SOURCE: Eos Petro, Inc.

Eos Petro, Inc.

July 30, 2015 08:30 ET

Eos Petro Engages Deloitte Corporate Finance, LLC

Deloitte to Advise and Assist in M&A, Capital Sourcing Activities

LOS ANGELES, CA--(Marketwired - Jul 30, 2015) - Eos Petro, Inc. ("Eos") (OTCQB: EOPT) today announced that it has engaged Deloitte Corporate Finance, LLC ("Deloitte" or "DCF") to provide corporate finance advisory services in connection with the efforts of Eos to pursue acquisitions and raise additional equity and debt capital.

"Deloitte brings the depth of experience needed to help Eos refine and implement its growth and revenue generation strategies," said Martin Oring, CEO of Eos. "We anticipate that our relationship with DCF will deliver the quality of acquisition candidates and strategic investment capital required by Eos to achieve and obtain long term success."

"Eos is an ideal client for DCF, and presents an outstanding opportunity for our respective teams to work together and create liquidity, achieve growth, and facilitate long-term advantage," said Thomas W. Sloop, Managing Director and Head of Oil & Gas Investment Banking at Deloitte. "Our reach, both in terms of capital relationships and markets, enables us to act as a force multiplier to assist clients like Eos to realize their full potential."

About Deloitte Corporate Finance
Deloitte Corporate Finance LLC ("DCF") provides strategic advisory, investment banking services, and M&A advice that help corporate, entrepreneurial, and private equity clients create and act upon opportunities that result in sustained growth and profitability. With an in-depth understanding of the marketplace and access to its global network of capital providers, DCF helps clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with member firms of Deloitte Touché Tohmatsu Limited, include a network of over 1,900 professionals who work collaboratively across 150 international locations. With its significant experience in providing investment banking services across the entire energy value chain, DCF is able to offer concrete solutions to its oil & gas clients that help achieve their strategic objectives. For additional information, please visit www.investmentbanking.deloitte.com.

About Eos Petro
Eos Petro, Inc. is a U.S. listed company that is in the business of acquiring, exploring and developing oil and gas-related assets, both domestically and internationally. Eos' current, active properties are located in the Illinois Basin. For further information, please visit the company's website at www.eos-petro.com.

Forward-Looking Statements
This press release contains or is based upon projections, expectations, beliefs, plans, objectives, assumptions, descriptions of future events or performances and other similar statements that constitute "forward looking statements" that involve risks and uncertainties, many of which are beyond our control. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "will likely result," "expect," "will continue," "anticipate," "seek," "estimate," "intend," "plan," "projection," "would" and "outlook," and similar expressions. All statements, other than statements of historical facts, included in this press release regarding our expectations, objectives, assumptions, strategy, future operations, financial position, estimated revenue or losses, projected costs, prospects and plans and objectives of management are forward-looking statements. All forward-looking statements speak only as of the date of this press release. Our actual results could differ materially and adversely from those anticipated in such forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: general volatility of the capital markets and the market price of our common stock; changes in our business or investment strategy; availability, terms and deployment of capital; availability of qualified personnel; changes in our industry and the market in which we operate, interest rates or the general economy; and the degree and nature of our competition. These and other risk factors are more fully discussed in Eos' filings with the Securities and Exchange Commission. It is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained or implied in any forward-looking statement. We undertake no obligation to update any forward-looking statements or other information contained herein. Stockholders and potential investors should not place undue reliance on these forward-looking statements. Although we believe that our plans, intentions and expectations reflected in or suggested by the forward-looking statements in this press release are reasonable, we cannot assure stockholders and potential investors that these plans, intentions or expectations will be achieved. These cautionary statements qualify all forward-looking statements attributable to us or persons acting on our behalf.

Contact Information

  • Eos Company Contact
    Martin Oring
    CEO
    Eos Petro, Inc.
    +1 310.552.1555

    Deloitte Corporate Finance Contact
    Thomas W. Sloop
    Managing Director
    832-846-5268
    Email Contact

    Media / Investor Contacts
    Michael Briola
    CEO
    Motion Communications, Inc.
    +1 541.482.0919
    Email Contact