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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: campe who wrote (26617)12/12/1997 12:06:00 PM
From: Ellen  Read Replies (2) of 55532
 
The cash is NOT delayed into Jan. The $5M cash is to be placed by Dec. 24. It's the remaining $5M loan that is to be transferred in January.

Friday December 12, 10:04 am Eastern Time

Company Press Release

Rocky Mountain International Ltd. Announces Rocky Mountain Crystal
Water Inc. Has Received Confirmed Date for Funding

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec. 12, 1997--Rocky Mountain International Ltd. (Formerly Olympus Ventures Inc.) (OTC BB:RMIL - news) announced Thursday, Dec. 11, 1997 that the placement of $10 million in funding to Rocky Mountain Crystal Water Inc. is scheduled to take place.

$5 million in equity will be transferred to the company by Dec. 24, 1997, and a $5 million loan will be transferred in the beginning of January 1998.

The funds were expected to be placed by the end of November of 1997, but due to technical arrangements, foreign funds were delayed. The slight delay in funding didn't compromise any negotiations or work in progress of Rocky Mountain International Ltd. (RMIL).

RMIL is a bottler of pure spring and premium artesian drinking water and garment manufacturer. RMIL is focusing on manufacturing, distributing, and retailing bottled water and physical fitness garments and products, which the company believes to be one of the fastest growing and most lucrative areas in the commercial marketplace.

Contact:

Rocky Mountain International LTD.
Roland Breton, 954/565-9292
E-Mail: ovisusa@aol.com
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