June 20, 2008
Titan Oil and Gas Announces the Addition of a Board Member and Updates Information on Pink Sheets Listing Service
Titan Oil and Gas Inc. (Pink Sheets:TNOG) is pleased to announce the addition of Mr. Shelby Clark to the Board of Directors. He will also be taking the positions of Secretary and Chief Legal Officer (CLO). Mr. Clark's experience in the small cap market is invaluable to our plans to move forward with project acquisition as well as bring the company's corporate books up to date. He holds a law degree from the University of California, Hastings, where he graduated magna cum laude and edited the Hastings Law Journal. Mr. Clark is admitted to the state bar associations in both California and Oregon. Mr. Clark's expertise ranges from seed-round and subsequent equity funding, bridge-note and other debt financings, acquisitions, and assisted on significant transactions up through initial public offerings.
He will also help the company achieve "Current Information Provider" on Pinksheets.com as well as help the company move to start our SEC filings. "I enjoy structuring innovative transactions and developing approaches that benefit all parties in business deals and partnerships," said Mr. Clark of his position's role within the company. "Our ability to act quickly and effectively, and the developing trust we have with our partners, pave the way for further growth."Titan has brought the corporate and financial information up to date per the requirements listed at Pinksheets.com for Pink OTC Inc. to be a "Limited Information Provider." The information that is now listed on the Pink Sheets website includes the initial company information and disclosure statement as well as the company's financials. The legal opinion letter with respect to adequate public information will be added in the next few weeks after it has been reviewed by the company's CLO. After the opinion letter is added the company will meet the criteria required to be listed as a "Current Information Provider." The completed documents have been added to the Titan Oil and Gas page at Pinksheets.com under the tab "filings" in the following link,
ABOUT TITAN OIL AND GAS, INC
Titan is an energy company with interests in oil and gas development, drilling and production. Titan follows a conservative business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration and development of new properties. For further information about Titan Oil and Gas please visit our website at http://www.TitanOilandGas.com or blog at http://www.TitanOilandGas.com/wordpress.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Oil and Gas, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. Please read the full disclaimer here: http://www.TitanOilandGas.com/disclaimer.