Silverco Mining Ltd. press release
Nevada Bob's International Inc. - Sale of U.S. business assets closes
TSXV - TSX Venture Exchange · Silver · Zinc · Lead · Gold · Canada
TORONTO, April 24 /CNW/ - Nevada Bob's International Inc. (the "Company") (TSX Venture Exchange - "NBI.U") announces that, further to its press release (the "Previous Release") issued on January 16, 2006, the balance (the "Balance") of the purchase price which is payable on closing the sale of certain of the assets used in the operation of the Company's business in the United States, has been paid and such sale has now closed. Such sale had previously closed in escrow to allow additional time to complete several closing conditions, including payment of the Balance (see the Previous Release). The assets sold include, without limitation, the United States "Nevada Bob's" trademarks, the Company's rights (through its subsidiaries) under existing Nevada Bob's store license agreements and the domain name "nevadabobs.com".
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