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Gold/Mining/Energy : VENGOLD VENGF this is real -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (286)2/18/2000 8:17:00 PM
From: stockman_scott  Read Replies (2) | Respond to of 350
 
A Friday Evening Press Release from Vengold Inc....FYI...

<<Fri Feb 18 17:30:00 EST 2000

TORONTO, Feb 18, 2000 /CNW-PRN via COMTEX/ -- Vengold is pleased to announce that it is in the process of finalizing agreements to acquire 100% of Ideapark.com Ventures Inc., 100% of Intrasoft Technologies Inc. and 40% of Teamcast.com Corporation for $3,000,000 cash and a total of 8,492,000 common shares of Vengold.

IdeaPark is an internet and e-commerce incubator company located in Vancouver.

Intrasoft is an internet services company and Teamcast.com is an online business
community service firm. Both companies are located in Ottawa.

Both transactions are subject to the completion of satisfactory due diligence,
the settlement of definitive agreements and regulatory approval.

Vengold's shares are traded on the TSE (VEN) and on the NASDAQ, OTC (VENGF).

SOURCE Vengold Inc.(C) 2000 PR Newswire. All rights reserved.>>