Transglobal Oil, Corp. Announces Signing Definitive Agreement to Merge with Energy Farms, Inc., a Wholly Owned Subsidiary of Nanoforce, Inc.

        Print
| Source: Transglobal Oil, Corp.

EL PASO, Texas, June 9, 2006 (PRIMEZONE) -- Transglobal Oil, Corp. (Pink Sheets:TGOC), announced the signing of a definitive agreement to merge with Energy Farms, Inc. a wholly owned subsidiary of Nanoforce incorporated in the State of New Mexico.

The merged company, Transglobal Oil, Corp. (www.tgoiltech.com), will be incorporated in New Mexico. The pending agreement requires Transglobal to issue 9 million common and 30 million preferred super voting shares to Energy Farms, Inc. shareholders resulting in a total of approximately 10 million common shares and 30 million preferred Transglobal shares issued and outstanding.

Transglobal Oil, Corp. will focus on the worldwide commercialization of heavy crude oil based distributed energy systems. These modular distributed energy systems (called energy farms) are designed to overcome social and environmental objections to building new refineries and produce a more secure energy supply. They integrate processes that convert low value heavy crude oils into high value lighter sweet crude and use refinery by-products and low value resources like desert land, sunlight, and brackish water to produce biodiesel, electricity, and fresh water. The Company's distributed energy units employ an environmentally conscious production system using patented and patent pending advanced materials and processes previously developed at Energy Farms, Inc.

Nanoforce CEO and interim Transglobal President, David Rendina, says, "Up to now we have exclusively focused on developing products for domestic markets, and Nanoforce intends to stay focused on these markets. However, we see enormous potential for this technology worldwide. This merger creates a new globally focused business, and we believe it will attract new management skilled in the development of commercial opportunities in global markets."

About Nanoforce, Inc.

Nanoforce (Pink Sheets:NNFC) is engaged in the research, development, acquisition and commercialization of advanced materials science products and processes including nanotechnology. Nanotechnology is the science of building and manipulating materials, devices and processes on the scale of atoms and molecules (one billionth of a meter). According to market research, it is estimated that worldwide revenues from products using nanotechnology will increase to $2.6 trillion in 2014, equal to about 15% of global manufacturing output, from $13 billion in 2004 (Lux Research). Nanoforce is taking advantage of rapid innovation in materials science to meet critical needs in growing industry sectors including petroleum refining and biodiesel production. For more information, please visit www.nanoforcetechnologies.com.

About Energy Farms, Inc.

Energy Farms is a developer of alternative energy solutions. The company has developed a commercialization plan that incorporates the sale of Energy Farm Franchise Units that will produce clean transportation fuels, biodiesel, electricity, and fresh water from otherwise unusable land, sunlight, and brackish water using patented and patent pending advanced materials and processes. These farms will be designed to convert low value resources into high value products using an environmentally conscious "closed loop" production system.

Safe Harbor Act Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties.

Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.

The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to thoroughly research any company quoted exclusively in the Pink Sheets.

Transglobal Oil, Corp.
(604) 288-7703

www.tgoiltech.com
4800 N. Stanton St. Unit 186
El Paso, TX  79902