Company Appoints Director, Plans Name and Capital Changes.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--August 1, 2000 Mayne International Ltd., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :MAYT MAYT Metropolitan Aboriginal Youth Team ) a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. , is pleased to announce the appointment of Mr. Ian D. Lambert as Director and President. As well control of the Company has changed to Mr. Lambert, replacing Mr. Dal Grauer, who has resigned. Mr. Lambert purchase of control represents approximately 60% of the Company. The Company plans to change its name to Black Dragon Entertainment Inc. Coincidentally co·in·ci·den·tal adj. 1. Occurring as or resulting from coincidence. 2. Happening or existing at the same time. co·in with this name change, the Company proposes to undertake a forward split of its capital, issuing four new shares of Black Dragon Entertainment in exchange for each one old share of Mayne International. The record date will be as set by the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). , anticipated to be sometime in mid August, 2000, at which time the Company will trade under the new name and new symbol. As part of restructuring, the Company will be seeking acquisitions in the entertainment sector. MAYNE INTERNATIONAL LTD. Ian D. Lambert, Director Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Mayne International Ltd.) contains statements that are forward looking, such a statements related to the future anticipated direction of the entertainment industry, plans for future expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. |
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