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Warrants Alert

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Warrant Symbol - VNN.WT.A
Number  Trading - 1.5 million to four million
Expiration Date - August 8 1998
Cusip - 927930 11 5

Warrants called to trade news:
1997-10-02 10:23 MT - New Listing
The offering date for the offering of a minimum of 1.5 million units and a maximum of four million units at $0.50 will be October 3 1997. Each unit consists of one class A share and one warrant.

The shares and warrants will be posted for trading at the opening of business on October 3 1997.

The exchange has been advised that if the offering is not fully subscribed on the first offering date, a second offering date will take place October 15 1997.

Commencement of trading will be delayed pending confirmation of closing of the public offering and receipt of documentation.
Class A Common Shares
Symbol:  VNN.A
Security No:  ISM-711 303
Cusip No:  927930 10 7
Transfer agent:  Montreal Trust
Wt symbol:  VNN.WT.A
Wt security No:  ISM-919 316
Wt Cusip No:  927930 11 5
Wt expiry:  One warrant to purchase one share at $0.60 by August 8 1998

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