GoverMedia Plus Announces Completion of Initial Pu
Post# of 32

01 March 2018
Vancouver, British Columbia: February 28, 2018 – GoverMedia Plus Canada Corp. (CSE: MPLS) ("GoverMedia" or the "Company"




Pursuant to the agency agreement dated January 3, 2018, Mackie Research Capital Corporation acted as agent (the "Agent"

The closing of the IPO followed the successful completion of a $1,000,000 capital raise pursuant to the exchange of sub receipts that occurred in connection with the filing of the final prospectus on January 8, 2018 (the "Sub-receipt Closing"


GoverMedia's common shares were listed on the Canadian Securities Exchange ("CSE"

Roland J. Bopp, CEO of GoverMedia Plus Canada Corp. commented, “The Company is pleased to be listed on the Canadian Securities Exchange; an exchange that embraces innovation and technology. The IPO process and resulting listing have provided access to the capital markets that will enable the Company to successfully roll out its internet platform.”
GoverMedia also announces the appointment of Mr. Arvin Ramos as Chief Financial Officer of the Company. Mr. Ramos brings extensive public company experience to GoverMedia. In connection with the appointment of Mr. Ramos and as disclosed in the prospectus, the Company has issued 225,000 options to directors and officers of the Company with an exercise price of $0.50 and which expire on February 28, 2023.
In addition, Mr. Aleksander Pushilin announces that he holds an aggregate of 13,750,000 common shares (the "Securities"

The Securities held by Mr. Pushilin are subject to an Escrow Agreement in accordance with National Policy 46-201 – Escrow for Initial Public Offerings. Upon release of the Securities from escrow pursuant to the terms of the Escrow Agreement, Mr. Pushilin may dispose of the Securities in accordance with applicable securities laws. Mr. Pushilin may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments of GoverMedia in the open market or otherwise, and reserve the right to dispose of any or all of his Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of GoverMedia and other relevant factors, including compliance with applicable securities laws.
A copy of the early warning report to be filed by Mr. Pushilin will be available on SEDAR under GoverMedia's profile. This news release is issued under the early warning provisions of the Canadian securities legislation.
This press release is not an offer of securities of the Company for sale in the United States. The Common Shares of the Company may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the U.S. Securities Act”), or an exemption from such registration. The Common Shares have not been and will not be publicly offered in the United States. The Common Shares have not been and will not be registered under the U.S. Securities Act or any state securities laws.
About GoverMedia Plus Canada Corp.
GoverMedia Plus Canada Corp. is a Canadian holding company with a fully owned Russian technology subsidiary. GoverMedia has developed a fully operational state of the art internet platform offering all-inclusive online services such as, e-commerce, social media, multimedia, corporate auctions, corporate database, messaging platform and crowdfunding services. We believe the GoverMedia platform is the first and only internet platform offering such a wide range of online services accessible via only one account. The Company’s management and advisors have extensive expertise in the Telecommunications, High-Technology, Corporate Development and Finance fields. www.gm.plus and www.govermedia.plus.
For further information, please contact:
Roland J. Bopp
President and CEO
(888) 672-4415
https://www.gm.plus/pr2

