Toronto, Ontario--(Newsfile Corp. - June 18, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced that effective of the date of this press release, the Corporation had signed and that it had entered into a Purchase Agreement where the Corporation has agreed to acquire Opulence Resources Inc., ("Opulence") an Alberta based Private Company for the amount of Twenty-Five Thousand Dollars ("$25,000.00") CDN.
Opulence's assets consist of "General Eligibility" licenses from the Alberta Energy Regulator and another similar license from the Saskatchewan Ministry of Energy and Resources.
These licenses will allow AOC to pursue additional acquisition opportunities that were not previously available to the Corporation as well as operate more efficiently when we bring additional reactivation and recompletion projects on-line in the future.
No finders' fees were paid in connection of the purchase of Opulence and Opulence has no connection to the Management or Directors of the Corporation and therefore the transaction is deemed as an arm's length transaction.