Golden Triangle Ventures acquired Texas Oil and Minerals, Inc. (OTCPK:TOMI) on July 15, 2019. As a part of the transaction, Steffan Dalsgaard will now be acquiring the controlling interest of Texas Oil & Minerals, Inc. from the former Chief Executive Officer and Founder of Texas Oil & Minerals, Inc., Tom Gouger. The combined company will be known as Golden Triangle Ventures. In addition, Jack Thompson will be resigning from Golden Triangle Ventures and Steffan Dalsgaard will become the new Chief Executive Officer and Chairman of the Board.

Golden Triangle Ventures completed the acquisition of Texas Oil and Minerals, Inc. (OTCPK:TOMI) on July 15, 2019.