Mk2 Ventures Ltd. Completes Private Placement
June 1, 2018 – Vancouver, British Columbia – MK2 Ventures Ltd. (the “Company”) announces that it has completed its private placement and has issued 4,400,000 units at a price of $0.125 per unit for gross proceeds of $550,000. Each “Unit” consists of one common share of the Company and one transferable common share purchase warrant entitling the holder to acquire an additional common share at a price of $0.15 for a period of twelve months.
The Company intends to utilize the proceeds of the placement for the evaluation of potential strategic acquisitions and for general working capital purposes.
All securities issued in connection with the placement are subject to a four-month-and-one-day statutory hold period.
ON BEHALF OF THE BOARD
“Hani Zabaneh”
CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.