Reynolds Acquires Additional Shares

VANCOUVER, BC / ACCESSWIRE / March 30, 2015 / Mezzi Holdings Inc. (“MEZZI” or the “Company”) (TSX-V: MZI, FRA: 0MZ) announces that pursuant to a private share transfer agreement, Keir Reynolds, CEO of the Company, has acquired ownership, control and direction over 2,224,500 common shares of the Company, representing 5.8% of the issued and outstanding common shares of the Company, at an effective price of CAD$0.14 per share.

Following the acquisition, Mr. Reynolds has ownership, control and direction over 3,602,500 common shares, representing 9.4% of the issued and outstanding common shares of the Company, and 550,000 share purchase options. Assuming exercise of all of the share purchase options held by Mr. Reynolds, he would have ownership, control and direction over 4,152,500 common shares, representing 10.9% of the issued and outstanding common shares. Mr. Reynolds also exercise control and direction over 1,327,500 common shares of the Company held by Mammoth Market Advisory Corp. When combined with Mr. Reynolds existing holdings, and assuming exercise of all share purchase options held by Mr. Reynolds, he would have control and direction over 5,480,000 common shares, representing 14.3% of the issued and outstanding common shares.

Mr. Reynolds has advised the Company that he has acquired the shares for investment purposes, and may in the future acquire or dispose of shares as circumstances or market conditions warrants.

A copy of the early warning report filed with the applicable securities regulators regarding the above acquisition is available under the Company’s SEDAR profile (www.sedar.com).

About MEZZI

MEZZI is disrupting the status quo in the luxury accessories market as it recently unveiled a beautiful new product line featuring cutting edge technology, making MEZZI the true smart luxury brand. Each piece, including handbags, duffel bags and essential leather goods, allows wireless connectivity between your MEZZI bag and smartphone, providing a completely new user experience. With fine leather sourced directly from Italy, all pieces in the MEZZI Smart Luxury collection are manufactured to precision quality.

For further information please contact:

Mr. Keir Reynolds
CEO
Tel: (778) 998-9242
Email: keir@mezzi.com

ON BEHALF OF THE BOARD

Keir Reynolds
Chief Executive Officer

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.

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

SOURCE: Mezzi Holdings Inc. 

ReleaseID: 427358