SOURCE: B.V. Pharmaceutical Inc.

February 13, 2006 18:54 ET

B. V. Pharmaceutical Inc. Announces Change in Forward Split Date

BELLINGHAM, WA -- (MARKET WIRE) -- February 13, 2006 -- B.V. Pharmaceutical Inc. (OTC BB: BVPI) announces that it has changed the effective date of the four for one (4-1) forward split from February 15 2006 to February 20, 2006. The split will be effective February 20, 2006, at the open of the OTC market, Eastern Time.

Additionally, the company is pleased to announce that, effective February 21, 2006, the company will commence a non-brokered, exempt private placement which will be open for a maximum of 90 days from the effective date. The terms are as follows:

Minimum offering will be $100,000.00 U S
Maximum offering will be $2,000,000.00 U S
This offering will consist of units consisting of 1 share and 1 warrant. The purchase price will be $0.25 per unit and the warrant will be exercisable for 2 years at $0.30 per share.

On behalf of the Board; Leigh Lyons.

This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

Contact Information

  • For further information contact the Company at
    360-685 4200 (tel)
    360 685 4222 (fax)

    B. V. Pharmaceutical Inc.
    1313 East Maple St.
    Bellingham WA 98225