06.07.2018 – 09:15

Mars One Ventures AG

DGAP-Adhoc: Mars One Ventures AG signs EUR12m funding agreement with Phoenix Enterprises AG

DGAP-Ad-hoc: Mars One Ventures AG / Key word(s): Investment
Mars One Ventures AG signs EUR12m funding agreement with Phoenix Enterprises AG

06-Jul-2018 / 09:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Mars One Ventures AG (the "Company") is pleased to announce that it has signed
an agreement with Phoenix Enterprises AG ("Phoenix"), a Swiss investment
company.  Under the agreement, Phoenix will subscribe for shares over a twelve
month period, raising a total of up to EUR12 million, with a minimum of EUR0.5
million to be raised in any one calendar month. Half of the shares subscribed
for will be new shares, subject to a General Meeting resolution to be called at
the earliest opportunity, the other half will be shares borrowed from existing
shareholders.

In addition, the Company has granted Phoenix warrants that can be exercised at
any point with a three year exercise period subject to a minimum of EUR2 million
having being raised in the agreement with Phoenix. The issuing of these warrants
will also be subject to a resolution of the General Meeting.

First proceeds are expected in July 2018. The Company intends to use the
proceeds to complete its re-listing on the Frankfurt Stock Exchange, to pay the
license fee to Stichting Mars One and for general corporate purposes. The
license fee, in turn, will enable Stichting Mars One to start a series of high
profile activities, including the next round of astronaut selections, that the
Company believes will add material value to the Company's media rights.---------
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Language: English

Company:  Mars One Ventures AG

          Birsigstr. 2

          4054 Basel

          Switzerland

Phone:    +41 61 312 34 11

E-mail:    ir@mars-one.com

Internet: http://www.mars-one.com/investor-relations/

ISIN:     CH0132106482

WKN:      A14NYB

Listed:   Regulated Market in Frankfurt (General Standard); Regulated Unofficial
Market in Munich



 

End of Announcement DGAP News Service

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702209  06-Jul-2018 CET/CEST