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For Immediate Release

99/07


CONTACT:

July 09, 1999

WADE J. MURRAY
information@vse.ca
(604) 643-6592
FIFTY-PLUS.NET INTERNATIONAL INC. COMPLETES REVERSE TAKE-OVER

 

Listed:

July 9, 1999
Symbol: FPN
Formerly: Ventel, Inc. (VNT)
Classification: Advanced
Business: owns and operates a worldwide web for CARP, Canada's association for the 'fifty-plus', targeted at Canadians over the age of 50.
Incorporated: Canada on January 31, 1979
Transfer Agent: Montreal Trust Company of Canada
Private Placement 700,000 Special Warrants at $2.00 per Special Warrant
Capitalization: unlimited common shares with no par value
Issued: 22,709,727 common shares
Escrow: 15,937,500
Contact: Dan Goldhar, President
Address: Suite 850-1095 West Pender Street
Vancouver, BC. V6E 2M6
Phone: (604) 689-1428
Fax: (604) 681-4692

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