Consolidated Ewing Enters Acquisition Agreement.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia--(BUSINESS WIRE)--May 22, 1996-- William William, crown prince of Germany William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack Friesen, President of Consolidated Ewing Ew·ing , James 1866-1943. American pathologist. An authority on cancer, he established oncology as a clinical specialty. Industries Inc., wishes to announce that further to the Company's News Release of May 26, 1995, the Company has completed negotiations and entered into an acquisition agreement respecting the Company's acquisition of a 100 percent interest in 138 mineral claims located in the northern portion of the Nain Anorthosite anorthosite Type of igneous rock composed predominantly of calcium-rich feldspar. It is considerably less abundant than either basalt or granite, but the complexes in which it occurs are often immense. of the Voisey's Bay area of Labrador. Under the terms of the first agreement, Consolidated Ewing can acquire a 100 percent interest in 100 claims by paying the sum of $39,000.00 in cash which the Company has paid and issuing to the vendor, subject to Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). approval, a total of 75,000 shares of the Company. Under the terms of the second agreement, Consolidated Ewing can acquire a 100 percent interest in 38 claims by paying the sum of $20,000.00 in cash which the Company has paid and issuing to the vendor, subject to Vancouver Stock Exchange approval, a total of 50,000 common shares of the Company. The claim groups are subject to a 3 percent NSR NSR abbr. normal sinus rhythm NSR Normal sinus rhythm, see there of which 50 percent may be purchased at any time by paying the vendors $1,000,000.00. The above agreements are subject to regulatory approval. On behalf of: CONSOLIDATED EWING INDUSTRIES INC. William Friesen President The Vancouver Stock Exchange has neither approved or disapproved of the contents herein. CONTACT: Consolidated Ewing Industries Inc. William Friesen President 604/688-6306 |
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