DVD Investments Ltd.
NEX BOARD : DVD.H

May 29, 2006 13:56 ET

DVD Investments Limited-Proposed Private Placement

TORONTO, ONTARIO--(CCNMatthews - May 29, 2006) - Nick Tsimidis, CEO and Director of DVD Investments Limited (NEX:DVD.H) (the "Company") is pleased to announce that it has increased the size of its previously announced non-brokered private placement offering from 1,000,000 to 1,428,571 common shares of the Company at a price of $0.35 per share, for gross proceeds of $500,000, the maximum amount which may be raised in any 12 month period pursuant to NEX Policy 5.3.

This proposed transaction is subject to approval from the TSX Venture Exchange.



TSX Venture (NEX) symbol: DVD.H
Issued Shares: 3,362,300
Closing Price: May 26, 2006: $0.45



THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OF THIS PRESS RELEASE.

Contact Information

  • DVD Investments Limited
    Nick Tsimidis
    (416) 742-5600