Fortune Valley Resources Inc. Announces Issuance of Shares Under Shares for Debt Agreements
18 September 2009 - 4:27AM
Marketwired Canada
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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