HALIFAX, Jan. 24 /CNW/ - MedMira Inc., ("MedMira") (TSX Venture: MIR,
NASDAQ: MMIRF) the global market leader in premium rapid diagnostic solutions,
announced today that it has reached an agreement with a debt holder to settle
$500,000 owing for debts to the Company through the issuance of common shares.
The Company will issue 1,851,852 common shares at a price of $0.27 per share
subject to the approval of the TSX Venture Exchange.