Nuuvera completes qualifying transaction and US$20 million equity financing

On December 29, 2017, Nuuvera Inc. ("Nuuvera") (formerly Mira IX Acquisition Corp.) completed its qualifying transaction (the “Transaction”) under the policies of the TSX Venture Exchange (the “TSXV”). In connection with the Transaction, Nuuvera Holdings Limited (formerly Nuuvera Corp.) amalgamated with Mira IX Subco Inc. and the amalgamated entity (named Nuuvera Holdings Limited) became a wholly-owned subsidiary of Nuuvera. The common shares of Nuuvera commenced trading on the TSXV on January 9, 2018 under the symbol “NUU”. In connection with the Transaction, Nuuvera Holdings Limited completed a brokered private placement of subscription receipts for gross proceeds of $20 million led by GMP Securities L.P. and including Clarus Securities Inc. and Canaccord Genuity Corp. Each subscription receipt was exchanged for one common share of Nuuvera Holdings Limited, and then subsequently exchanged for one common share of Nuuvera under the Transaction. Upon completion of the Transaction, former shareholders of Nuuvera Holdings Limited held a significant majority of the outstanding Nuuvera shares. Fasken advised Nuuvera with a team that included Tracy Hooey, Justine Connors, David Steinhauer, Mariko Rivers, Matthew Downer and Niusha Arbabi (Securities and M&A), Christelle Gedeon (Regulatory) and Mitch Thaw (Tax).