Anglo Swiss Resources Inc. Announces Debt Settlement.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 17, 2001 Anglo Swiss Resources Inc.(OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ASWRF)(CDNX CDNX See Canadian Venture Exchange (CDNX). :ASW) announces that it has extinguished 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. The CDNX has approved a four-month hold period on the shares, which expires February 15, 2002. 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 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) Has Not Reviewed And Does Not Accept Responsibility For The Adequacy Or Accuracy Of This Release. |
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