True North Energy Corporation (OTCPK:TNEN) is pleased to announce that it plans to pursue additional acquisitions, funding permitting. True North Energy has established a wholly-owned subsidiary, Marco Capital Limited. Marco Capital Limited is planned to explore emerging market, including China, opportunities in various industries.

Chief Executive Officer Gilbert Steedley states, "This investment diversification is in the best interest of the shareholders as it exposes the company to a wide range of opportunities. We feel very confident these strategic moves and continuation of our business plan, funding permitting, will allow us to increase shareholder value."