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Gold/Mining/Energy : Montello Resources

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To: Bob Basil who wrote (3784)	11/16/1999 12:49:00 PM
From: Bob Basil	Read Replies (1) of 4256

News this morning: investment.ca -- a new internet deal to add to the soup: Tuesday Nov 16 1999 Montello Resources Ltd - Montello acquires 90% interest in investment.ca Mr. Patrick Power reports Montello Resources has signed an asset purchase agreement to acquire 90 per cent of the right, title and interest in and to the domain name investment.ca from Divine Investments Inc. The purchase price paid to Divine Investments for the 90-per-cent interest is the sum of $10,000 and the issuance of 100,000 common shares. Montello will transfer the domain name investment.ca to its newly formed private subsidiary investment.ca Online Inc. which will develop and operate the investment.ca Web site business. The ownership structure of investment.ca Online Inc. is: 70 per cent Montello, 20 per cent Daniel J. Power (as per his management agreement as president of investment.ca Online Inc., and 10 per cent Divine Investments Inc. The mission of investment.ca Online Inc. is to become the gateway to the world for investing in Canada and to become the most comprehensive and widely used portal to exclusively Canadian investment opportunities. A finder's fee will be paid for the successful delivery and execution of this transaction.

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