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Gold/Mining/Energy : ITV Games Inc. V.TVE (Formerly Border Capital) -- Ignore unavailable to you. Want to Upgrade?


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.