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Gold/Mining/Energy : DION ENTERTAINMENT -- Ignore unavailable to you. Want to Upgrade?

To: Calibash who wrote (373)	11/5/1999 9:17:00 AM
From: Hart	Read Replies (1) \| Respond to of 378

Subject: Dion Entertainment Corp. announces President and Chairman appointed To: "Portfolio Email User" <portfolio@newswire.ca> Attention Business Editors: Dion Entertainment Corp. announces President and Chairman appointed SURREY, BC, Nov. 5 /CNW/ - Dion Entertainment Corp. (the ''Company'') (TSE:DIO) The Company reports that changes have been made to the Corporate structure. Mr. Leo Dion, current President and CEO, and founder of the Company, will now assume the role of Chairman of the Board of Directors, a position left vacant by the passing of Mr. Alan Campney in August. The change will be effective November 4th, 1999. As of today's date, Mr. Bill Danychuk will be named as the new President of the Company. Mr. Danychuk has an extensive background in bingo that spans all aspects of the industry from bingo hall operations to television bingo. He has a proven record of success in upper management within the bingo industry. Bill served as President of Bingo King USA from 1984-1988 and as President of Bazaar and Novelty Canada, the largest producers and suppliers of bingo products and equipment in their respective countries. Mr. Danychuk, is a recognized industry leader in all aspects of charitable bingo and was Executive producer of the first successful regional television bingo game for charities in Ontario, Canada. Mr. Danychuk commented: ''I see this as an exciting opportunity in a dynamic situation. My 30 years of experience in the industry has taught me to spot potential and Dion Entertainment truly is positioned to be a world leader in this industry. I am very proud to accept this appointment and eager to take charge of making the Company's vision a reality. There are a number of fronts that we can act on immediately and I am beginning today to set plans in motion that will strengthen existing operations and capture new opportunities to generate income for the company. Add to that the tremendously exciting interactive television gameshow and the internet project and you have a company poised for huge success. I intend to put all my contacts and experience to work with our team to make that happen quickly and to see that the Company's success is sustainable for the long-term.'' The Company continues to pursue its goal to be the largest and most diversified bingo entertainment company in the world. -0- 11/05/1999 For further information: Theresa Gortva, Corporate Communications, Dion Entertainment Corp., No. 205, 17700 No. 10 Hwy. Surrey, British Columbia, V3S 1C7, (604) 535-7333, Fax (604) 535-7383, Toll free (877) 535-7333, www.dion-bingo.com, e-mail: stock@dion-bingo.com -------------------------------------------------------------------------- Release sent courtesy of Canada NewsWire Portfolio Email. To update your email portfolio, point your web browser here: portfolio.newswire.ca Please address any questions about your portfolio to cnw@newswire.ca