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Double Eagle Entertainment - update.


VANCOUVER, British Columbia--(BUSINESS WIRE)--July 10, 1995-- Double Eagle Entertainment Corp. (Double Eagle) and Mr. Louis Dion, President, report:

Double Eagle proudly announces that Mr. Leo Leo, in astronomy
Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac.
 Dion, President and Chief Executive Officer of Dion Entertainment Corp. (DIO DIO Diode
DIO Digital Input/Output
DIO Defence Intelligence Organisation (Australia)
DIO Designated Institutional Official
DIO Days Inventory Outstanding
DIO Data Input-Output
DIO Defence Industries Organisation
.T), has been appointed a director of the Company. Mr. Leo A Leo A ( as known as Leo III ) is an irregular galaxy that is part of the Local Group. It lies 2.25 Mly from Earth. References

1. ^ I. D. Karachentsev, V. E. Karachentseva, W. K. Hutchmeier, D. I. Makarov (2004).
. Dion brings to this role solid gaming experience and valuable leadership skills. Double Eagle also announces the resignation of Mr. Michael Jensen Michael Cole Jensen joined the of the Harvard Business School in 1990. Currently, he is the managing director in charge of organizational strategy at Monitor Group, a strategy consulting firm.  as a director. Both changes were effective March 22, 1995.

Further to the News Release dated March 22, 1995 regarding directors and employees stock options, the exercise price for 680,500 options has been set at $.82 per share and not at the previously announced price of $.56.

Based on the success of the "TV Bingo/Lottery" in the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , Double Eagle is presently concentrating all their efforts in negotiating other Bingo lotteries in Central Europe. Therefore, further to the News Release dated November 29, 1994 regarding an Agreement in Principle to establish TV Bingo in Russia, Double Eagle has temporarily put the agreement on hold.

Double Eagle Entertainment Corp. is a multi-national gaming company listed on the 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).
 that currently manages, operates and produces in conjunction with Dion Entertainment Corp. (DIO.T) their highly successful, nationally televised "TV Bingo/Lottery" in the Czech Republic.

Original signed by Louis Dion, President Double Eagle Entertainment Corp.

The Vancouver Stock Exchange has neither approved nor disapproved the information contained herein.

CONTACT: Double Eage Entertainment Corp., Vancouver

Lindsay Macleod, 604/681-9003
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 10, 1995
Words:253
Previous Article:HARROWSTON INC. - EXTENDS ODD LOT PROGRAM.
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