Auri Subsidiary Acquires Oil & Gas Trucking Firm, Secures Major Logistics Contracts
AURI filed a M&A and Partnerships on light trading volume (0.1× avg).
Summary
Auri Inc.'s subsidiary, Black Dragon Resources, has acquired Triumph Energy Services, an oil and gas trucking company, and appointed Bon Halder as CEO of both BDGR and AURI. This move is part of Auri's strategic pivot towards energy operations. Triumph Energy has secured multiple Master Service Agreements with leading frac pumping companies, including Liberty and ProFrac, and plans to deploy 100-120 trucks across major U.S. oil basins. This acquisition and subsequent operational expansion represent a significant growth opportunity for the micro-cap holding company.
At the time of this announcement, AURI was trading at $0.00 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $736.1K. The 52-week trading range was $0.00 to $0.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: ACCESS Newswire.