(via Thenewswire.ca)
Vancouver, BC / February 16, 2016 / TheNewswire Miza Enterprises Inc. (TSX-V: MZA.H) (the "Company"), a capital pool company, is pleased to announce that it is raising, by way of non-brokered private placement (the "Private Placement") of up to 10,000,000 (the "Common Shares") at a price of $0.05 per Common Share, for aggregate proceeds of up to $500,000. The proceeds of the Private Placement will be used for general working capital and towards identifying and evaluating a Qualifying Transaction of the Company. The Private Placement has received conditional approval from the TSX-V. The Company currently has 932,857 Common Shares issued and outstanding. Following the Private Placement, the Company will have approximately 10,932,857 Common Shares issued and outstanding.
Director Appointment
The Company is also pleased to announce the appointment of two additional directors, Mr. David Michael Antony and Mr. Peter Christopher, effective upon the close of the Private Placement.
Mr. Antony, a Chartered Professional Accountant since 1991, has years of experience serving on boards and management teams of numerous public issuers. He currently serves on the board of Fantasy Aces Daily Fantasy Sports Corp., Blackhawk Resource Corp., Africa Hydrocarbons Inc., Valencia Ventures Ltd. and Iron Tank Resources Corp. Mr. Antony currently serves as CEO of Blackhawk Resource. Mr. Antony also serves on the Alberta Advisory Committee and the National Advisory Committee of the TSX Venture Exchange.
Mr. Christopher, a professional engineer and a member of the Association of Professional Engineers of BC since 1976, has years of experience serving on boards and management teams of numerous public issuers. In the past, he has served as a director of Alpha Minerals Inc., President and director of East Asia Minerals Corporation, President and director of Entree Gold Inc. and President and director of Petroreal Oil Corp.
On behalf of the board of
MIZA ENTERPRISES INC.
Per: "Patrick Wong"
Patrick Wong
Director and Chief Executive Officer
For further information, please contact Patrick Wong at:
c/o 1708 West 6th Avenue
Vancouver, British Columbia
Canada V6J 5E8
Direct: (604) 739-9500
Fax: (604) 739-9394
Email: patrick@wongrobinson.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Statements: This news release includes certain forward-looking information and forward-looking statements (collectively "Forward-Looking Statements") concerning the future performance of the Company's business, operations and financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-Looking Statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-Looking Statements are based on the current opinions and expectations of management. All Forward-Looking Statements are inherently uncertain and subject to a variety of risks and uncertainties. Should one or more risks and uncertainties materialize or should any assumptions prove incorrect, then actual events or results may differ materially from those expressed or implied in the Forward-Looking Statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these Forward-Looking Statements, except as required by applicable law.
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