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BCO Hydrocarbon Successfully Completes Sauer Energy Acquisition; Dieter Sauer Appointed CEO and Director
August 13th, 2010
BCO Hydrocarbon Ltd. (OTCBB: BCOZ) ("BCO"), a natural resource exploration company, announced it has successfully completed its previously announced acquisition of Sauer Energy, Inc. (SEI).
In connection with that transaction, SEI Founder, President and CEO Dieter Sauer has been elected BCO President, Chief Executive Officer and a member of the board of directors. As BCO president, Mr. Sauer succeeds Malcolm Albery who remains a member of the board at this time.
Additionally, as a result of BCO's acquisition of Sauer Energy and related shareholder transactions, the Company has effected a change of control through which Dieter Sauer now owns approximately...
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Source: Energy Weekly News (2010-08-13)