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MCM Capital receives conditional approval for QT

2014-08-20 20:06 ET - News Release

Mr. Joe Heng reports

MCM CAPITAL ONE INC. ANNOUNCES FILING OF FILING STATEMENT ON SEDAR AND ANTICIPATED CLOSING DATE OF QUALIFYING TRANSACTION

MCM Capital One Inc. is providing the following updates regarding its proposed qualifying transaction with Enerdynamic Hybrid Technologies Inc.

Filing statement

The company has filed its filing statement dated Aug. 20, 2014, relating to the qualifying transaction. Investors may view the filing statement on SEDAR.

TSX Venture Exchange approval and anticipated closing date

The company has received conditional acceptance of the qualifying transaction from the TSX Venture Exchange. The parties will immediately move forward with closing the qualifying transaction and intend to submit all materials to the exchange in order to satisfy the exchange's listing conditions as soon as possible. Once the exchange's final listing conditions are satisfied, the exchange will issue a final exchange bulletin. The company anticipates that the transactions contemplated in the filing statement will be completed and that the qualifying transaction will close on or about Sept. 2, 2014. A further press release will be issued following closing of the qualifying transaction.

Following closing of the qualifying transaction, the shares are expected to list on the exchange under the symbol "EHT."

We seek Safe Harbor.

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