Effective at the opening on March 5, 1999, BCY Ventures Inc. commenced trading on the Vancouver Stock Exchange. The company is classified as a "VCP" company and trades under the symbol "BCY".

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. BCY Ventures Inc. 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 company's capitalization is 1,000,000,000 common shares with no par value of which 3,000,000 common shares are currently issued and outstanding, including 1,500,000 common shares held in escrow. Pacific Corporate Trust Company is the transfer agent and Golden Capital Securities Limited is the sponsoring member. BCY Ventures Inc. has completed its initial distribution of shares to the public for total gross proceeds of $300,000 (1,500,000 shares at $0.20 per share).

The company has issued to its agent a total of 150,000 non-transferable options. Each option entitles the agent to purchase one share of the company at $0.20 per share up to September 5, 2000.

For further information, please refer to the Company’s Prospectus dated February 17, 1999.

BCY VENTURES INC.
Lorne T Meikle, President
1100 - 1055 West Hastings Street
Vancouver, B.C. V6E 2E9
Telephone: (604) 443-7011