Turner Valley Oil & Gas, Inc. (OTCPK:TVOG) is looking for additional acquisitions. As part of Phase 1 of the new management’s plan, convertible debts and advances from related parties along with former management common shares are being settled in exchange for Preferred B shares. As part of the share retirement effort, the Company has secured executed paperwork from prior management to retire 21,007,275 common shares. This share retirement supports the effort to reduce Turner’s outstanding common share structure as the Company prepares for acquisitions and future capitalization plans. After completing the $25,000.00 seed round previously mentioned the Company has advanced the next round of private placements for $100,000.00 to support growth strategy and fund additional acquisitions. The Company announced it has already received cash and commitments for $87,800.00 of the second round of financing.