Anglo Swiss Resources: CDNX Listing; Debt Settlement.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 5, 2001 Anglo Swiss Resources Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ASWRF) (CDNX CDNX See Canadian Venture Exchange (CDNX). :ASW.) (the "Company") is pleased to announce that on October 1, 2001, the Company began trading on the Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) . The symbol "ASW" remains the same as that previously used on the Montreal Exchange. Additionally, the Company will maintain its fully reporting status with the U.S. Securities and Exchange Commission, and continue to trade on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol "ASWRF". Concurrent with the CDNX listing, the Company announces that it has settled outstanding aggregate debt of $216,370 owing two officers and one director of the Company by the issuance of 1,803,082 common shares at a deemed price of $0.12 per share. This debt represents outstanding fees and expenses accrued over the past several years and is subject to Canadian Venture Exchange approval. On behalf of the Board, Len Danard, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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