Victura Construction Group, Inc. (OTC Pink: VICT) is engaged as a holding company that focuses on acquisitions within the construction industry. Shares of the construction company are soaring 81.82%, through early trading on Thursday, December 7, 2017. Over the past month, Victura Construction Group, Inc. has seen average daily volume of 794,880 shares. However, volume of 3.78 million shares or dollar volume of $15,120, has already exchanged hands on the day.
Shares of Victura Construction Group, Inc. are rallying today, after the company announced that it has signed a Letter of Intent to acquire North Texas Builders and Remodelers, a residential construction and services company. Management notes that the company is a great fit into its existing holding company and operations because of the “constant need for capable residential builders in our region,” details Victura Construction Group, Inc. CEO Patrick Johnson. Here is the full press release detailing of the LOI:
Victura Construction Group, Inc. Press Release:
DALLAS, Dec. 05, 2017 (GLOBE NEWSWIRE) — Victura Construction Group, Inc. (OTC PINK:VICT), a holding company focused on strategic acquisitions within the construction industry, announces that it has signed an Letter of Intent to acquire North Texas Builders and Remodelers (NTXB). North Texas Builders is a residential builder and service provider that has been in business for over ten years.
Said CEO Patrick Johnson: “With the Texaplex growing at the rate it is, there is a constant need for capable residential builders in our region,” said CEO Patrick Johnson. “We look forward to our prospects of growing together as there is a wealth of opportunity ahead of us,” he added.
About North Texas Builders
North Texas Builders is a residential and business builder and service provider: We support community development through private and public partnerships. We envision a world where all citizens are given the opportunity to contribute meaningfully to their communities.
We offer an array of programs that target specific needs in various communities. From organizing block projects to providing affordable housing services, North Texas Builders is there to lend a hand.
The company can be found at: http://www.northtexasbuilders.com/
About Victura Construction Group, Inc.
Victura Construction Group, Inc. (OTC:VICT) is a holding company focused on strategic acquisitions within the construction industry that service both residential and commercial sectors in new development and construction projects, restoration and re-build following any covered loss or catastrophic event and materials supply opportunities within the industry.
Victura operates with excellent business practices and management expertise, sound ethics, financial resources as applicable, and utilizes strategic industry relationships to help add to the success of any acquired company(s).
The company can be found at www.victuraconstruction.com
Safe Harbor Statement
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.