Biomax Technologies
Inc. Completes Reverse Take-over
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Effective at the opening April 6, 1999, Biomax Technologies Inc.
(formerly Vigor Resources Ltd. "VGR") resumed trading on the Vancouver Stock
Exchange, having completed a Reverse Take-over. The company is classified as a
"Venture" company and trades under the symbol "BIX".
Biomax Technologies Inc. and Vigor Resources Ltd. have amalgamated so
the shareholders of Vigor Resources Ltd. are entitled to receive one common share of the
amalgamated company for each 4.31081 Vigor Resources Ltd. shares. The holders of Biomax
Technologies Inc. are entitled to receive one share of the amalgamated company for each
Biomax Technologies Inc. shares held.
Biomax Technologies Inc. designs and intends to develop, market and
sell minimally invasive products utilizing optically based technologies for the medical
industry. Biomax Technologies's initial research and development activities are focused in
the detection of early organ rejection states in heart transplant patients, development of
a more exact method for determination of time of death, and detection of various skin
cancers.
The company’s capitalization is one billion shares with no par
value of which 18,181,118 are currently issued and outstanding. Pacific Corporate Services
Ltd. is the transfer agent.
For further information, please refer to the company’s prospectus
dated February 9, 1999 and amended March 10, 1999.
Biomax Technologies Inc.
Brian Lock, CEO
Suite 568 - 999 Canada Place
Vancouver, BC
V6C 3E1
Telephone: (604) 688-7035
Fax: (604) 688-7031
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