Quantitative Alpha Trading (AGBTF) Inactive
Filed: 3 Jan 06, 12:00am
This is the form of material change report required under Section 85(1) of the Securities Act.
BC FORM 51-102F3
(formerly Form 53-901F)
Securities Act
MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE ACT
Item 1.
Reporting Issuer
Bassett Ventures Inc.
Cathedral Place
Suite 1304 – 925 West Georgia Street
Vancouver, BC V6C 3L2
Item 2.
Date of Material Change
December 30th, 2005
Item 3.
Press Release
December 30, 2005, at Vancouver, BC, Canada.
Item 4.
Summary of Material Change
Vancouver, BC: Bassett Ventures Inc. (CNQ: BAVI.U and OTCBB: BAVNF) announces the completion of a private placement of 1,500,000 shares at a price of $0.10 per share for gross proceeds of $150,000. The proceeds will be used for general working capital purposes.
Item 5.
Full Description of Material Change
See attached press release
Item 6.
Reliance on Section 85(2) of the Act
N/A
Item 7.
Omitted Information
None
Item 8.
Senior Officers
The following senior officers of the Issuer are knowledgeable about the material change and may be contacted by the Commission at the address and telephone number:
Sokhie Puar
Peeyush Varshney
President
Corporate Secretary
(604) 684-2181
(604) 684-2181
Item 9.
Statement of Senior Officer
The foregoing accurately discloses the material change referred to herein.
Dated this 30th day of December 2005. | “Peeyush K. Varshney” | |
Peeyush K. Varshney | ||
Name Corporate Secretary | ||
Position / Title Vancouver, B.C. | ||
Place of Declaration |