Big Valley Resources (BV-ASE) Message Board

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Gold/Mining/Energy : Big Valley Resources (BV-ASE)

BV 12.77

-0.8%

2:31 PM EST

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To: Spiney who wrote (204)	4/20/2001 1:53:06 PM
From: bcjt	of 231

Big Valley receives CDNX approval Big Valley Resources Inc BV Shares issued 22,842,889 Feb 22 close $0.13 Fri 20 Apr 2001 News Release Mr. Art Thiessen reports Further to Big Valley's press release as reported in Stockwatch April 16, 2001, the Canadian Venture Exchange has approved a purchase and sale agreement between the company and 568674 British Columbia Ltd. whereby the company acquires the right to purchase a 100-per-cent interest in the QR mine property near Quesnel, B.C. The exchange has also approved the creation and execution of an escrow agreement wherein approximately $1.4-million will be raised and held for the following: six months of general and administration cost; six months of loan payments; reclamation bonding; and first phase of exploration. The company will file a final and executed copy of the escrow agreement along with a debt settlement agreement with trade creditors and insiders at terms which are satisfactory to the exchange when available. The company expects its shares will resume trading Monday, April 23, 2001. (c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com bcjt

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