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Royal Quantum Update on Oil and Gas Property Acquisition
Market Wire, June, 2008
Royal Quantum Group, Inc. (OTCBB: RYQG) As per the April 2, 2008 press release regarding the acquisition of the Ohio oil and gas project the company is in negotiations with the property owners to extend the closing date of the agreement. Further information will be announced as it becomes available.
Royal Quantum is a North American based exploration and development Company, focusing on the acquisition and development of cash flow or near term cash flow producing properties in the resource sector. Royal Quantum is a fully reporting public company trading on the OTCBB market under the symbol RYQG.
Statements released by Royal Quantum Group, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q, and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
Visit the Royal Quantum Group, Inc. web site at www.royalquantum.com . Information included on the Company's website is not incorporated herein by reference or otherwise.
For additional information please contact: Royal Quantum Group, Inc. Suite # 145, 251 Midpark Blvd S.E. Calgary, AB T2X 1S3 Tel: 403-288-4321 Fax: 403-201-5792