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     1732  0 Kommentare ARTH Media Announces up to $2,500,000 Million Private Placement Financing

    TORONTO, ONTARIO--(Marketwired - Dec. 19, 2017) -

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

    ARHT Media Inc. (the "Company" or "ARHT") (TSX VENTURE:ART), creators of digital human holograms called HumaGrams, is pleased to announce a non-brokered private placement of up to 6,250,000 units of the Company at a purchase price of $0.40 per unit, to raise up to CDN$2,500,000 (the "Offering"). Each unit will be comprised of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant (a "Warrant") will be exercisable to purchase one additional common share of the Company at an exercise price of $0.60 per share for a period of two years following the closing of the Offering. If at any time after four months and one day from the closing of the Offering, the common shares of the company trade at $0.80 per common share or higher (on a volume weighted adjusted basis) for a period of 20 consecutive days, the Company will have the right to accelerate the expiry date of the Warrants to the date that is 30 days after the Company issues a news release announcing that it has elected to exercise this acceleration right.

    The securities underlying the units issued on closing of the Offering will all be subject to a four month statutory hold period commencing on the date of issuance. The Company may pay finder's fees in accordance with TSX Venture Exchange policies.

    The proceeds from the Offering will be used for general working capital purposes and to acquire equipment related to the business.

    The Offering is scheduled to close in tranches, with a first tranche expected to close prior to December 31, 2017 and a second tranche to close on or about January 10, 2018 and is subject to certain conditions including receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

    About ARHT Media

    ARHT's patented Augmented Reality Holographic Telepresence technology is the world's first complete end-to-end solution for the creation, transmission, and delivery of lifelike digital human holograms, known as HumaGrams™. The Company's technology is protected by U.S. Patent No. 9,581,962.

    Connect with ARHT Media

    Twitter: http://www.twitter.com/ARHTmedia

    Facebook: http://www.facebook.com/ARHTmediainc

    LinkedIn: http://www.linkedin.com/company/arht-media-inc-

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    ARTH Media Announces up to $2,500,000 Million Private Placement Financing TORONTO, ONTARIO--(Marketwired - Dec. 19, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ARHT Media Inc. (the "Company" or "ARHT") (TSX VENTURE:ART), creators of digital human …