Fortune Valley Resources Inc. Announces Issuance of Shares Under Shares for Debt Agreements
September 17 2009 - 2:27PM
Marketwired
Fortune Valley Resources Inc. (TSX VENTURE: FVX) announces that it
has issued 4,984,400 common shares in the Company pursuant to a
shares for debt agreement with two of its directors and a shares
for debt agreement with Pacific Opportunity Capital Ltd., a company
of which an officer of the Company is president.
The shares for debt agreements extinguished $249,220 of the
Company's debt for the issuance of 4,984,400 common shares at $0.05
per share.
The Board of Directors
Fortune Valley Resources Inc.
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catarina@chfir.com and specify "Fortune Valley Resources press
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Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: CHF Investor Relations Robin Cook Senior Account
Manager (416) 868-1079, Ext. 228 (416) 868-6198 (FAX)
robin@chfir.com www.fortunevalleyresources.com
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