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News Releases
May 18, 2005
E-Energy buys Stormy Mountain claims
Mr. David Rankin reports
PROPERTY AGREEMENT
E-Energy Ventures Inc. has completed its previously
announced transaction with Impala Resource Services Ltd. and Elite Vantage
Development Ltd. to acquire a 100-per-cent interest in the Stormy Mountain
property located in the Yukon Territory.
The consideration payable for the property was $75,000 cash and two million
common shares in the capital stock of the company jointly to Impala and Elite.
As well, a finder's fee of 293,750 common shares in the capital stock of the
company was paid to Dallas Burns. All common shares issued pursuant to this
transaction are subject to a hold period expiring Sept. 18, 2005.
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