MCM Corrects Closing Date
03 Fevereiro 2014 - 10:30AM
Marketwired
MCM Corrects Closing Date
TORONTO, ONTARIO--(Marketwired - Feb 3, 2014) - MCM Capital One
Inc. (TSX-VENTURE:ZGN.P) ("MCM"), a Capital Pool Company,
issued a press release on January 24, 2014 which incorrectly stated
that the acquisition of Enerdynamics Technologies Inc. (the
"Acquisition") was to be completed no later than January 31, 2014.
The Acquisition is to be completed no later than April 28,
2014.
MCM has not completed its qualifying transaction within the 24
month period required under the policy of the TSX Venture Exchange
(the "Exchange") governing capital pool companies. As a result, the
trading status of the company's shares has changed from a halt
status to a suspend status. If MCM fails to complete its qualifying
transaction by April 28, 2014, MCM will be delisted on the
Exchange. MCM can transfer its listing to the NEX board of the
Exchange provided that it obtains majority shareholder approval
exclusive of votes held by non-arm's length parties.
Forward Looking Information
The information in this news release includes certain
information and statements about management's view of future
events, expectations, plans and prospects that constitute
forward-looking information. Forward-looking information includes
the completion date of the Acquisition. These statements are based
upon assumptions that are subject to significant risks and
uncertainties. Because of these risks and uncertainties and as a
result of a variety of factors, the actual results, achievements or
performance may vary materially from those anticipated and
indicated by these forward looking statements. The material risk
factors that could cause actual results to differ include the risk
that the Acquisition will be delayed for any of the reasons set out
in the forward looking information section of MCM's January 24,
2014 press release. Although MCM believes that the expectations
reflected in the forward-looking information are reasonable, it can
give no assurances that the expectations of any forward-looking
information will prove to be correct. Except as required by law,
MCM disclaims any intention and assumes no obligation to update or
revise any forward-looking information to reflect actual results,
whether as a result of new information, future events, changes in
assumptions, changes in factors affecting such forward looking
statements or otherwise.
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).
MCM Capital One Inc.Joseph HengDirector &
CFOjheng@macdonaldmines.com
(TSXV:ZGN.P)
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