GLBN clarifies $15.0 million Strategic Investment by Freeserve; Purchase of 6.4 million shares at $2.00 and the exercise of 2.0 million warrants at $1.00 bringing Freeserve's stake in GLBN to 13% SANTA MONICA, Calif., May 14, 1999 (PRIMEZONE) -- GlobalNet Financial.com, Inc. (OTCBB: GLBN) today clarified the terms of the investment by Freeserve Limited ("Freeserve") in GLBN. Freeserve...

Freeserve Limited makes $15.0 million Strategic Investment in GlobalNet Financial; Expanded Alliance to help bring GLBN's Financial Content World Wide SANTA MONICA, Calif., May 13, 1999 (PRIMEZONE) -- GlobalNet Financial.com, Inc. (OTCBB: GLBN) and Freeserve Limited ("Freeserve") announced today that Freeserve and GLBN have expanded their alliance...