Nerox Energy Corporation Announces the Engagement of B.H. Capital Limited to assist in obtaining credit facilities as well as providing mergers and acquisitions consulting
IRVINE, Calif.--(BUSINESS WIRE)--Jan. 6, 1997--Nerox Energy Corporation (OTCBB:NROX) announced today that it has entered into a formal contract with B.H. Capital Limited, An Albuquerque, New Mexico based company with offices in Houston and Denver comprised of Corporate Finance Consultants, Management Consultants, Merchant and Investment Bankers and Legal Consultants offering over 75 years of business, management and corporate financial experience to assist in the identification of credit/capital resources that may provide asset-based lines of credit, operating lines of credit, working capital lines of credit, warehouse credit line facilities, acquisition financing, private equity capital and Public equity capital to Nerox Energy Corporation as well as provide to the Company mergers and acquisitions consulting.
B.H. Capital Limited takes a proactive approach to analyzing specific financing needs which should enable Nerox Energy Corporation to achieve its expansion will goals in the near term. George Lovato, Jr., President of B.H. Capital Limited, commented that B.H. Capital Limited "can provide business financing services that can meet the needs of almost any business situation in an affordable and timely manner." During calendar year 1996, B.H. Capital Limited provided Corporate Finance Consulting and Merchant Banking Services resulting in excess of $75,000,000 of financial commitments and other financing mechanism on behalf of its clients.
Nerox Energy Corporation's Chairman, Jack Utter, stated "The addition of B.H. Capital Limited as a consultant to our Board of Directors enable Nerox to expand its operations at a more expedient rate thus providing the most direct path to greater earnings and profitability."
Nerox Energy Corporation is an emerging growth, fully integrated energy company with interests in oil & natural, coal and power plant development. The company's current primary focus is targeted on the development and marketing of the largest accessible high grade bituminous coal reserves in Alaska. The company's Jonesville Coal Mine is strategically located, offering ready access to both Pacific Rim and domestic markets. |
