Golden Triangle Ventures, Inc. Announces Plan to Spin Off Global Health Services and Dividend its Shareholders
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Golden Triangle Ventures, Inc. Announces Plan to Spin Off Global Health Services and Dividend its Shareholders

Monday, November 23, 2020 8:00 AM
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Company Update

LAS VEGAS, NV / ACCESSWIRE / November 23, 2020 / Golden Triangle Ventures, Inc. (OTC PINK:GTVH), a strategic consulting company doing business in the Health, Entertainment, and Technology sectors, is pleased to announce that the Board of Directors has elected to explore the opportunity to spin off Global Health Services and dividend all of its shareholders.

Global Health Services is a wholly owned subsidiary of Golden Triangle Ventures under its Health Division. The Board of Directors have elected to explore the opportunity to Spin off its Health division through a Form 10 Filing which is anticipated to be filed in February. The company currently does business in the Medical PPE space and the CBD space, and management is in the process of building an extensive online portal which will support all of the multiple verticals under the company and provide a one stop shop for all of the company products and services. In addition, management is working on acquiring an array of profitable assets and projects with many impressive additions to its senior team involved.

More information on Global Health Services can be found on the company corporate website here:

The company election to explore this spin off of Global Health Services into its own trading entity supports Golden Triangle Ventures core business model to help its business achieve their overall goals. Golden Triangle Ventures believes that the company deserves to be trading under its own entity as expectations of this division transpire in the months ahead. All shareholders in Golden Triangle Ventures will get a 1:1 share dividend in Global Health Services once the company Form 10 Filing becomes effective. Once Global Health Services officially spins off Golden Triangle Ventures, management intends to make another exciting acquisition to fill the third corner of its triangular business model. The company management team has been working towards this goal for several months and everything is being prepared to accomplish all the above goals.

Steffan Dalsgaard, CEO of Golden Triangle Ventures, states, "Our vision from day one has been to acquire companies that we truly believe in, give them all the resources necessary to become the companies we envision them becoming, then spin them off into their own entities once they are ready to get to the next level on their own. We strongly believe that Global Health Services is ready to get to the next level and become an amazing, multi-functioning, global health business. The team we intend to put in place and the products and services we will be offering are truly groundbreaking. We believe that our shareholders will be greatly rewarded upon our success, and the new company Golden Triangle Ventures intends to acquire will be another unique business that we believe to have an exceptionally bright future."

About Golden Triangle Venture

Golden Triangle Ventures, Inc. or "GTV" is a multifaceted consulting company pursuing ventures in the Health, Entertainment and Technology sectors. The company aims to purchase, acquire and/or joint venture with established entities within these areas of business. In addition, GTV provides a professional corporate representation service to different companies in these sectors while consulting on a variety of different business development objectives. The goods and services represented are driven by innovators who have passion and commitment in these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent the three sectors this company aims to do business in.

Golden Triangle Ventures Website:

Forward-Looking Information

This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and a secondary listing on the OTC as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of Texas Oil & Minerals, Inc. including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Texas Oil & Minerals, Inc. does not assume the obligation to update any forward-looking statement, except as required by applicable law. For short updates on the company, please visit the corporate Twitter page @GTV_Inc.


Golden Triangle Ventures, Inc.
3430 East Russell Road
Suite 301-18
Las Vegas, NV 89120

SOURCE: Golden Triangle Ventures, Inc.

Golden Triangle Ventures, Inc.
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