placement to matterhorn investments

ASX RELEASE
7 August 2006
Placement to Matterhorn Investments
Ezenet Ltd (ASX: EZE) is pleased to announce that it has raised approximately
A$1,050,000 through a placing of 7,500,000 new shares to Matterhorn Investment
Management LLP of the United Kingdom at an issue price of $0.14. The placing
agreement was reached at a time that shares in Ezenet were trading at $0.12.
Matterhorn is a London based institutional investment management fund and will
provide a strong presence on Ezenet share register. Matterhorn is the largest share
holder in Weatherly International PLC in which Ezenet is a share holder with 18.2million
shares.
The digital movie and internet business of Ezenet is undergoing a phase of high growth
and the capital raised will be used to fund new installations in the company’s core
markets.
Further information:
Richard Burt
Ezenet Managing Director
(08) 9389 9345
About Ezenet
Listed on the ASX in 1999, Ezenet Ltd (EZE) was originally established to provide a "plug
and play" internet set top box that enabled low cost web access. In 2001, the company
shifted its focus to supplying digital free-to-guest and on-demand pay movies to the
Australian hospitality and healthcare industries. In 2003, 100%-owned subsidiary Ezestream
Pty Ltd was established to operate Ezenet’s digital movie and internet business. In addition,
Ezenet owns 18.2 million shares in Weatherly International plc, a London based, AIM-listed
mineral company with copper interests in Zambia and Namibia.
For further information on Ezenet Limited please visit www.ezenet.com.au
For further information on Weatherly International plc please visit www.weatherlyplc.com








 

 

 
 
 






















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