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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: Ellen who wrote (20394)	11/20/1997 11:23:00 AM
From: Riley G	Read Replies (4) \| Respond to of 55532

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov. 20, 1997--Rocky Mountain International Ltd. (Formerly Olympus Ventures Inc.) (OTC BB:RMIL.O) announced Thursday that Rocky Mountain Crystal Water Inc. has signed a final agreement for the funding of $10 million. The funding is scheduled to take place before the end of November, with $5 million in equity and a $5 million loan for five years. Rocky Mountain International Ltd. and Rocky Mountain Crystal Water Inc. has extended the equity funding clause in the Merger agreement to accommodate the date of the funding agreement. The board of directors of Rocky Mountain International LTD. have appointed Gary R. Morgan to the position of C.E.O. of Rocky Mountain International LTD. and Roland L. Breton to the position of President of Rocky Mountain International LTD. the positions held by each prior to the merger agreement. RMIL is a manufacturer of pure spring and premium artesian bottled drinking water and garment manufacturing. 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. --30--gaa/mi* CONTACT: Rocky Mountain International LTD. Roland Breton, 954/565-9292 E-Mail: ovisusa@aol.com KEYWORD: FLORIDA INDUSTRY KEYWORD: FOODS/BEVERAGES APPAREL/TEXTILES MANAGEMENT CHANGES Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1997, Business Wire