CNW Group: " REDCITY SEARCH COMPANY INC. ('RDC')
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: March 22, 2006
TSX Venture Tier 2 Company
TSX Venture Exchange (the 'Exchange') has accepted for filing
documentation pertaining to an Asset Purchase Agreement, dated March 10, 2006,
between RedCity Search Company Inc. (the 'Company'), and Great Exposure Inc.
(the 'Vendor'), whereby the Company has agreed to purchase the domain
properties '411Canada.com' and '411Canada.ca'
The $100,000 aggregate purchase price will be satisfied by a cash payment
of $10,000, a $20,000 unsecured non-interest bearing promissory note maturing
on June 30, 2006, and the issuance of 280,000 common shares of the Company.
A finder's fee of $10,000 is payable to Michael Katz of Toronto, ON.
For further details, please refer to the Company's news release dated
February 10, 2006."