(1888PressRelease)
July 30, 2008 - The company has received commitments for the necessary financing to sustain its current development plans. The company plans to issue a 2-year protected memorandum bearing 10% interest per annum and paid monthly. The company will also issue warrants exercisable at $0.03, or three cents per share in combination with the note.
Zouandile Holdings Ltd CEO, stated, “With the current depressed market situation we felt it necessary to source a resolution to our financing needs. The funds will be used to finance expenditure linked with the promotion of our retail initiatives as well as sustain future forthcoming contracts.”
It has received commitments from four current investors in the Company to provide the financing necessary for the Company to effect its achievement. “We are convinced that these stockholders have committed to increase their funds in Zouandile and we see their actions as a strong vote of assurance in the company,” said the CEO.
Zouandile Holdings Ltd is proud of its reputation and service record in the industry. We work diligently to uphold and maintain long-term relationships with our clientele, by meeting their requests and exceeding their expectations. Our ultimate goal is to ensure that you receive the best possible service today, to facilitate your needs for the future. We also pride ourselves in our flexibility, selecting our staff and programs to suit the individual needs of our clientele.
Zouandile Holdings Ltd.
Mailing Address
6 Diogenes Str.. , Engomi,
Nicosis, Cyprus.
Telephone: +357 24030049
Fax : +357 24022422
Fax number UK (+44 7006 054 253)
Email Support:
info ( @ ) zouandile dot com
webmaster ( @ ) zouandile dot com
www.zouandile.com
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