Double Eagle Entertainment -- agreement in principle signed to establish T.V. Bingo in Russia.VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 30, 1994--DOUBLE EAGLE ENTERTAINMENT CORP. (the Company) and Mr. Louis Dion are pleased to announce that based on the success of the Czech T.V. Bingo Lottery lottery, scheme for distributing prizes by lot or other method of chance selection to persons who have paid for the opportunity to win. The term is not applicable when lots are drawn without payment by the interested parties to determine some matter, e.g. , the Company has signed an Agreement in Principle with C.G. Consultants, Inc. to establish a nationally televised T.V. Bingo/Lottery and Game Show Project in Russia (formerly U.S.S.R.). The Agreement in Principle has also been executed by Mr. George K. Tsagareli, Ph.D., who will represent the T.V. Bingo/Lottery and Game Show Project. Mr. George K. Tsagareli is the Foreign Trade Representative of the Republic of Georgia Georgia, country, Asia Georgia (jôr`jə), Georgian Sakartvelo, Rus. Gruziya, officially Republic of Georgia, republic (2005 est. pop. 4,677,000), c.26,900 sq mi (69,700 sq km), in W Transcaucasia. , located in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and was appointed to this position by Mr. Edward Shevardnaze, President of the Republic of Georgia. Mr. Tsagareli is also a current director of the Black Sea Economic Development Committee and was a former Mayor of Tbilisi The Mayor of Tbilisi is an elected politician in Tbilisi. The official office of the Mayor of Tbilisi is located in the Tbilisi City Hall. Before 2005 the mayors used to be appointed by the central government. , the capital city of Georgia. Preliminary discussions have taken place with a Russian Russian associated in some way with Russia. Russian blue a breed of cats with short, dense, silver-tipped blue-colored coat and vivid green eyes. nation-wide T.V. network that broadcasts to 45 major cities, not only in Russia, but to former Soviet Republics (Ukraine, Belarus, Kazachstane, Uzbekistane, etc.). This network also has interests in radio and newspapers. Initial reaction from the Deputy Chief Manager was positive and further meetings with the Chairman and Chief Executive Manager will take place in Moscow. 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). . The Company's mandate is to become a leader in the gaming industry, as evidenced by the development and implementation of its highly successful T.V. Bingo/Lottery and Game Show. -0- The Vancouver Stock Exchange has neither approved or disapproved the information contained herein. CONTACT: Double Eagle Entertainment Corp., Vancouver
Murray Polischuk or Lindsay MacLeod, 604/681-9003
Toll Free: 1-800-668-5567
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