To: Alcona who wrote (51 ) 2/17/2000 7:43:00 PM From: Gord Bolton Read Replies (1) | Respond to of 55
Seeing as you asked so nicely Euro-Net Investments Ltd. - Brokered Private Placement & Ebop Media Limited Update Thursday, February 17, 2000, 5:40 PM EST Vancouver, BC The Company is pleased to announce and update as provided by the management of Ebop Media Limited (formerly ebop Limited) in the UK. Ebop has acquired Onlinepop (www.onlinepop.co.uk) which is a youth orientated music portal providing mainstream music with household name brands , this is a large and growing market for sales and branding association for ebop. Onlinepop has one of the most competitive pricing arrangements for music available on-line within the UK. Ebop is also pleased to announce the first step in becoming a global brand by opening a Italian office encompassing television, magazine and internet presence. The ebop branded television show begins in Northern Italy on March 1, 2000 and the company is currently negotiating for national television coverage expected to begin May 15, 2000. Ebop is currently reviewing financing proposals for both private and public funds with a view to provide for a platform of an initial public offering. Euro-Net Investments Ltd. (ERNL: CDN) is pleased to announce that it has arranged a brokered private placement with IPO Capital for $2,000,000.00 - $4,000,000.00 on a best efforts basis at a price of $0.165 per Unit. Each Unit consists of one common share and one share purchase warrant, exercisable at $0.215 Year 1 and $0.215 in Year 2. The proceeds from the private placement will be used for working capital purposes. There are 109,861,627 shares issued and outstanding ON BEHALF OF THE BOARD OF DIRECTORS: Joan Purdy, Director THE CANADIAN DEALING NETWORK HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENTS OF THIS NEWS RELEASE 1250 West Hastings Street Vancouver, B.C. / V6E 2M4 Tel: (604) 687-0300 Fax: (604) 687-0151 isdnwire.com