VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/15 — Moseda Technologies Inc. (TSX VENTURE: MSD) (“Moseda” or the “Company”), a technology company focused on developing best in class institutional and home health care solutions and fleet management solutions, is pleased to announce that the TSX Venture Exchange (the “TSXV”) has confirmed its conditional acceptance of the private placement announced August 31, 2015. The Company anticipates the private placement will be oversubscribed. As a result, the Company expects to close the private placement on or about September 30, 2015.
ON BEHALF OF THE BOARD
Nicholas Murray, CEO & Director
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.
Cautionary Statements Regarding Forward-Looking Information
Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”.
We caution you that such “forward-looking statements” involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.
Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
Moseda Technologies Inc. (the “Company”) does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company–s historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.
Contacts:
Nicholas Murray
+1 604-637-6098
Kam Thindal
+1 604 488-9875
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