To: michael d kugler who wrote (18860 ) 11/17/1997 12:48:00 AM From: Ellen Respond to of 55532
9.8 million immediately, 4 million for Morgan and Breton, another 6 million in a year. Starts to add up, doesn't it? Wednesday October 1 12:55 PM EDT Company Press Release Olympus Ventures Inc. Announces Merger FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 1, 1997--Olympus Ventures Inc. of Fort Lauderdale (OTC-BB:OVIS - news) is happy to announce a merger agreement with Rocky Mountain Crystal Water of Denver. The merger gives Rocky Mountain International LTD (OVIS/RMCW) the ability to move from the OTC-BB to AMEX. OVIS issued 6,684,750 restricted shares of Rule 144 Legend common stock to RMCW shareholders, and will issue up to 2,500,000 restricted shares of Rule 144 Legend common stock to be exchanged in lieu of Five Million Dollars ($5,000,000). The 3,071,081 pre merger shares of Olympus Ventures stock making up the balance of the 9,755,831 outstanding shares. Full disclosure of the merger and a copy of the contract will be filed within the required reporting period. The RMIL asset base is in excess of Twenty Million Dollars ($21,010,431) with the addition of the Five Million Dollars ($5,000,000). Roland Breton, president of Olympus Ventures Inc. stated: ''With Rocky Mountain Crystal Water's existing business and future contracts this merger will be an exciting and profitable experience for all of us. Olympus Mills USA Inc. a wholly owned subsidiary of RMIL will now have the financial backing to continue its planned growth in the physical fitness market.'' RMCW is a manufacturer of pure spring and premium artesian bottled drinking water and is merging with Olympus Ventures Inc. who is currently engaged in the garment industry. RMIL is focusing its direction on manufacturing, distribution and retailing bottled water and physical fitness products, which the company believes is one of the fastest growing areas in the commercial marketplace. NOTE TO EDITORS: In the Internet/email address noted in this news release, there is an ''at'' symbol between ovisusa and aol.com/. In the World Wide Web address noted in this news release, there is a double slash between http: and www.olympusventures.com. These symbols may not appear properly in some systems. Contact: Rocky Mountain International LTD. Roland Breton, 954/565-9292 E-mail: ovisusa@aol.com/ Web Page: olympusventures.com