VRB Power Subsidiary Approves Share Cancellation

December 19, 2004 by Jeff Shepard

VRB Power Systems Inc. (Vancouver, BC) announced that at the company's annual general meeting of Pinnacle VRB Ltd. held on December 20, 2004, all of the appropriate resolutions to complete the terms of the Revised Implementation Agreement announced October 27, 2004, were passed by its minority shareholders.

The sale of VRB Power’s Pinnacle shares, transfer of patents and other conditions required to satisfy formal completion are scheduled to occur in late January 2005.