Mars One Ventures AG: New shares issued after the company's valuation at US$ 389,300,000

Mars One Ventures AG: New shares issued after the company's valuation at US$ 389,300,000

DGAP-News: Mars One Ventures AG / Key word(s): Miscellaneous10.03.2017 / 10:41

The issuer is solely responsible for the content of this announcement.

Amersfoort, March 10, 2017 — Mars One Ventures AG announced that the share capital increased by 478,887,500 shares for the takeover. The Swiss Commercial Register has approved the capital increase based on an independent valuation report by a Swiss auditor, valuing Mars One at US$ 389,300,000 (which is the equivalent to EUR 368,742,600 at the current EUR/USD exchange rate of 1.06).

"We're pleased that the capital increase of Mars One Ventures AG was carried out, completing the transaction for the takeover & actually thrilled with the valuation of our company" Bas Lansdorp, CEO & co-founder of Mars One, said today. "The valuation is based on an independent review of our revenue projections, based on previous results, & results in a value per share of approximately EUR0.74, which is well above the current share price at the Frankfurt Stock Exchange."

Over the last years, the whole space industry has benefited from the increased interest in Mars exploration & because of that Mars One, has experienced a significant increase in interest for its mission to Mars. An significant factor in the increase of public interest are the efforts of upcoming space countries, including India's successful orbit insertion in 2014 at a fraction of the costs of previous Mars mission, & UAE's plans to launch a Mars spacecraft in 2020. Other significant factors include the significant technical achievements of several private space companies such as SpaceX & Blue Origin, the successes of movies & TV series, such as 'The Martian', & National Geographic's 'Mars' Series. Finally, there is the continued interest in existing Mars missions like ESA's ExoMars mission & NASA's active orbiters & rover missions. "The increased interest in Mars programs has a major positive impact on the business potential of Mars One Ventures, as it is based on the public interest for & therefore commercial value of Mars One's mission to Mars," explains Lansdorp.

About Mars One
Mars One aims to establish a permanent human settlement on Mars. Before carefully selected & trained crews will depart to Mars, several unmanned missions will be completed, establishing a habitable settlement waiting for the first astronauts to arrive.
Mars One consists of two entities: the not-for-profit Mars One Foundation & the publicly trading Mars One Ventures AG [FRA: KCC], ISIN: CH0132106482. The Mars One Foundation implements, & manages the mission & owns the mission hardware. It moreover selects & trains the crews, & is building an ever growing community of experts & supporters that follow the progress of the mission & contribute to it.
Mars One Ventures holds the exclusive monetization rights around the Mars One mission. There are many revenue possibilities around the mission to Mars: merchandise, ads on video content, broadcasting rights, partnerships, Intellectual Property, events, games, apps, & many more.
For more information approximately Mars One, please visit www.mars-one.com.

10.03.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News & Press Releases. Archive at www.dgap.de

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 News
DGAP News Service

Source: “EQS Group”

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