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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (2630)	5/24/2001 11:13:18 AM
From: Al Collard	Respond to of 11802

CIMA, news out on your pick XC-v: New Xavier changes its name to RET Internet Services Change Name See RET Internet Services Inc (RIS) Name Change Pursuant to a special resolution passed by shareholders on March 30, 2001, the company has changed its name from New Xavier Capital Corp. to RET Internet Services Inc.. There is no consolidation of capital. Effective at the open May 25, 2001, the common shares of RET Internet Services Inc. will commence trading on the Canadian Venture Exchange, and the common shares of New Xavier Capital Corp. will be delisted. Capitalization: 100 million shares with no par value of which 11,741,862 shares are issued and outstanding Escrow: 9,325,197 shares Transfer agent: Pacific Corporate Trust Company Symbol: RIS (new) Cusip: 76127V 10 9 (new) (c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com RET Internet 666,665 share private placement Private Placement See RET Internet Services Inc (RIS) Private Placement The Canadian Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 12, 2000, and Jan. 22, 2001. No. of shares: 666,665 shares Price: 75 cents per share Warrants: 666,665 non-transferable share purchase warrants to purchase 666,665 shares Warrant price: $1 for a one-year period Placees: 11 placees participated Insider: Gianpaolo Andreola 166,666 These securities have not yet been issued. The company must issue a news release if the private placement does not close promptly. (c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com