Mises Capital Corporation
TSX VENTURE : MPP.P

Mises Capital Corporation

April 07, 2006 17:33 ET

Mises Capital Corporation Announces Private Placement

CALGARY, ALBERTA--(CCNMatthews - April 7, 2006) - Mises Capital Corporation (TSX VENTURE:MPP.P) ("Mises" or the "Corporation") announced today that it will be conducting a non-brokered private placement of a minimum of 1,333,333 common shares up to a maximum of 3,000,000 common shares at $0.30 per share for gross proceeds of $400,000, for the minimum offering, and up to $900,000 for the maximum offering (the "Offering"). Proceeds from the Offering will be applied to the US$1,000,000 purchase price of Mises' previously announced proposed acquisition of an interest in certain producing oil & gas assets located in the Republic of Columbia (the "Acquisition") and applied to working capital. Mises anticipates the Offering to close on or about the closing of the Acquisition.

The Acquisition, once completed, is intended to be the qualifying transaction (the "Qualifying Transaction") of Mises in accordance with Policy 2.4 of the TSX Venture Exchange (the "TSXV"). Mises is currently negotiating formal agreements with the vendor for the Acquisition and preparing the requisite filing documentation required by the TSXV under Policy 2.4.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the common shares in the United States. The common shares will not be and have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States in the absence of registration or an applicable exemption from the registration requirements.

In accordance with TSXV policy, the common shares of Mises are currently halted from trading.


The TSX Venture Exchange Inc. has in no way passed upon the merits of the Qualifying Transaction and has neither approved nor disapproved the contents of this news release.

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