Cherubim Interests Inc. Announces Completion of Corporate Actions

DALLAS, TX / ACCESSWIRE / June 16, 2015 / Cherubim Interests Inc. (OTC:FCEN), a development stage construction company, announces that on June 15, 2015 the company received FINRA approval regarding the company's recent corporate actions. The 15:1 reverse-split, name change and pending stock symbol change more accurately reflect the company's operations. The company's former name and trading symbol, Falcon Crest Energy, Inc. and symbol FCEN, will now be Cherubim Interest Inc. and ticker symbol will remain FCEND for the next 20 days. "The new name and ticker symbol, which we will have after the 20 day vesting period highlight our complete focus on becoming an alternative construction and real estate development company. We have some very exciting opportunities on the horizon," stated Patrick Johnson, CEO.

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 alternative construction, and multi-family real estate development, management, and investment.

For more information, visit 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
[phone]
[e-mail]

SOURCE: Cherubim Interests Inc.