TurkPower Corporation to Merge With Producing Junior Manganese Mining Company ACM Corporation

TurkPower Corporation (OTCBB:TRKP) announced plans for a merger with ACM Corporation.

As quoted in the press release:

The merger will be treated as a recapitalization of TurkPower for financial accounting purposes, in which ACM will be considered the acquirer for accounting purposes, and the historical financial statements of TurkPower before the merger will be replaced with the historical financial statements of ACM before the Merger in all future filings with the Securities and Exchange Commission.

Click here for the TurkPower Corporation (OTCBB:TRKP) press release.