Mars One Ventures AG

DGAP-News: InFin Innovative Finance AG: Mars One Takeover Approved by InFin Shareholders


DGAP-News: InFin Innovative Finance AG / Key word(s): Takeover
InFin Innovative Finance AG: Mars One Takeover Approved by InFin Shareholders

02.12.2016 / 18:15
The issuer is solely responsible for the content of this announcement.

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Mars One Takeover Approved by InFin Shareholders
Takeover provides a new avenue of funding the next phase of the Mars mission.

Frankfurt, December 2nd, 2016- Mars One and InFin Innovative Finance AG
[FRA:KCC] ("InFin") are pleased to announce that the InFin shareholders have
approved the acquisition of Mars One Ventures PLC ("Mars One Ventures") by
InFin. The acquisition is now only pending approval by the board of Mars One
Ventures. The takeover provides a solid path to funding the next steps of Mars
One's mission to establish a permanent human settlement on Mars. Those steps
include reducing the remaining 100 astronaut candidates to just 24, as well as
continuing the mission design phase with Mars One's technology suppliers.

In the general assembly meeting earlier today, 18.81% of the InFin shareholders
were present in person or by proxy. All shareholders present have voted in favor
of the agreement with Mars One. The agreement involves issuing 478,887,500 new
shares for purchase of the Mars One Ventures PLC shares, appointing Suzanne
Flinkenflögel and Bas Lansdorp to the board and renaming InFin to Mars One
Ventures AG. The shareholders have also approved issuing up to 248,497,000 new
shares for the capital raise that is currently ongoing.

Professor Moritz Hunzinger, CEO of InFin, says: "The board of InFin has received
a strong mandate from its shareholders for the Mars One Ventures takeover. We're
looking forward to the exciting new steps that lay ahead."

Bas Lansdorp, CEO and co-founder of Mars One, says "This is a crucial step
forward in the acquisition discussions and we're very pleased with receiving the
overwhelming support from the InFin shareholders and the fast pace of the
process. The Mars One board will approve the acquisition as soon as possible.
Once this deal is completed, we'll be in a much stronger financial position as
we begin the next phase of our mission. Very exciting times!"

About Mars One

Mars One aims to establish a permanent human settlement on Mars. Before
carefully selected and trained crews will depart to Mars, several unmanned
missions will be completed, establishing a habitable settlement waiting for the
first astronauts to arrive.

Mars One consists of two entities: the Dutch not-for-profit Mars One Foundation
and a British public limited company Mars One Ventures PLC (Mars One Ventures).
The Mars One Foundation implements, and manages the mission and owns the mission
hardware. It also selects and trains the crews, and is building an ever growing
community of experts and supporters that follow the progress of the mission and
contribute to it.

Mars One Ventures holds the exclusive monetization rights around the Mars One
mission. There are many revenue possibilities around the mission to Mars:
merchandise, ads on video content, broadcasting rights, partnerships,
Intellectual Property, events, games, apps, and many more.

For more information about Mars One, please visitwww.mars-one.com.

About InFin Innovative Finance

InFin Innovative Finance AG (Basel, Switzerland) provides innovative services
within the scope of financing, setting up, building, acquiring, managing and
selling companies and participations in companies at home and abroad as well as
holding and managing licenses and patents of all kinds. After the completion of
the full takeover of Mars One, the company will trade as "Mars One Ventures AG"
and henceforth change its business purpose accordingly.

For more information about InFin, please visitinfin-innovative.com.

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02.12.2016  Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English

Company:  InFin Innovative Finance AG

          Birsigstr. 2

          4054 Basel

          Switzerland

Phone:    +41 61 312 34 11

E-mail:ir@infin-innovative.com

Internet: www.infin-innovative.com

ISIN:     CH0132106482

WKN:      A14NYB

Listed:   Regulated Market in Frankfurt (General Standard); Regulated Unofficial
Market in Munich


End of News DGAP News Service
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