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Falcon Crest Energy Acquires Vertically Integrated Construction Company, Restructures

FT WORTH, TX / ACCESSWIRE / April 30, 2015 / Falcon Crest Energy (OTC: FCEN) (the “Company”), a development stage oil and gas exploration and production company, is pleased to announce that it has acquired the membership interests in Cherubim Interests, LLC. Pursuant to an Agreement and Plan of Reorganization dated April 27, 2015, the Company acquired all of the membership interests of Cherubim Interests, LLC, a limited liability company, from Victura Construction Group, Inc.

Cherubim Interests is a subsidiary of Victura Construction Group Inc., (OTC: VICT) which has twelve vertically-integrated subsidiaries in the construction industry. Victura has a dynamic pipeline of activity that includes new, well-defined opportunities as well as the potential for uncovering new business development opportunities and relationships. Current relationships provide for a solid, calculable, recession-proof business with multiple Fortune 500 insurance companies. Cherubim Interests focuses on alternative construction projects, as well as mixed- use, single, and multi-family real estate development, management, and investment opportunities in North America.

Charles Everett, CEO of Victura Construction, stated, “Victura is extremely excited about adding the new entity into our growth model. This further enhances our overall vision and timetable in industry specific development and construction being integrated into our portfolio. The immediate impact of the new relationships and the open doorway to higher level projects and the partner relationships that come with this realm are virtually unlimited in scope and breadth. Our management and stockholders are thrilled that what we saw as a future is quickly becoming the present.”

In the restructure, the company effected a 1-for-15 reverse stock split, such that the 83,626,881 outstanding shares of common stock will be reclassified as 5,575,125 shares of new common stock, issued 60 million shares of new common stock to Victura Construction Group in the exchange, amended the Articles of Incorporation to change the name of the Company to “Cherubim Interests, Inc.,”, accepted the resignation of director and officer Terry Lynch, and appointed new directors and management to work alongside CEO Patrick Johnson. The company intends to file for a symbol change. Additional information regarding the corporate restructure can be found in the company’s Current Report on Form 8-K.

“We are excited at Cherubim Interests to be affiliated with Victura Construction Group and all of our sister companies. We feel that by entering into industry-specific specialized construction sectors as well as tried and trusted real estate development opportunities, we can offer stable, sustainable value for our shareholders establishing a solid foundation with unlimited growth potential.” said CEO Patrick Johnson.

About Victura Construction Group, Inc.

Victura Construction Group, Inc., (OTC:VICT), is a holding company focused on strategic acquisitions within the construction industry that service restoration and re-building needs following catastrophic events. Victura deploys good business practices and management, sound ethics, financial resources, and utilizes strategic industry relationships to help ensure success to any acquired company(s).

For more information, visit www.victuraconstruction.com.

About Cherubim Interests Inc.

More than a buyer, Cherubim Interests is led by highly experienced directors and a notable management team who are experts in their specific disciplines of property management, construction, and finance. We are determined to build on our initial success and fulfill our vision to be a leader in alternaltive construction, and multi-family real estate development, management, and investment.

For more information, visit http://www.cherubiminterests.com/.

SAFE HARBOR

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”). All statements other than statements of historical facts included in this report regarding our financial position, business strategy, plans and objectives of management for future operations, industry conditions, and indebtedness covenant compliance are forward-looking statements. When used in this report, forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about, actual or potential future sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements.

Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our company’s control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following: oil and gas prices, general economic or industry conditions, nationally and/or in the communities in which our company conducts business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our access to capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, and other economic, competitive, governmental, regulatory and technical factors affecting our company’s operations, products, services and prices.

We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

Contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
IR@cherubiminterests.com

SOURCE: Cherubim Interests, Inc.

ReleaseID: 428384

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