Stockscape.com Technologies Inc. - Announcement.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 3, 2000 Stockscape.com Technologies Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :STKSF) reports that it has received notice that United States Fidelity and Guaranty Company (USF&G) is seeking a preliminary injunction to secure USF&G's obligations with respect to a mining reclamation bond issued on behalf of Mineral Ridge Resources Inc. (MRRI MRRI Marine Resources Research Institute MRRI Moss Rehabilitation Research Institute MRRI Maintenance Replacement Rate I ). MRRI was sold by Stockscape (formerly Cornucopia cornucopia (kôr'ny  kō`pēə), in Greek mythology, magnificent horn that filled itself with whatever meat or drink its owner requested. Resources Ltd.) to Vista Gold Corp. on October 21, 1998, under the terms of an agreement whereby Vista Gold Corp assumed the benefit and burden of all obligations with respect to MRRI, including agreements with USF&G. The motion for Preliminary Injunction seeks to compel the Defendants, who include Vista Gold Holdings Inc. and Vista Gold Corp. as well as Stockscape's subsidiaries, to post an amount of US$793,583.00 as additional collateral with respect to reclamation at the MRRI mine site. Stockscape does not believe that it has any residual obligation with respect to the Mineral Ridge Mine and is vigorously defending the action. Stockscape is a rapidly growing Internet portal providing online market information to investors at www.stockscape.com. The site features some of North America's most influential financial writers as well as extensive market data, news, portfolio tracking and video interviews. Stockscape is broadening its horizons into the field of database management through its proposed acquisition of Silverback Communications Inc., a profitable, full-service, value-added niche media planner for financial publishers and the investor relations' community. Stockscape.com Technologies Inc. trades on the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol STKSF. For more information visit the website at www.stockscape.com or contact Barry F. Duggan, Tel: 604-687-0619 or 1-800-318-3094, Fax: 604-681-4170. ON BEHALF OF THE BOARD OF DIRECTORS "Barry F. Duggan" Barry F. Duggan President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Stockscape.com Technologies Inc. This letter contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, and there are many factors that could cause actual results to differ materially from those projected in such statements. Reference should be made to the Company's Form 20F and other S.E.C. filings for a discussion of risk factors relating to the Company's business. |
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