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Non-Tech : Le coin des francophones -- Ignore unavailable to you. Want to Upgrade?

To: MICHEL GUIBERT who wrote (11529)	1/25/2000 6:05:00 PM
From: AriKirA	Respond to of 77509

SCI recommence a transiger demain... Les deux dernieres nouvelles qui ont sorti durant le halt. A suivre pour demain! Spartacus to raise $2-million privately Spartacus Capital Inc SCI Shares issued 2,500,000 Jan 14 close $0.75 Tue 25 Jan 2000 News Release Mr. Mark Brown reports further to news in Stockwatch Jan. 17, 2000, the company has arranged a brokered private placement of three million special warrants to raise gross proceeds of $1.95-million. Global Securities Corp. has agreed to act as agent for this financing. The private placement will satisfy a condition in the letter of intent with Mycitymarket.com Inc. that Spartacus raise financing for the expansion and operations of Mycitymarket.com. The special warrants will be sold through Global at a price of 65 cents each. A special warrant will be exercisable into one common share, without further payment, upon the earlier of the issuance of a receipt by the B.C. Securities Commission for a prospectus to be filed by Spartacus, the filing of an annual information form, or 12 months from the date of issuance of the special warrants. Closing of the private placement is subject to the completion of the acquisition of Mycitymarket.com and acceptance for filing by the Canadian Venture Exchange. These securities will not be registered with the U.S. Securities and Exchange Commission and may not be offered in the United States without registration or an applicable exemption from registration requirements. On Jan. 17, 2000, Spartacus announced in Stockwatch that a letter of intent was signed to acquire 100 per cent of Mycitymarket.com. Mycitymarket.com is an innovative e-commerce marketing company, building local marketplaces on the Internet. Existing retail merchants are provided with a Web presence, e-commerce capabilities and marketing directly focused on building local Web traffic. Subject to completion of satisfactory due diligence, Global has agreed to act as sponsor with respect to the acquisition of Mycitymarket.com by Spartacus. An agreement to act as sponsor should not be construed as any assurance with respect to the merits of the acquisition or the likelihood of completion. Spartacus will pay Global a sponsorship fee of $15,000, a corporate finance fee of 0.5 per cent and commission of 7.5 per cent. Spartacus will also issue Global warrants to purchase common shares for 10 per cent of this private placement. A finder's fee of $25,000 and 25,000 common shares will be paid upon completion of the transaction. The common shares of Spartacus to be issued to the shareholders of Mycitymarket.com will be subject to escrow and/or hold periods in accordance with the Canadian Venture Exchange and applicable securities laws. Further, one million of the common shares to be issued to the principals of Mycitymarket.com will be subject to certain additional performance-related escrow criteria, as agreed in the letter of intent. Spartacus has scheduled a shareholders meeting for March 29, 2000, at 2 p.m. to approve the acquisition of Mycitymarket.com, the change of name of the company to Mycitymarket.com Inc. and to adopt a stock option plan. Upon completion of the transaction, a new stock symbol will be assigned. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com Spartacus Capital Inc - Spartacus to acquire Mycitymarket.com Spartacus Capital Inc SCI Shares issued 2,500,000 2000-01-14 close $0.75 Monday Jan 17 2000 Mark T. Brown reports On Jan. 14, 2000, a letter of intent was signed to acquire 100 per cent of Mycitymarket.com Inc., a B.C. company. Mycitymarket.com is an innovative e-commerce marketing company, building local marketplaces on the Internet. These destinations offer local consumers a variety in e-commerce shopping from their favourite local merchants, as well as community information and local discussion groups. Existing retail merchants are provided with a Web presence, e-commerce capabilities and marketing directly focused on building Web traffic. Mycitymarket.com currently operates in British Columbia and growth plans are under way for expansion into the rest of Canada, the United States and beyond. Sales have already started to grow and the revenues come from a combination of set-up fees for merchants and commissions on all Web site sales. Mycitymarket.com expects a rapid growth trend similar to Chapters.ca or Amazon.com. In the last three months, Mycitymaket.com has signed up 14 merchants including Audio Video Unlimited, Daniadown Quilts, Urban Barn, Sicklemore's Flowers, Kerrisdale Cameras and Gravity Computers. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com