Quantitative Alpha Trading (AGBTF) Inactive
Filed: 12 Jul 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
June 29, 2006
Item 3.
Press Release
June 29, 2006, at Vancouver, BC, Canada.
Item 4.
Summary of Material Change
Bassett Ventures Inc. announces that Mr. Praveen Varshney and Mr. Bijay Singh have resigned as directors of the Company, effective immediately.
The Company is pleased to announce the appointment of Mr. Tajinderjit S. Johal and Mr. Parmjeet S. Johal to the board of directors.
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 29th day of June 2006. | “Peeyush K. Varshney” | |
Peeyush K. Varshney | ||
Name Corporate Secretary | ||
Position / Title Vancouver, B.C. | ||
Place of Declaration |
BASSETT VENTURES INC.
June 29, 2006
(No.2006-06-04)
Appointment of New Directors
Vancouver, BC: Bassett Ventures Inc.(CNQ: BAVI.U and OTCBB: BAVNF) (the “Company”) (“Bassett”) announces that Mr. Praveen Varshney and Mr. Bijay Singh have resigned as directors of the Company, effective immediately.
The Company is pleased to announce the appointment of Mr. Tajinderjit S. Johal and Mr. Parmjeet S. Johal to the board of directors.
Mr. Tajinderjit S. Johal holds an Arts degree in Psychology from the University of British Columbia. Mr. Johal was employed by a large North American pharmaceutical company as a sales representative from February 1993 to April 1996. From May 1996 to present, Mr. Johal has worked in the Sporting Industry in various capacities ranging from management consulting to presently being the National and International Manager for Sports Unlimited’s USA and Canadian operations.
Mr. Parmjeet S. Johal holds a Bachelor of Science degree in Biochemistry and a Bachelor of Pharmacy degree from the University of British Columbia. From 1984 to present, Mr. Johal has worked as a pharmacist. Mr. Johal has also served on various community boards, including the Squamish Credit Union, Squamish Recreational Commision and Big Brothers and Sisters Association of Squamish. In 1992, Mr. Johal was also the Recipient of the Commemorative Medal of Canada in recognition of significant contributions to communities and to Canada.
On behalf of the Board of Directors,
“Sokhie S. Puar”
Sokhie S. Puar
Director