restored its reporting status to OTC Pink Current Information.
Nutech Energy also disclosed that they are currently finishing up their 2015 annual report, and plan to release the results as soon as possible. As part of their policy to be as transparent as possible, NuTech Energy Resources, Inc. would like to formally invite officials form OTC Markets to visit their operation in Wyoming and see first-hand how this revolutionary technology works.
CEO Kevin Trizna stated, “This is a very important development in our ongoing strategy. We wish to thank the staff at OTC Markets for assisting us in our quest to become as transparent as possible for the benefit of the shareholders. We now believe that we can resume capital raising efforts so we can finish the acquisitions that were previously mentioned in press releases this winter.”
About NuTech Energy Resources, Inc.: Nutech Energy Resources, Inc. (OTC Markets Symbol: NERG) is a natural gas and oil exploration and development company that has developed a patented technology for the production of coalbed methane (CBM) without the need to pump water. Nutech currently operates wells in the Powder River Basin area of northern Wyoming and has commitments to acquire thousands of additional wells. Nutech Energy Resources, Inc.’s development of proprietary equipment uniquely positions the Company to be able to acquire and profitably operate wells that were previously cost prohibitive. For more information visit: http://www.nutechenr.com/
Safe Harbor: This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.
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