SOURCE: Smart Ventures, Inc.

March 13, 2014 05:15 ET

Smart Ventures Announces Joint Venture Agreement

HOUSTON, TX--(Marketwired - Mar 13, 2014) - SMART VENTURES, INC. (PINKSHEETS: SMVR) (OTC Pink: SMVR) announces that it has entered into a joint venture agreement with International Equity Partners Oil & Gas to jointly acquire midstream assets and drilling services companies to help the growth of the company. The parties have identified specific target assets and is conducting due diligence on the opportunities. International Equity Partners Oil & Gas has acquired a significant minority equity stake in the company through a private placement transaction that will be mutually beneficial to both companies as a strategic investment partner.


Smart Ventures is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. To learn more about the Company, visit:


INTERNATIONAL EQUITY PARTNERS OIL & GAS, INC. is a Canadian energy holding company. The company's purpose is to acquire oil and gas assets, oil and gas exploration, midstream assets such as refinery and pipeline, transportation and other synergistic assets. To learn more about the Company, visit:


This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business." Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

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