HNRC
COMPLETES AUDIT FOR NASDAQ LISTING
HOUSTON,
TX -- June 30, 2021 -- InvestorsHub NewsWire
-- Houston Natural
Resources Corp. (OTC:
HNRC) ("HNR or the Company") has completed its
initial audit for its subsidiaries Houston Natural Resources, Inc
and Worldwide Diversified Holdings, Inc.
This is
one of the requirements for its anticipated NASDAQ listing later
this year.
The
Company anticipates
reaching a Market
Capitalization
in
excess
of $50
million
dollars, with a
minimum
bid price
of $4.00 per share, in addition to
meeting all
the
other
minimum
requirements for the
NASDAQ listing.
The
Company's subsidiary currently owns $60 million in appraised oil
and gas reserves with an asset
value of more than
$4.00 per
share.
The Company has
previously announced that it intends to focus on realizing the
value on the total of $9.67 per share in assets held by its
subsidiaries for the benefit of the shareholders.
The
company projects it will meet the NASDAQ listing requirements
providing for it to trade on
the exchanges
in the fourth quarter of 2021.
HNRC
is a
diversified holding company that has two
subsidiaries,
Houston Natural Resources, Inc ("HNRI")
and
Worldwide
Diversified Holdings, Inc ("WDHI").
HNRI
owns
oil
and gas
properties and a
waste-water treatment
plant. WDHI has
business
operations that provide products & services in the Information
Technology & Healthcare markets.
About
Houston Natural Resources Corp
Houston
Natural Resources Corp (www.HoustonNaturalResources.com)
(OTC:HNRC).
The Company is dedicated to increasing shareholder value through
developing natural resources with state-of-the-art innovative
technologies in tandem with sustainable environmental services of
toxic oil field waste disposal and recycling that are
environmentally safe and socially
responsible.
About
Worldwide
Diversified
Holdings,
Inc.
Worldwide
Diversified Holdings, Inc.(www.wdhinc.net).
The company is a diversified holding company
with business operations and investments. The portfolio companies
include investments in
information technology and healthcare.
FORWARD-LOOKING
STATEMENTS:
This
press release may contain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements other than statements of historical facts included in
this press release may constitute forward-looking statements and
are not guarantees of future performance or results and involve a
number of risks and uncertainties.
Contact:
Houston
Natural Resources Corp.
E-mail:
frank@HoustonNaturalResources.com
Houston
Texas USA.
