Acquisitions of High Value Ventures: Oil and Gas Exploration, Home Water Conservation & Precious Metals Mining: Southern ITS Inc. (Stock Symbol: SITS)
Southern ITS International, Inc (OTCMKTS:SITS)
PALM DESERT, CALIFORNIA, UNITED STATES, November 23, 2021 /EINPresswire.com/ — Acquisitions of High Value Ventures: Oil and Gas Exploration, Home Water Conservation & Precious Metals Mining: Southern ITS Inc. (Stock Symbol: SITS)
– Developing Portfolio of Diverse Global Assets in High Value Industries.
– Launch of New Oil & Gas Exploration Company to Address a Range of Energy and Natural Resource Sector Solutions.
– LOI to Acquire Interest in Smarter Flush Marketing with Successful Water Conservation Products for Home Toilets.
– Signed Agreement to Acquire Interest in Atacama Minerals Inc. for Gold and Precious Metals Exploration Projects.
Southern ITS International, Inc. (OTC: SITS) intends to own and/or control a portfolio of highly- successful businesses and will focus on a being a multi-national conglomerate. As a holding company, SITS will be in the market to acquire a stake in various companies both public and private. SITS will also focus on building a direct sales network of various e-commerce internet applications, manufacturing, and internet sales of various products. SITS will build an experienced management team that will create a diverse portfolio, buying entire companies, or interests therein, involved in technology, oil and gas, manufacturing, real estate, and other sectors, which will then become operating subsidiaries of SITS.
– SITS Launches Pure Oil & Gas Inc.
On November 9th SITS announced the launch of Pure Oil & Gas, Inc., a Wyoming corporation, as a wholly owned subsidiary, to add to the company’s growing family of energy solutions and products.
James Shipley, President of SITS, said, “The global transition, which the energy world is experiencing, is moving fast, adding new components to the energy puzzle, and reducing others. The growing demands and need for oil and gas exploration and production is growing here in the United States, as well as around the world. Also, new innovative, green, cost-effective, energy saving technologies are in more demand now than ever before.” Mr. Shipley went on to say, “We intend to use our new platform to acquire and or joint venture oil and gas exploration. We also plan to position our platform to expand and multiply corporate growth by acquiring and forming joint ventures with select, innovative companies that have unique, new technologies involving conservation of water, gas, and power, new batteries with longer life spans, renewables, and emissions.” The new SITS subsidiary. Pure Oil & Gas, Inc. has its own website at www.pureoilgas.com.
– Letter of Intent to Acquire a Forty Percent Ownership Interest in Smarter Flush Marketing, LLC
On October 14th SITS announced that it has entered into a Letter of Intent with Smarter Flush Marketing LLC for SITS to acquire a Forty percent ownership interest in the Nevada limited liability company. James Shipley, CEO of SITS, commented, “We are excited at the prospect of our investment in Smarter Flush Marketing and look forward to finalizing the transaction.”
Mel Kanar, founder of Smarter Flush, said, “Over the past 13 years we have sold thousands of our kits to homeowners, hotels, motels, and apartments. All of our customers were interested in saving money, reducing wasted water, and improving performance of their toilets, without the expense of purchasing and installing a new toilet. Through most of the United States, especially the West, many states are running out of water and the cost of water is increasing. With the toilet being the biggest user of water in an average home, it only makes sense to replace the outdated 1950s flapper and chain mechanism with the water-saving and cost-effective Smarter Flush kit. Most of the Smarter Flush products can be installed without tools and can pay for themselves within a short period of time. Smarter Flush products are available at Lowes, Amazon, Walmart, Wayfair, Ace, and True Value and will be coming soon to Home Depot and Ferguson Plumbing. Smarter Flush is excited to become a part of the Southern ITS International.”
– SITS and Atacama Minerals Inc. Sign Definitive Agreement
On August 26th SITS announced that it and Atacama Minerals, Inc. signed a definitive agreement, whereby SITS will own a thirty percent (30%) interest in Atacama Minerals, Inc.
Mr. Daniel Miroli, Chief Operating Officer of Atacama Minerals and its wholly owned Chilean subsidiary, Minera Los Apires SpA, said, “We are 100% owners of the Flamenco Gold Mining project located in the world-renowned Atacama Desert Fault, regional home of several major gold and copper mining operations and exploration projects. Our mineral leasehold is 1830 hectares, approximately 4500 acres.”
The Flamenco Project is located in the coastal Chilean mountain range some 15 kilometers from the ocean, surrounded by a number of world-class mining operations. Twenty kilometers to the East is Mantoverde Mine, a major copper-gold mining operation in the process of a billion-dollar production and processing expansion plan. South and West next of the Flamenco project, is El Zorro, a large exploration project headed by Tesoro Resources which is an Australian public company. They recently announced an initial maiden gold resource estimate of 660 kilo ounces representing a dollar value of around $1.15 billion. These estimate results only represent less than 1/3 of the 60,000-meter drilling campaigns completed.
The announcement by Tesoro Resources is a confirmation of Flamenco's own geological study findings and results since both projects are in the same mineralized geological structural body.
Further information concerning the Mantoverde Mine can be found here:
Further information concerning the Tesoro Resources El Zorro Project can be found here:
For more information on Southern ITS International, Inc. (OTC: SITS) visit: http://www.sitsintl.com/
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Source: EIN Presswire