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Gold/Mining/Energy : WIZ , (WSI Interactive) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (103)	11/26/1999 6:32:00 PM
From: maxed	Read Replies (1) \| Respond to of 421

This is very good. restaurant-help.com WSi to take 25% interest in Restaurant-Help.com and announces a private placement to raise $500,000 VANCOUVER, Nov. 26 /CNW-PRN/ - WSi INTERACTIVE CORPORATION Symbols: VSE-WIZ OTC-WIZZF WSi Interactive Corporation is pleased to announce that it has negotiated an alliance with Restaurant-Help.com, pursuant to which it shall provide services to Restaurant-Help.com in exchange for a 25% interest in that company. Restaurant-Help.com is an online resource for restaurant owners and operators, designed to help the restaurant owner and operator meet the daily challenges of the restaurant business. The site provides a venue for staff hiring, the purchase and sale of restaurant equipment and products, and a place to advertise the sale of restaurant businesses themselves. According to the National Restaurant Association there are over 800,000 locations in the United States and more than 10.2 million people are employed in the restaurant and hospitality industry. ``This alliance with Restaurant-Help.com, when combined with our recent launch of YourWineStore.com, enhances our position in the hospitality industry,' said WSi President, Theo Sanidas. ``Not only will WSi receive revenue from the alliance, the affiliation will help position YourWineStore.com as the industry leader.' The Company also wishes to announce that it has negotiated a private placement for 1,250,000 units at $0.40 per unit. Each unit consists of one share and one warrant to buy one share at $0.40 in the first year and $0.46 in the second year. The securities will be subject to a minimum four month hold period. The gross proceeds of $500,000 will be used principally to provide additional working capital to finance the various projects the Company is developing currently. The private placement is subject to regulatory approval