Max Alberto Oemick

September 17, 2009 14:25 ET

Max Alberto Oemick Acquires 3,209,080 Common Shares of Fortune Valley Resources Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 17, 2009) - Max Alberto Oemick of Santiago Chile announces that on September 15, 2009 he acquired ownership of 3,209,080 Common shares of Fortune Valley Resources Inc. (the "Company") (TSX-V: FVX) at a price of Cdn$0.05 per Common share. The 3,209,080 Common shares represent approximately 9.2% of the current total issued and outstanding Common shares of the Company. After giving effect to the transaction, Max Alberto Oemick beneficially owns or directly controls 6,066,080 Common shares of the Company or 17.4% of the issued and outstanding Common shares of the Company.

Max Alberto Oemick acquired the 3,209,080 Common shares of the Company for the partial settlement of debt owed to him by the Company. Max Alberto Oemick relied on section 2.14 of National Instrument 45-106 - Prospectus and Registration Exemptions, as the Common shares were issued to settle a debt of the Company.

A copy of the early warning report to be filed in connection with the above transaction may be obtained from Max Alberto Oemick at 56-2-453-4872.

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.

Contact Information

  • Max Alberto Oemick
    56-2-453-4872