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Global Oil Tools

Grifco International Acquires Global Oil Tools and Global Libya Manufacturing Facility Project

HOUSTON, TX – July 11 (SEND2PRESS NEWSWIRE) — The Lyamec Corporation announced today that Grifco International’s (OTC Pink Sheets: GFCI) acquisition of Global Oil Tools for $4.5 million in cash and stocks has been finalized after intense negotiations involving Global Oil Tools, The Lyamec Corporation and American Finance Corp.

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