Creston Resources Ltd. ("Creston" or the "company") (Pink Sheets: CSTJ) announced today that the company has engaged accounting firm Hall, Kistler & Co. and engineering firm Ryder Scott in preparation of the company filing a Form 10-SB with the SEC to become a fully reporting public company under the provisions of Section 12(g) of the Securities and Exchange Act of 1934 as amended, and/or the filing of Form 211 along with its audited financial statements with NASD to be listed on the OTCBB. Jack Carson, president and CEO, said, "The hiring of a qualified SEC accounting firm is a significant step for our company. This will also provide a vehicle for our investors to access financial and operational information about the company that will be available to the public on a regular reporting basis." The Ryder Scott Co. has begun work on a reserve report for the company that will include its newly acquired properties announced last week. The report, which will offer a comprehensive overview of the company's oil and gas reserves according to SEC-approved guidelines, is another step that has been undertaken to become fully reporting. Work on the report is ongoing and will be announced once finalized. This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 that involve a wide variety of risks and uncertainties, including, without limitations, statements with respect to the company's strategy and prospects. Readers and investors are cautioned that the company's actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, the company's ability to acquire productive oil and/or gas properties or to successfully drill and complete oil and/or gas wells on such properties, general economic conditions both domestically and abroad, and the conduct of business by the company, and other factors that may be more fully described in additional documents set forth by the company. Readers are cautioned not to place undue reliance on any forward-looking statements. The company assumes no obligation to update any forward-looking statements contained in this document.
Creston Resources (CE) (USOTC:CSTJ)
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