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Strategies & Market Trends : Stocks to Watch

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To: Shaw who wrote (181)5/2/2001 7:53:08 PM
From: brian krause  Read Replies (1) of 592
 
SOL News.

Solaia Ventures Inc - News Release
Solaia cancels acquisition agreement with MIPPS
Solaia Ventures Inc SOL
Shares issued 4,172,001 2001-05-01 close $0.05
Wednesday May 2 2001 News Release

Mr. Arndt Roehlig reports
Solaia has cancelled the agreement in which it would acquire all the shares in MIPPS Inc., a Toronto-based wireless high-speed broadband access services company. The cancellation is a result of being unable to reach an agreement with the shareholders of MIPPS Inc. that reflects the current financial market conditions.
Solaia will be continuing in the oil and gas sector with the development of the 18R property in California, and will be looking for additional opportunities in the oil and gas sector.
Jody Dahrouge, PGeol, has joined the board of directors of Solaia.

(c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com

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