A tropical wave is moving from the Caribbean into the Gulf of Mexico. The circulation is over land right now, but it is worth watching as it pushes west. It is not likely anything will develop untilmore>>
Dolly has developed in the southern Gulf of Mexico, but not a threat to the northern Gulf coast.more>>
Event planners seem to no longer be wary of booking in New Orleans during the height of hurricane season. more>>
Event planners seem to no longer be wary of booking in New Orleans during the height of hurricane season. The traditionally slow months are transforming with the return of some big-name conventions. more>>
Labor Day moves political campaigns into a high gear, and local candidates were out in force kissing babies and shaking hands. more>>
Labor Day moves political campaigns into a high gear, and local candidates were out in force kissing babies and shaking hands and...tweeting? more>>
Vancouver, BC / ACCESSWIRE / April 16 2014 / Mission Ready Services Inc. (MRS: TSX-V), (“Mission Ready” or the “Company”) is pleased to announce the closing of a $1.5 million private placement offering, first announced March 11, 2014, of Units of the Company at an issue price of $0.25 per Unit, each Unit consisting of (a) one common share of the Company (a “Share” or “Shares”), and (b) one share purchase warrant (a “Warrant”) of the Company (a “Unit” or “Units“). Each Warrant shall entitle the holder thereof to acquire one additional Share (a “Warrant Share” or “Warrant Shares“) at an exercise price of $0.50 per Warrant Share and expiring on August 26, 2015.
The closing took place in two tranches, 5,120,000 Units closed on April 1, 2014 and are restricted for resale until August 2, 2014 and the remaining 880,000 Units closed on April 16, 2014 and are restricted for resale until August 17, 2014.
The Units were sold, on a private placement basis, to persons who qualified as “accredited investors” or by other such exemptions available under applicable securities legislation in Canada and other jurisdictions determined by the Company. The securities offered are subject to resale restrictions pursuant to the applicable securities laws.
In consideration, finders were paid a cash commission of $90,800 and 236,400 broker Units warrants. Each unit is comprised of one share and one warrant. Each warrant shall entitle the holder thereof to acquire one additional share at a price of $0.50 per warrant share and expiring on August 26, 2015.
Business of the Company
MRSI was formed to meet a critical need of one of the world’s largest customers, the US Government and in particular the Departments of Defence, Homeland Security and Justice and various other agencies such as law enforcement, first responders and the many others worldwide that help to safeguard our health and security.
MRSI’s mission is to save lives and enhance the performance of military personnel, first responders, and those who protect us by working to ensure they are equipped with the best possible personal protective equipment.
MRSI’s management team offers over 100 years of combined industry experience and is composed of industry experts in developing products, contracting, and selling to the federal government, first responders and tactical markets through open market procurements, teaming arrangements, and a variety of federal contract tools.
Headquartered in Vancouver, BC, MRSI has three distinct, synergistic operating divisions:
o.Strategic consulting services and manufacturers representation
o.Equipment inspection, cleaning/decontamination and repair services of personal protection equipment
This news release may contain “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “forecast”, “project”, “budget”, “schedule”, “may”, “will”, “could”, “might”, “should” or variations of such words or similar words or expressions. Forward-looking information is based on reasonable assumptions that have been made by Mission Ready Services Inc. as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Mission Ready Services Inc.to be materially different from those expressed or implied by such forward-looking information.
Forward-looking statements are based on assumptions management believes to be reasonable. Although Mission Ready Services Inc. has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Mission Ready Services Inc. does not undertake to update any forward-looking information that is included herein, except in accordance with applicable securities laws.
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.
Tuesday, September 2 2014 10:07 AM EDT2014-09-02 14:07:52 GMT
Labor Day weekend has a special significance for alligator hunters in Mississippi. A few days into the start of this year's hunting season, a record-setting 756-pound gator was caught by Robert Mahaffeymore>>
Labor Day weekend has a special significance for alligator hunters in Mississippi. A few days into the start of this year's hunting season, a record-setting 756-pound gator was caught by Robert Mahaffey of Brandon in the first weekend of the season.more>>
For some, it may be hard to believe that nine years have passed since Hurricane Katrina made landfall and left major devastation in Louisiana and Mississippi. Most people will never forget where theymore>>
Friday marks nine years since Hurricane Katrina made landfall, causing major devastation in Louisiana and Mississippi.more>>
Sunday, August 31 2014 3:28 PM EDT2014-08-31 19:28:29 GMT
Disturbing pictures of an injured kindergartner from Pascagoula have made a mother's call for action go viral online.more>>
Disturbing pictures of an injured kindergartner from Pascagoula have made a mother's call for action go viral online. Friends and family of a Pascagoula kindergarten student have created a Facebook page and GoFundMe.com account claiming the girl was attacked on the playground this week by another student.more>>