LEHI, UT — (Marketwire) — 04/04/12 — Agricon Global Corporation (“Agricon,” formerly BayHill Capital Corporation) (OTCBB: BYHL) announced today the completion of its acquisition of Canola Property Ghana Limited (“CPGL”) effective March 31, 2012. This project enables Agricon to pursue its objective of engaging in large-scale crop farming in Ghana. The transaction will be accounted for as a reverse merger with CPGL as the surviving company and remaining as a wholly owned subsidiary of the Company. The new shareholders from the CPGL transaction will own about 66% of the Company in the form of 12,000,000 shares of newly issued common stock issued under the Stock Exchange Agreement. The Company recently changed its name from BayHill to Agricon to reflect this new focus and the Company will soon apply for a new trading symbol.
Agricon announced further that it has received cash of $500,000 and subscriptions for $110,000 toward its continuing private placement of up to 2 million shares for a total of $1,000,000.
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Los Angeles, California, February 21, 2012—Proteus Energy Corporation (“Proteus Energy”), today announced the closing of a $10 million secured line of credit with Platinum Partners Credit Opportunities Fund (“PPCO”), a private investment fund managed by New York based Platinum Partners. Funds will be used for the drilling of new wells at Proteus’ Northwest Lost Hills oil and gas field in Kern County, California and for its share of the costs related to continued development of the Lynch Canyon heavy oil field in Monterey County, California. PPCO also received equity in Proteus in the form of preferred shares.
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Lehi, Utah, January 24, 2012—BayHill Capital Corporation (OTC Bulletin Board: BYHL), announced today their plans to acquire Canola Property Ghana Limited (CPGL) in a reverse merger transaction. CPGL is a private company incorporated in the Republic of Ghana West Africa to lease land and develop agricultural operations.
The share for share exchange will be treated as a reverse merger. Closing of the reverse merger is subject to certain and customary conditions, including the adoption of the merger agreement by both companies and the completion of the private placement of at least $600,000 of BayHill common stock under a planned private placement by BayHill. If consummated, the transaction will result in a change in control of BayHill. The parties may terminate the merger agreement if the merger is not completed by February 29, 2012. In connection with the change of control it is expected that there will also be a change to the board of directors and management of BayHill.
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Los Angeles, California, September 19, 2011 – PacificWave Partners, an innovatory global merchant bank and investment management firm, is pleased to announce that Gedda-Headz, a promising mobile gaming company, has engaged PacificWave Partners to raise its next round of financing.
Gedda-Headz has developed a multiplayer social mobile gaming application, compatible with today’s most common cell phone operating systems, including those on non-smart phones. Nokia recently announced that this game along with the popular game, Angry Birds, will be the sole preinstalled games on most their next generation products.
“I am very excited to be raising capital for such an auspicious company,” Henrik Rouf, Managing Director of PacificWave Partners stated. “The mobile gaming industry is a rapidly growing market, by many considered far more valuable and viable than the conventional gaming market, and with its comprehensive agreement with Nokia, Gedda-Headz’s future looks promising.”
PacificWave Partners intends to close the financing by yearend.
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Los Angeles, California, September 6, 2011 – PacificWave Partners, an innovatory global merchant bank and investment management firm, is pleased to announce it has launched its new Luxembourg offices, appointing Mr. Henrik Oerbekker as Managing Partner.
In addition to its Los Angeles, Copenhagen and Berlin offices, PacificWave Partners is now also represented in Luxembourg, strategically expanding its network within the European business arena. Currently, Luxembourg provides one of the healthiest and viable economies on the continent, and being famous for its lucrative business conditions and favorable legislation, this expansion is a natural advancement for PacificWave Partners.
With a widespread experience within international finance, Mr. Henrik Oerbekker will skillfully attend to the day-to-day management of the entity, solidifying PacificWave Partners already strong presence in Europe.
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SUNNYVALE, CA — (MARKET WIRE) — 08/22/11 — POWRtec (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to announce the addition of a new member to its Nordic Advisory Board.
Henrik Rouf is an international financier with over 20 years’ experience in the global financial services industry. Mr. Rouf is highly specialized in the US markets, yet braced by a native and educational background in Denmark. The board has been established to assist the company in locating key growth and investment opportunities within the smart grid market in Nordic countries. As a growing market leader in the use of smart metering systems, the Nordic region demands particular attention.
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Lehi, Utah and Santa Monica, California, August 8, 2011—BayHill Capital Corporation (OTC Bulletin Board: BYHL) and Proteus Energy Corporation, a privately held company, announced today that they entered into a merger agreement pursuant to which BayHill will acquire Proteus in a reverse merger transaction.
The consummation of the merger is subject to certain and customary conditions, including the adoption of the merger agreement by Proteus stockholders and the raise of at least $2 million of a planned $5 million private placement by BayHill, and if consummated will result in a change in control of BayHill. The parties may terminate the merger agreement if the merger is not completed by October 31, 2011. In connection with the change of control there will be a new board of directors and management of BayHill.
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