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Mr. Osvaldo Iadarola reports
The Canadian Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 20, 2000:
Debenture: $70,000
Conversion price: Convertible into a maximum of 140,000 common shares at 50 cents per share in year one and 70 cents per share in year two
Maturity date: March 15, 2002
Interest rate: 10%
Placees: Stella Johnson (British Columbia), $50,000; Ron Johnson (British Columbia), $20,000
These securities have not yet been issued.
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