CVVLF News Release
From: Canalaska Ventures Ltd. (CVV) canalaska.com mailto:info@canalaska.com --------------------------------------------------------------------------- Re: News Release - Thursday, April 27, 2000 Newsgurus.Com Launches New Website =========================================================================== The Management of CanAlaska Ventures Ltd. ("CanAlaska") is pleased to announce that the newsgurus.com e-Commerce enabled web site is now in operation.
NewsGurus.com, Inc, ("NewsGurus") is a news media company utilizing Internet technology to provide expert opinion and analysis of news and current events. NewsGurus has developed a dynamic database-driven web site that categorizes and centralizes opinions and thoughts of a wide-ranging group of recognized experts. Initially focused on the areas of Finance and Investments, plans exist for additional modules providing trusted commentary in the areas of Health and Wellness, and Lifestyles.
NewsGurus members can interact with a growing list of established analysts and members. Analysts can aggregate and syndicate their content to the web, radio and print media at no cost to them. Public companies can communicate with our members. E-commerce partners will provide members with discounted goods and services. The Newsgurus Points program will benefit all participants while an existing member referral program will award a US$3,000 cash prize to the person who introduces NewsGurus to the largest number of new registrants.
Chris Bunka, President and CEO of NewsGurus.com, says, "We are pleased to be able to launch our web site on schedule and under budget. Our development team has built a particularly robust and flexible engine around which we will be adding innovative features. Our content is exclusive to NewsGurus and as such most of our content is not available elsewhere on the Web nor in traditional media."
CanAlaska can earn up to 26% of NewsGurus.com Inc, and 51% of a joint venture company with exclusive rights to EuroNewsGurus, through staged equity payments. Through its investments in the NewsGurus companies, CanAlaska can become an important content aggregator bridging the convergence gap between New Media and Old Media.
CanAlaska is a Tier One - CDNX diversified resource exploration company with investments in two growth oriented information technology companies which have the potential to become industry leaders in their fields - NewsGurus (see release March 23, 2000 - website www.newsgurus.com) and WebDispatchers (see release February 23, 2000 - website webdispatchers.com ).
CanAlaska is debt free and is in the process of raising an additional $4.5 million dollars (see release February 23rd, 2000).
On behalf of the board of directors
Harry Barr, President
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release S.E.C. 12g3-2(b) Reg #82-2131 CUSIP#45921W100 Listed: Standard & Poors |