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
May 26, 2006
Item 3.
Press Release
May 26, 2006, at Vancouver, BC, Canada.
Item 4.
Summary of Material Change
Bassett Ventures Inc. is pleased to announce the appointment of Mr. Harpreet Janda to the board of directors.
Mr. Harpreet Janda holds a Bachelors of Commerce degree, with a major in marketing and a minor in ebusiness, from the University of British Columbia. From April 2004 to April 2005, Mr. Janda was employed by Petro Canada as an Analyst and currently Mr. Janda is a sales executive with Purolator.
Item 5.
Full Description of Material Change
Please see Item 4.
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 26th day of May 2006. | | “Peeyush K. Varshney” |
| |
Peeyush K. Varshney |
| | Name
Corporate Secretary |
| | Position / Title
Vancouver, B.C. |
| | Place of Declaration |
BASSETT VENTURES INC.
May 26,2006
(No.2006-05-02)
Appointment of Harpreet Janda to the Board of Directors
Vancouver, BC – May 26, 2006 – Bassett Ventures Inc. (CNQ: BAVI.U and NASD OTC BB: BAVNF)(the “Company”) is pleased to announce the appointment of Mr. Harpreet Janda to the board of directors.
Mr. Harpreet Janda holds a Bachelors of Commerce degree, with a major in marketing and a minor in ebusiness, from the University of British Columbia. From April 2004 to April 2005, Mr. Janda was employed by Petro Canada as an Analyst and currently Mr. Janda is a sales executive with Purolator.
On behalf of the Board of Directors,
“Sokhie S. Puar”
Sokhie S. Puar
Director
The Canadian Trading and Quotation System Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.