News Column

Miraculins Announces Private Placement Offering

May 21, 2014



WINNIPEG, MANITOBA--(Marketwired - May 21, 2014) - Miraculins Inc. (TSX VENTURE:MOM), (the "Company"), a medical diagnostic company focused on acquiring, developing and commercializing diagnostic tests and risk assessment technologies for unmet clinical needs, today announces a non-brokered private placement offering (the "Offering") of up to 2,500,000 units ("Units") at a price of $0.10 per Unit for gross proceeds of up to $250,000. Each Unit will be comprised of one common share of the Company (a "Share") and one Share purchase warrant. Each whole warrant (a "Warrant") will entitle the holder to purchase one Share at a price of $0.15 per Share for a period of 24 months from the date the Warrant is issued.

Certain persons may assist the Company by introducing potential subscribers for the Offering and, subject to compliance with applicable legislation, will be entitled to receive a finder's fee, payable in cash and share purchase warrants, as permitted by law.

The net proceeds of the Offering will be used for general corporate purposes.

It is anticipated that a director of the Company, Jim Mellon, through an investment company that he controls, will subscribe for 1,450,000 Units for gross proceeds of $145,000. Another insider of the Company is expected to subscribe for 50,000 Units for gross proceeds of $5,000.

The Offering is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

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.

FOR FURTHER INFORMATION PLEASE CONTACT: Christopher J. Moreau President & CEO Miraculins Inc. 204-477-7599 204-453-1546 (FAX) info@miraculins.comwww.miraculins.com Source: Miraculins Inc.


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Source: Marketwire (Canada)


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