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Minaean Sp Construction Corp. Signs A Strategic Cooperation Agreement With General Electric For Neurosciences Hospital Project In Cote D’ivoire

Vancouver, BC, Canada – May  25, 2017 – Minaean SP Construction Corp. (TSX Venture Exchange: MSP; Berlin and Frankfurt Stock Exchanges: NJA) (the “Company”) is pleased to announce that it has signed a strategic cooperation agreement with General Electric’s Cote D’Ivoire based subsidiary, General Electric International Operations, Cote D’Ivoire on May 11th, 2017.

The collaboration agreement is signed between the two corporations for supply and maintenance of equipment desired by Ministry of Health, Cote D’Ivoire for the 150 bed Neurosciences Hospital.

Minaean SP Construction Corp. has signed a Memorandum of Understanding with Ministry of Health, Cote D’Ivoire for Design and Build contract. The concept designs of this project have been submitted to Ministry of Health which is to be equipped and maintained by GE Healthcare (GEHC). The collaboration agreement lays the foundation for a long term relationship for MSP with GEHC for all its future healthcare projects, especially in Africa. MSP has the mandate to develop similar projects globally, primarily for countries in Africa.

About the Company

Minaean SP Construction Corp. is a company well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings in India. The strong, affordable, ecologically sustainable structures present a promising solution to the mass housing shortages in developing countries in addition to a range of conventional applications. The company is an affiliate of well-known construction conglomerate “Shapoorji Pallonji Group” from India.

The shares of Minaean SP Construction Corp. (parent company) are publicly traded on the TSX Venture Exchange under the symbol “MSP” and on the Berlin and Frankfurt Stock Exchanges under the symbol “NJA”.  For more information, please visit www.minaean.com.

On behalf of the Board of Directors

MINAEAN SP CONSTRUCTION CORP.

“Mervyn Pinto”

Mervyn Pinto
President & Director

Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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