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BRIGADIER GOLD LIMITED ATTAINS PROFITABILITY AND COMMENCES TRADING ON THE CDNX UNDER THE SYMBOL YRG 2000-10-11 Brigadier Gold Limited is pleased to announce that it has attained profitability for the first time during the third quarter ended September 30, 2000. The Net Loss for the nine months from January 1, 2000 to September 30, 2000, was reduced to CDN$23,867. The Net Profit for the third quarter ended September 30, 2000 was CDN$1,046. Brigadier Gold Limited’s wholly owned Netherlands Antilles subsidiary, Cyber Provider Corporation N.V., commenced the marketing to Casino 8 Online in April, 1998. The activity at Casino 8 Online for the three month period from July 1, 2000 to September 30, 2000 was approximately US$3.3 million, which was higher than the total activity of approximately US$3.2 million for the six months from January 1, 2000 to June 30, 2000. The total activity for the nine months from January 1, 2000 to September 30, 2000 was approximately US$6.5 million. The Revenue at Casino 8 Online for the three month period from July 1, 2000 to September 30, 2000 was CDN$141,132 compared to the total Revenue of CDN$156,113 for the six months from January 1, 2000 to June 30, 2000. The Basic Loss per share for the nine months ended September 30, 2000 amounted to $0.01 compared to a Basic Loss per share of $0.03 for the nine months ended September, 1999. For Full Details, see: brigadiergold.com Casino 8 Online is using version 3.02 of its Internet gaming software. This software has many features, including multiplayer games such as black jack, baccarat, and roulette, and the ability for players to be able to chat with each other. The software and support services for the various games are being provided by Intertainet Overseas Licensing Limited, a wholly owned subsidiary of Cryptologic Inc. (TSE symbol: CRY). Casino 8 Online is using Cryptologic Inc.’s secure Electronic Cash Settlement system for the handling of transactions. The completely revamped and redesigned Website of Casino 8 Online at: casino8online.com has been operational since May of this year. Casino 8 Online plans to be using Version 4 of its Internet gaming software before the end of 2000. Its features include: A New “Real Casino” game floor, where you can see other players and dealers, enhanced graphics and 3D sound, and a smaller initial download of only 400k. Our plan is still to carry out exploration on the Benson Creek gold property with the objective of drill delineation of the new 1937-5 gold zone once the price of gold improves, but for now the concentration will still continue be on the turning of Cyber Provider Corporation N.V. into a profitable and lucrative venture. Brigadier Gold Limited trades on the Canadian Venture Exchange under the symbol YRG and has 3,520,465 common shares outstanding. For Further Information, Contact; Herb Kokotow, President, Brigadier Gold Limited (tel) : (416) 410-7956, (fax) : (905) 707-1520 E-mail : president@brigadiergold.com Website : brigadiergold.com | ||||||||||||||
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