Raven Resources Corp. Evaluates Spindletop Concrete Acquisition but Does Not Complete Transaction

March 13, 2023

Dallas, TX – March 13, 2023 – Raven Resources Corp. has concluded its evaluation of Spindletop Concrete, a well-regarded provider of specialty concrete solutions, and has decided not to move forward with an acquisition.

Spindletop Concrete is known for its high-quality materials and innovative production techniques. While the company presents strong market potential, Raven Resources determined that the opportunity was not the right strategic fit at this time due to dislocation in the personnel supply.

"Spindletop Concrete is a respected leader in the industry," said Paul Scribner, CEO of Raven Resources Corp. "We appreciate their expertise and look forward to seeing their continued growth and success."

About Raven Resources Corp.

Raven Resources Corp. is a diversified investment and asset management firm focused on real estate, private credit, structured finance, and strategic equity investments. With a disciplined approach to capital deployment, Raven Resources partners with high-growth businesses, hospitality ventures, and entertainment initiatives to drive long-term value creation. The company’s portfolio includes structured financial instruments, land development, and investment in brand-driven entertainment projects. Committed to financial stability and innovation, Raven Resources continues to expand its footprint through strategic partnerships, asset acquisitions, and market-driven investment strategies.

Media Contact

Kelly Delp
kdelp@rvn.rs
(214) 865-9083

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