Verde Bio and SensaSure Technologies Complete Merger to Create Premier Mineral Acquisitions Company
The combined company will focus on the acquisition and management of oil and gas of minerals and royalties Combined company renamed Formation Minerals, Inc. and will be led by Mr. Scott Cox as President and Chief Executive Officer Transaction expected to deliver sustainable, long-term value to stockholders JACKSBORO, TX., May 13, 2024 (GLOBE NEWSWIRE) -- SensaSure Technologies Inc. (OTCQB: SSTC) (“SensaSure”) and Verde Bio Holdings, Inc. (OTC: VBHI) (“Verde” or the “Company”), a growing oil and
Read More
“I am delighted to announce the closing of Verde Bio’s merger with SensaSure and look forward to capitalizing on the strengths of both companies as we execute on our business plan. Low commodity prices have created a compelling opportunity for the combined company to expand our portfolio, strengthen our market position, and capitalize on long-term growth prospects. Additionally, we expect to pursue strategic funding opportunities, including a possible uplisting to a national securities exchange, to maximize stockholder value.”
Scott Cox
“We are pleased and excited to announce the closing of this strategic transaction, which we expect to deliver sustainable, long-term value to stockholders of both companies.”
James Hiza, President of SensaSure Technologies