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New Listing Bulletin

For Immediate Release

99/05


CONTACT:

February 19, 1999

WADE J. MURRAY
information@vse.ca
(604) 643-6592
Burcon Capital Corp. Lists on the VSE

 

Effective at the opening on February 19, 1999, Burcon Capital Corp. commenced trading on the Vancouver Stock Exchange. The company is classified as a "VCP" company and trades under the symbol "BU".

The purpose of a Venture Capital Pool issue is to provide a company with a minimum of funds with which to identify and evaluate assets or businesses with a view to completing a Qualifying Transaction. The Qualifying Transaction must be accepted by the VSE and receive the support of the majority of the minority shareholders of the company. Burcon Capital Corp. does not have business operations or assets other than seed capital, and has no written or oral agreements for the acquisition of an asset or business at this time. The directors, officers and management of the Company are as follows: Allan Yap, Rosanna Chau, John Stark, Johann Tergesen, and Dorothy Law.

The company's capitalization is an unlimited number of common shares with no par value of which 4,500,001 common shares are currently issued and outstanding. Montreal Trust Company of Canada is the transfer agent and Goepel McDermid Inc. is the sponsoring member. Burcon Capital Corp. has completed its initial distribution of shares to the public for total gross proceeds of $200,000 (1,000,000 shares at $0.20 per share).

The company has issued to its agent a total of 100,000 non-transferable share purchase warrants. Each warrant entitles the agent to purchase one share of the company at $0.20 per share up to August 18, 2000.

For further information, please refer to the Company’s Prospectus dated January 27, 1999.

BURCON CAPITAL CORP.
Allan Yap, President
1946 West Broadway
Vancouver, B.C. V6J 1Z2
Telephone: (604) 733-0896

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