Vescan to Acquire 85 Percent Interest in 143,000 Hectares Near Brex Discovery.VICTORIA, British Columbia--(BUSINESS WIRE)--April 1, 1996-- VESCAN EQUITIES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. : VCAN VCAN Venture Capital Association of Nigeria ) Vescan Equities Inc. has entered into a Letter of Intent establishing a joint venture with Askatindo Tambang Mas (ATM) of Jakarta, Indonesia to acquire, explore and develop 143,000 Hectares of mineral rights on a Mining Property located near the BREX BREX British Exchange (AFROTC) BREX Business Rules Exchange discovery property. The respective interests in the Joint Venture will be VCAN 85 percent and ATM 15 percent. A formal Agreement is expected to be completed shortly, once completed specific details of the Joint Venture will be released immediately. ON BEHALF OF THE BOARD OF DIRECTORS Stephen A. Salaga, Director The information contained herein has neither been approved nor disapproved by regulatory authorities. CONTACT: Vescan Equities Inc. Stephen A. Salaga, 604/475-6000 604/475-0176 (Fax) |
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