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Vancouver, BC / February 29, 2016 / TheNewswire - Miza Enterprises Inc. (TSX-V: MZA.H) (the "Company"), a capital pool company, is pleased to announce that the Company has completed its private placement (the "Private Placement") of 10,000,000 (the "Common Shares") at a price of $0.05 per Common Share, for aggregate proceeds of $500,000. The total of 10,000,000 Common Shares issued pursuant to the Private Placement are subject to a hold period in accordance with applicable securities legislation.
The proceeds of the Private Placement will be used for general working capital and towards identifying and evaluating a Qualifying Transaction of the Company.
Further to its news release dated February 16, 2016, the Company is also pleased to announce the appointment of Mr. David Michael Antony and Mr. Peter Christopher to the board of directors of the Company concurrently with the close of the Private Placement.
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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