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Mykco Limited, the NZAX listed shell company, has announced that it has placed 3,269,479 shares at 6.6 cents per share for $215,785.23 in cash. Mr. Brent King, a Director said, "We are continuing to build the resources of Mykco. The company is in a strong position to attract new potential acquisitions". There are currently no proposals being reviewed but the Directors are hopeful of receiving a proposal in the New Year. On behalf of the Board of Directors Brent King Director 13th January 2017 For further information Mr Brent King Director +64 21-632-660 Brent.King@IRG.co.nz End CA:00295515 For:MYK Type:ALLOT Time:2017-01-13 09:58:53