Pic stars Jean-Claude Van Damme, Vinnie Jones

The Jean-Claude Van Damme-Vinnie Jones starrer “Weapon” will be the first film produced by Flagship Films, a new production company run by producers Alison Semenza and Todd Moyer.

“Weapon,” to be directed by “Highlander” helmer Russell Mulcahy, will star Van Damme and Jones as Derek Chase and Jack Conway, the world’s most talented assassins. Story follows the two as they join forces to take down the head of a DEA-backed drug cartel.

Former agent Moyer worked with Dark Horse Comics for seven years, where he brokered comics property deals that resulted in movies like “The Mask,” “Timecop,” “Virus” and “Mystery Men.” Producer Semenza has worked with Royal Oaks Entertainment, Phoenician Films and Franchise Pictures. Her latest pic, “Powder Blue,” stars Forest Whitaker and Patrick Swayze.

Foreign sales agency and distrib Essential Entertainment has signed on to handle international sales on “Weapon,” which is on offer at Cannes beginning next week. ICM and the Gersh agency will jointly handle domestic sales.

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