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Gold/Mining/Energy : ECON VENTURES EOV/VSE -- Ignore unavailable to you. Want to Upgrade?

To: burner who wrote (44)	11/13/1998 11:43:00 AM
From: burner	Read Replies (1) \| Respond to of 57

Consolidation and name change proposed Econ Ventures Ltd EOV Shares issued 10,703,504 Nov 6 close $0.06 Tue 10 Nov 98 News Release Mr. Patrick Normoyle reports The company will be convening an annual general meeting of members on Dec. 11, 1998, for the purpose of seeking the consent of members to a consolidation of its share capital and a change of its name to National Ventures Ltd. The proposal to be presented to the members for approval calls for every 10 shares of the company before consolidation to be consolidated into 1 share. The company currently has 11,640,170 shares outstanding and, accordingly, 1,164,017 shares will be outstanding after the consolidation. Incidental to the consolidation, the company will be increasing its postconsolidation authorized capital from 2,887,087.1 to 100,000,000. The share consolidation is being proposed in order to allow the company greater flexibility in future financings. The share consolidation and change of name are subject to members' approval, and documentation in support being accepted for filing by the Vancouver Stock Exchange and the Registrar of Companies for the Province of British Columbia.