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FVX Fortune Valley Resources Inc. Com Npv

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Share Name Share Symbol Market Type
Fortune Valley Resources Inc. Com Npv TSXV:FVX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Fortune Valley Announces Shares for Debt Agreement

17/07/2009 4:11am

Marketwired Canada


Fortune Valley Resources Inc. ("Fortune Valley" or the "Company") (TSX
VENTURE:FVX) announces that it has reached an agreement with Pacific Opportunity
Capital Ltd., a company of which an officer of the Company is president, to
settle a debt owing to Pacific Opportunity Capital Ltd. in the amount of $20,000
in exchange for 400,000 common shares in the Company at a price of $0.05 per
share.


This debt settlement is part of the Fortune Valley's renewal plan that saw the
Company reduce its operating costs substantially earlier this year and reduce or
extend property payments.


The completion of the shares for debt settlement is subject to acceptance by the
TSX Venture Exchange.


The Board of Directors

Fortune Valley Resources Inc.

To receive company news releases via e-mail, please advise catarina@chfir.com
and specify "Fortune Valley Resources press releases" in the subject line.


1 Year Fortune Valley Resources Inc. Com Npv Chart

1 Year Fortune Valley Resources Inc. Com Npv Chart

1 Month Fortune Valley Resources Inc. Com Npv Chart

1 Month Fortune Valley Resources Inc. Com Npv Chart

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