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Gold/Mining/Energy : ERNL (Euro-Net Limited) -- Ignore unavailable to you. Want to Upgrade?


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


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