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Gold/Mining/Energy : Victory Ventures -- Ignore unavailable to you. Want to Upgrade?


To: DANIEL who wrote (13)3/24/1999 10:41:00 PM
From: DANIEL  Read Replies (1) | Respond to of 15
 
Victory Ventures Inc -
Victory completes Webdex asset acquisition; drops Mexican property option
Victory Ventures Inc VIP
Shares issued 14,653,633 1999-03-24 close $0.29
Wednesday Mar 24 1999

Mr. Charles Desjardins reports
The company has completed the acquisition of all of the assets of Webdex Data Corp. The cost of the acquisition is the issuance of 742,727 shares at 15 cents per share to certain arm's length parties, the release of 257,273 shares from a private escrow agreement, and the forgiveness of $82,328 in debt owing to the company by Webdex. The shares are not subject to a hold period. The completion of the acquisition leaves the company with ownership of all of the assets of Webdex Data Corp.
Victory has elected not to exercise its option to earn an interest in 23,331 hectares in Zacatecas State, Mexico as announced in Stockwatch Feb. 16, 1998. The company is reviewing proposals that will maximize the benefit of its premier domain name investment.com.