Enerdynamic Hybrid Technologies Corp.
TSX VENTURE : EHT

September 10, 2014 16:38 ET

Enerdynamic Hybrid Technologies Corp.: Commencement of Trading

TORONTO, ONTARIO--(Marketwired - Sept. 10, 2014) - Enerdynamic Hybrid Technologies Corp. (TSX VENTURE:EHT) (the "Corporation") is pleased to announce that trading in the common shares of the Corporation will resume on September 11, 2014 under the symbol "EHT". The Corporation recently changed its name from MCM Capital One Inc. following its acquisition of Enerdynamic Hybrid Technologies Inc. ("EHTI"). The Corporation was first listed on the TSX Venture Exchange as a capital pool company and the acquisition of EHTI was its qualifying transaction. For details concerning the acquisition of EHTI, see the Corporation's filing statement dated August 20, 2014 filed in SEDAR.

Following the closing of the acquisition, the Corporation converted $2,000,000 of EHTI debentures into 4,000,000 common shares of the Corporation, as described in the Corporation's press release of September 5, 2014. After that conversion and the acquisition of EHTI, there are 62,369,446 common shares, 25,170,000 investor warrants, 2,117,000 unit broker warrants, 580,000 common share broker warrants and 335,000 incentive stock options outstanding in the capital of the Corporation. Each investor warrant is exercisable for one common share at an exercise price of $0.50 on or before August 29, 2015 and thereafter at $0.75 on or before August 29, 2016. Each unit broker warrant is exercisable for a unit consisting of one common share and one investor warrant at an exercise price of $0.25 on or before August 29, 2016. 400,000 common share broker warrants are exercisable for one common share each at an exercise price of $0.50 on or before August 29, 2016 and 180,000 common share broker warrants are exercisable for one common share at an exercise price of $0.20 on or before April 30, 2016. 259,625 incentive stock options are held by former directors of the Corporation and will expire on August 29, 2015 and the remaining 75,375 incentive stock options will expire on January 16, 2022. Each incentive stock option is exercisable for one common share upon payment of $0.20.

33,580,955 common shares, 4,000,000 investor warrants and 75,375 incentive stock options have been placed in escrow. 25% of these securities will be released upon issuance of the final Exchange bulletin approving the listing of the Corporation's shares and 25% will be released every 6 months thereafter. These escrowed shares are held by or on behalf of Rob Fia (102,000 common shares and 75,375 incentive stock options), John Gamble (801,448 common shares), Margaret Bryson (715,000 common shares), the Tom Bryson Family Trust (9,285,000 common shares), OSM Solarform Corp. (13,703,204 common shares and 2,000,000 investor warrants), Enerdynamic Systems Inc. (2,151,477 common shares and 300,000 investor warrants), Elgan Investments Inc. (541,030 common shares), Dynamic Systems Holdings Inc. (4,650,000 common shares and 1,700,000 investor warrants), Nicole Nelson (25,000 common shares), Hanover Investments Corporation Ltd. (606,796 common shares) and Laval & Co. (1,000,000 common shares). The number and allocation of these escrowed securities differs from that set out in the filing statement.

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).

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