TSX VENTURE EXCHANGE: MRY.P
TORONTO, Sept. 24, 2014 /CNW/ - Mira IV Acquisition Corp.
("Mira IV") (TSX Venture: MRY.P) is pleased to announce
that it has completed its initial public offering as a capital pool
company ("CPC").
On September 24, 2014, Mira IV
completed an initial public offering of 10,000,000 common shares at
a price of $0.10 per share for gross
proceeds to Mira IV of $1,000,000 to
purchasers in Alberta,
British Columbia and
Ontario. Richardson GMP Limited acted as agent in respect of
the offering and received a cash commission, as well as an option
to acquire 10% of the aggregate number of shares sold pursuant to
the offering for a period of 24 months from the date of listing of
the common shares on the TSX Venture Exchange (the "Exchange") at
an exercise price of $0.10 per common
share.
Mira IV has filed the requisite post-closing documentation with
the Exchange in order to obtain final approval of the listing of
the common shares.
The directors and officers of Mira IV are Ronald D. Schmeichel, Jordan Kupinsky and Kevin Taylor. Detailed information
regarding each director is contained within the final prospectus
dated August 12, 2014, which is
available to the public at www.sedar.com. In
connection with the closing, an aggregate of 3,000,000 stock
options were granted to Ronald D.
Schmeichel, Jordan Kupinsky
and Kevin Taylor.
Not for distribution to United
States newswire services or for dissemination in the United
States. These securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended, or the securities laws of any state, and may not be
offered or sold in the United
States unless an exemption from registration is
available. This press release does not constitute an offer to
sell or the solicitation of any offer to buy these securities in
the United States.
Investors are cautioned that trading in the securities of a
CPC should be considered highly speculative.
Mira IV is a CPC governed by the policies of the
Exchange. Mira IV's principal business is the identification
and evaluation of assets or businesses with a view to completing a
Qualifying Transaction.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Notice on Forward-Looking Information
Information set forth in this news release contains
forward-looking statements. These statements reflect management's
current estimates, beliefs, intentions and expectations; they are
not guarantees of future performance. Mira IV cautions that all
forward looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many
of which are beyond Mira IV's control. Such factors include, among
other things: risks and uncertainties relating to Mira IV's
expectation to list its common shares on the TSX-V, its ability to
identify, evaluate and complete a Qualifying Transaction and other
risks and uncertainties, including those described in Mira IV's
final prospectus dated August 12,
2014 filed with the Canadian Securities Administrators and
available on www.sedar.com. Accordingly, actual and future events,
conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the
forward looking information. Except as required under applicable
securities legislation, Mira IV undertakes no obligation to
publicly update or revise forward-looking information.
SOURCE MIRA IV ACQUISITION CORP.