To: Spark who wrote (106 ) 4/26/2000 2:19:00 PM From: Boolish Read Replies (1) | Respond to of 137
Great news...that large painful thorn in our side has left the building. Time to progress with the BORDER business plan!!!!!!!!!! Border Capital Corp. and Dion Group achieve settlement VANCOUVER, April 26 /CNW/ - Border Capital Corp. (CDNX:BOP)(``Border'') and the Dion Group are pleased to announce a final settlement of all outstanding issues between them. Other than the operation of the St. Mary's gaming facility in New Brunswick, the settlement has the effect of terminating all joint projects involving the two groups, and resolving all matters in dispute, whether in arbitration or before the courts. Various related parties that have been involved are also included in the settlement, which will not take effect until conditions are fulfilled or removed with respect to the acquisition by Border of certain outstanding interests in the patent on which both parties' businesses are based. Both Border and Dion representatives were enthusiastic about the agreement. This agreement will allow each of the parties to go forward confidently in pursuing their separate business agendas focused on dealing with the global marketplace as opposed to dealing with the internal issues that have taken so much of their time and energy. Dion Entertainment Corp. (TSE:DIO) will be continuing to pursue its goal as the world's largest and most diversified bingo entertainment company. Border Capital Corp. develops interactive lottery game systems for the international lottery industry. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. -30- For further information: Mr. Michael B. Holley, Director Tel: (604) 730-6910, Fax: (604) 730-6930, Email: michael@bordercapital.com, Web-site: www.bordercapital.com; Mr. D'Arcy Funfer, Investor Relations Tel: (403) 290-0131, Fax: (403) 261-0612, Email: corporatesolutions@home.com, Web-site: www.corporatesolutionsinc.com This press release concerns more than one organization. To view releases from one of these organizations, please select from below. BORDER CAPITAL CORP. DION ENTERTAINMENT CORP.