HALIFAX, Sept. 6 /CNW/ - MedMira Inc., (“MedMira”) (TSX Venture: MIR, NASDAQ: MMIRF) the global market leader in premium rapid diagnostic solutions, announced today that it has completed a transaction, previously announced on July 24, 2007, in which one supplier and two debt holders agreed to settle $685,000 owing for debts and services rendered to the Company through the issuance of common shares. As a result, the Company has issued 6,850,000 common shares at a price of $0.10 per share.