Bougainville Ventures Inc BOG.CD :
* BOUGAINVILLE VENTURES CANCELS DEAL WITH GENE BANK RESEARCH INC.
* BOUGAINVILLE VENTURES- WITH RESPECT TO DEAL, CO DETERMINED GENE BANK DEFAULTED ON REPRESENTATIONS IT ENTERED INTO IN SHARE EXCHANGE AGREEMENT
* BOUGAINVILLE VENTURES INC - OF 25 MILLION SHARES INITIALLY ISSUED 18.1 MILLION SHARES OF CO'S STOCK WILL BE CANCELLED, RETURNED TO TREASURY