HALIFAX, NOVA SCOTIA--(Marketwired - Jan. 30, 2017) - MedMira Inc. (MedMira) (TSX VENTURE:MIR) held its 2017
Annual General Meeting of Shareholders on January 27, 2017. Incumbent Directors Mr. Hermes Chan and Mr. Marvyn Robar were
re-elected. Dr. Shou-Ching Tang, a world-class clinical oncologist, who retired as a Director in 2014, was elected to the
Board during the meeting held in Halifax, Nova Scotia.
Mr. Romano Robusto and Dr. Philippe Dro chose not to stand for re-election to the MedMira Board of Directors. The Company
thanks Mr. Robusto and Dr. Dro for their service as Directors. Mr. Hermes Chan was appointed by MedMira Holding AG, the
Company's controlling shareholder, to replace Dr. Dro as its representative on the Board.
Shareholders also approved the appointment of Deloitte LLP as the Company's auditors during the meeting.
MedMira granted 1,175,000 options to purchase common shares to Directors as a part of the 2016 compensation package under the
amended Stock Option Plan approved by shareholders at the 2016 Annual General & Special Meeting of Shareholders. Options were
granted at an exercise price of $0.10 per share and exercisable for a period of three years ending January 29, 2020.
About MedMira
MedMira is the developer and owner of Rapid Vertical Flow (RVF) Technologyä. The Company's rapid test applications built on
RVF Technology provide hospitals, labs, clinics and individuals with instant diagnosis for diseases such as HIV and hepatitis C
in just three easy steps. The Company's tests are sold under the Revealâ, Multiplo™ and Miriad™ brands in global markets.
MedMira's corporate offices and manufacturing facilities are located in Halifax, Nova Scotia, Canada and the Company has a sales
and customer service office located the United States. For more information visit medmira.com. Follow us on Twitter and
LinkedIn.
This news release contains forward-looking statements, which involve risk and uncertainties and reflect the Company's
current expectation regarding future events including statements regarding possible approval and launch of new products, future
growth, and new business opportunities. Actual events could materially differ from those projected herein and depend on a
number of factors including, but not limited to, changing market conditions, successful and timely completion of clinical
studies, uncertainties related to the regulatory approval process, establishment of corporate alliances and other risks detailed
from time to time in the company quarterly filings.
Neither 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.