Miza Enterprises Inc. Announces Closing of $1,440,000 Private Placement
MIZA ENTERPRISES INC.
SUITE 3123 – 595 BURRARD STREET
VANCOUVER, BC V7X 1J1
TEL: (604) 609-6110
FAX: (604) 609-6145
January 20, 2017 TSXV – MZA.H
MIZA ENTERPRISES INC. ANNOUNCES CLOSING OF $1,440,000 PRIVATE PLACEMENT
Vancouver, British Columbia – Miza Enterprises Inc. (TSXV – MZA.H) (the “ Company”) is
pleased to announce the closing of its non-brokered private placement (the “Private Placement”) of
24,000,000 post-split common shares at a price of $0.06 per share (post-split) for gross proceeds of
$1,440,000. There were no finder’s fees paid in connection with the Private Placement. The common
shares issued pursuant to the Private Placement are subject to a four month hold period expiring May 21,
2017. Proceeds from the financing will be used for wo rking capital, G & A for the next 12 months, for
review and completion of due diligence on potential ac quisitions and, if sufficient, for payment of
deposits on potential acquisitions.
The Company is looking to acquire exploration, de velopment and production stage base metal projects,
along with additional management with base metal expertise, with the goal of becoming a significant base
metals company.
Pursuant to the issuance of shares in the Private Pl acement, the percentage of shares previously acquired
by Clive Johnson, Tom Garagan, Ha rry Pokrandt and Roger Richer, none of whom participated in the
private placement, have been diluted.
Mr. Johnson and related entities own 13,350,000 post-split common shares which prior to the Private
Placement represented 40.70% of the outstanding comm on shares of the Company. Mr. Johnson’s shares
now represent 23.50% of the current issued and outstanding common shares of the Company after
completion of the Private Placement. Mr. Johnson a nd related entities would ow n 24.50% on a partially
diluted basis, assuming the exercise of 750,000 post-split incentive stock options.
Mr. Garagan owns 3,750,000 post-split common shares wh ich, prior to the Private Placement represented
11.43% of the outstanding common shares of the Co mpany. Mr. Garagan’s shares now represent 6.60%
of the current issued and outstanding common shares of the Company after completion of the Private
Placement. Mr. Garagan would own 7. 82% on a partially diluted basis, assuming the exercise of 750,000
post-split incentive stock options. Tom Garagan is no longer deemed a 10% holder of the Company and is
not required to complete any further regulatory filings.
Mr. Pokrandt indirectly owns 3,000,000 post-split co mmon shares which, prior to the Private Placement
represented 9.15% of the outstanding common shares of the Company. Mr. Pokrandt’s shares now
represent 5.28% of the current issued and outstandi ng common shares of the Company after completion
of the Private Placement. Mr. Pokrandt would direc tly and indirectly own 6.52% on a partially diluted
basis, assuming the exercise of 750,000 post-split in centive stock options. Harry Pokrandt is no longer
deemed a 10% holder of the Company and is not required to complete any further regulatory filings.
Mr. Richer owns 3,000,000 post-sp lit common shares which, prior to the Private Placement, represented
9.15% of the outstanding common shares of the Comp any. Mr. Richer’s shares now represent 5.28% of
the current issued and outstanding common shares of the Company after completion of the Private
Placement. Mr. Richer would own 6.52% on a partially diluted basis, assuming the exercise of 750,000
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post-split incentive stock options. Roger Richer is no longer deemed a 10% holder of the Company and is
not required to complete any further regulatory filings.
ON BEHALF OF MIZA ENTERPRISES INC.
“Harry Pokrandt”
Harry Pokrandt
CEO, President and Director
For further information please contact:
Kristen Reinertson
CFO & Corporate Secretary
(604) 609-6118
Neither the 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.