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Gold/Mining/Energy : Buckey's Bottom Bounce Short Term Picks (CDN ONLY) -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (1040)	9/22/1999 8:43:00 AM
From: Mr Metals	Respond to of 5887

Active Assets & Associates Inc. (formerly Orinoco Gold Inc.) activeassets.com VSE: AAA NEWS RELEASE $1.75 MILLION FINANCING / TRADING TO RESUME September 16, 1999 The Company is pleased to announce that, subject to Vancouver Stock Exchange acceptance, it has arranged funding totalling $1.75 million as follows: NON-BROKERED PRIVATE PLACEMENT - up to 1,500,000 units at $0.70 each, for total proceeds of $1,050,000. Each unit will consist of one common share of the Company and one non-transferable warrant entitling the holder to purchase one additional share exercisable for one year at $0.90. A 7.5% finder's fee of $14,550 is payable on the sale of 277,144 of these units. BROKERED PRIVATE PLACEMENT - 1,000,000 units at $0.70 each, for total proceeds of $700,000. Each unit will consist of one common share of the Company and one non-transferable warrant entitling the holder to purchase one additional share exercisable for one year at $0.90. Goepel McDermid Inc. has been appointed to act as agent to sell the 1,000,000 units by way of private placement. In consideration therefor, the Company will issue to Goepel warrants entitling it to purchase up to 250,000 common shares of the Company exercisable for one year at $0.90 per share. The proceeds from these financings will be used to further develop the Company's e-commerce business which is focused on the creation of a highly sophisticated business-to-business website (http://www.ActiveAssets.com) that will facilitate live and on-line auctions and liquidations of corporate assets. The Company's shares will resume trading on the Vancouver Stock Exchange under its new name, Active Assets & Associates Inc. and symbol (VSE:AAA), on Friday, September 17, 1999. ON BEHALF OF THE BOARD OF DIRECTORS Per: "signed" Simon Ridgway, Director ===================================== FOR MORE INFORMATION, PLEASE CONTACT: Eugene Toffolo, Corp. Communications Email: mailto:info@ActiveAssets.com Tel: 604-688-5288 Fax: 604-682-1514 Toll Free: 877-688-5288 Tom Haibeck, A.P.R., Media Relations The Haibeck Group Tel: 604-683-7996 ===================================== The Vancouver Stock Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release. ************************************************************************* This bulletin is sponsored and has been sent to you for no charge. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! To remove yourself from this mailing list, access this URL: stockwatch.com For more information about this service please contact the advertising department at Stockwatch 800.268.NEWS or 604.687.1500 ************************************************************************