Zuni Holdings Inc.

August 31, 2010 19:17 ET

Stonehouse Announces Acquisition of Equity Interest in Zuni Holdings Inc. (Formerly MTI Global Inc.)

TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Stonehouse Capital Management Inc. ("Stonehouse") announced the acquisition today by one or more of its managed client accounts of 2,000,000 common shares of Zuni Holdings Inc. (formerly MTI Global Inc.) (TSX VENTURE:ZNI.H) representing approximately 6.6% of the total issued common shares of Zuni. The Zuni common shares were acquired on the NEX board of the TSX Venture Exchange for investment purposes. Combined with the Zuni common shares previously held, Stonehouse now has control over a total of 7,408,120 Zuni common shares, through separately managed accounts, representing approximately 24.3% of the total issued common shares of Zuni.

Stonehouse's client accounts may from time to time, depending on market and other conditions, acquire additional common shares, dispose of some or all of the existing or additional shares or continue to hold the shares.

Contact Information

  • Stonehouse Capital Management Inc.
    Daniel Marks