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HNRC buys remaining stake in Cunningham Energy

Houston Natural Resources Corp (HNRC) has announced the acquisition of Cunningham Energy, an independent oil and gas producer. The financial value of the cash and securities deal, which increases HNRC’s net asset value to $3.35 per share, was not disclosed.

CNRC TO ACQUIRE INTEREST IN COPPER MINING COMPANY

Houston Natural Resources Corp (OTC: HNRC) ("HNRC or the Company"), now known as Cunningham Natural Resources Corp ("CNRC"), announced today that it is acquiring a 10% interest in Kharrouba Copper Company, Inc ("KCC" or "Company") with the potential to increase its position over time. Based on the investment being made by HNRC, KCC would have an enterprise value of about US$60 million dollars.

HNRC ACQUIRES 100% INTEREST IN CUNNINGHAM ENERGY LLC

ouston Natural Resources Corp (OTC: HNRC) ("HNRC or the Company") announced today that it has completed the acquisition of a 100% interest in Cunningham Energy, LLC ("CE" or "Cunningham Energy"), increasing HNRC's net asset value (NAV) $3.35 Per Share.