MiMedia Issues Warrants Pursuant to Securities for Services Transaction | MIMDF Stock News

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Apr 23, 2025
  • MiMedia Holdings (OTCQB: MIMDF) has issued 249,426 warrants as part of a securities for services transaction.
  • Each warrant allows the purchase of one subordinate voting share at $0.51, exercisable until March 31, 2030.
  • The warrants are subject to a hold period ending August 3, 2025, in compliance with securities laws and TSX Venture Exchange policies.

On April 23, 2025, MiMedia Holdings Inc. (OTCQB: MIMDF) announced the issuance of 249,426 warrants to a consultant in compensation for advisory services rendered. This transaction follows a previously announced advisory services agreement from January 31, 2025.

Each warrant entitles the holder to purchase one subordinate voting share of the company at an exercise price of $0.51 per share. The warrants are valid until March 31, 2030, with a mandatory holding period that concludes on August 3, 2025, to comply with applicable securities laws and TSX Venture Exchange regulations.

MiMedia Holdings provides a next-generation consumer cloud platform aimed at securing and organizing personal media. The platform helps drive content re-engagement and is partnered with global smartphone manufacturers and telecom carriers to offer recurring revenue streams and enhance customer retention.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.