Aug 30 (Reuters) - Axion Ventures Inc AXV.V :
* AXION VENTURES ANNOUNCES ADDITIONAL AXION GAMES ACQUISITION
* AXION VENTURES INC - AXION WILL PAY SELLER US$4 MILLION IN CASH AS CONSIDERATION FOR AG SHARES
* AXION VENTURES INC - UPON ACQUISITION, CO WILL HOLD, DIRECTLY OR INDIRECTLY ABOUT 70.05% OF VOTING RIGHTS ATTACHED TO ALL OF AG'S VOTING SECURITIES
* AXION VENTURES - WILL ACQUIRE ADDITIONAL 33.2 MILLION SHARES IN CAPITAL OF AG FROM ARM'S LENGTH SHAREHOLDER OF AG