Energy Visions Inc. Agrees To Sell NASD Bulletin Board Listing.

Business Editors

TORONTO--(BUSINESS WIRE)--Nov. 6, 2003

Energy Visions Inc. ("EVI") (OTCBB:EGYV) (TSX VENTURE:EVI.S) announced today that it has entered into an agreement with the intention to restructure EVI in a manner which would terminate its current NASD OTCBB listing but provide shareholders of EVI with an equal number of equity shares of a successor company which would trade on the TSX Venture Exchange ("TSXV"). The transaction is subject to regulatory and shareholder approvals and when completed the purchaser of the EVI NASD OTCBB listing (Lions Petroleum Corp., a State of Nevada Company with offices in West Vancouver, B.C., Canada) will provide to EVI a total of U.S. $100,000 in cash plus equity shares of the corporation which will assume the listing, valued at U.S. $150,000 (but which are not freely tradable). The transaction would substantially reduce EVI's administrative cost of maintaining its public company status in the United States but would terminate access to the public market in the United States.

"EVI's original NASD OTCBB listing was predicated on NASDAQ becoming national in Canada. Since this did not happen, and EVI has a Canadian focus, we decided a TSXV listing would suffice," said Wayne Hartford, CEO of EVI. "It is our strong belief that the net result will be positive for all EVI shareholders in both Canada and the U.S."

On October 27, 2003, EVI announced the completion of its acquisition of Pure Energy Inc. ("PEI"). A subsequent restructuring of PEI has resulted in the formation of a new company, Pure Energy Visions Inc. ("PEVI") that owns the assets and related liabilities previously owned by Pure Energy Battery Inc ("PEBI"). PEVI is the Canadian manufacturer of a variety of Pure Energy battery products, with its manufacturing plant in Amherst, Nova Scotia, and its sales office in Richmond Hill, Ontario. On October 31, 2003, Energy Ventures Inc. (Canada), EVI's 100% owned Canadian operating subsidiary, converted its Series A and Series B preference shares of PEI into common shares of PEI. The resulting share holdings, when combined with PEI common shares controlled by D. Wayne Hartford, gives EVI 50.5% of the voting stock of PEI.

PEVI's main business is the manufacture and sale of patented Rechargeable Alkaline ("RAM(TM)") Batteries under license. RAM(TM) batteries offer users significant performance and convenience benefits versus traditional rechargeable products. Further, they offer substantial economic and environmental benefits versus single-use battery types. Pure Energy brand Rechargeable Alkaline batteries and chargers are distributed and marketed globally.

This fall, PEVI is launching a new Rechargeable Alkaline ("RAM(TM)") Battery product called "XL(TM)". This product is exclusively available from Pure Energy Visions, and offers almost double the performance of conventional RAM(TM) batteries. This new product will extend the market reach of RAM(TM) into many application areas traditionally considered inappropriate for RAM(TM), and at a fraction of the cost of incumbent nickel metal hydride (NiMH) batteries. PEVI already has retail listings for XL(TM) with a number of its top customers.

Energy Visions Inc. is a developer of advanced battery and fuel cell technologies, and through PEVI, is a manufacturer and seller of both rechargeable and single-use batteries.

Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made that involve risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. There can be no assurance that such statements will ever prove to be accurate and readers should not place undue reliance on any such "forward-looking statements" contained herein.

Neither The TSXV nor NASD OTC Bulletin Board have reviewed or accept responsibility for the adequacy or accuracy of this release.