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PROVIDENT VENTURES CORP. ENTERS INTO AGREEMENT

 CALGARY, Alberta, Jan. 22 /PRNewswire/ -- Provident Ventures Corp. (Alberta: PVE) has entered into an interim financing agreement with a third party for $1,000,000 (U.S.) to ensure early start-up of the Valencia, Calif., bottling plant. Negotiations with a major U.S. beverage company are intended to be finalized soon after the expected confirmation of the planned merger and name change of Provident.
 The annual general and special meeting of the company was held in Calgary, on Thursday, Jan. 21, 1993. The meeting was attended by a large gathering of interested shareholders who voiced their unanimous support of the special resolution to advance with the merger and name change to Americana Natural Waters Inc.
 The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.
 Provident Ventures Corp. is listed on the Alberta Stock Exchange under the symbol PVE.
 -0- 1/22/93
 /CONTACT: R.B. Furukawa, president of Provident Ventures, 403-221-8440/
 (PVE.)


CO: Provident Ventures Corp. ST: Alberta IN: SU:

EH -- LA021 -- 8071 01/22/93 16:41 EST
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Publication:PR Newswire
Date:Jan 22, 1993
Words:173
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