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To: xenon who wrote (12901)2/18/2000 5:08:00 PM
From: xenon  Respond to of 77509
 
MCE News OUT!!
Maracote to acquire 591729 B.C.

Maracote International Resources Inc
MCE
Shares issued 20,008,648
2000-02-17 close $0.3
Friday Feb 18 2000
Mr. Chet Idziszek reports
The company has entered into a letter of intent to acquire, subject to regulatory
approval, all of the issued shares of 591729 B.C. Ltd. (591), a private company
involved in the development of Asian language and Linux-based e-commerce
solutions, integrating systems, software and services. The principals of 591 have
broad-based technical expertise in Asian language computing and communication,
systems and software design and the Linux operating system which will enable it to
provide high-quality Linux-based systems designed for optimal performance,
reliability and scalability for multilingual/multinational e-commerce, education,
scientific research and personal use.
In conjunction with this acquisition, Maracote has agreed, subject to shareholder
approval, to consolidate its share capital on a 1 for 10 basis. The consideration for
the acquisition of the shares of 591 will be 10 million postconsolidated shares of
Maracote.
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