MiMedia Announces Non-Brokered Private Placement for Gross Procceds of up to $6,000,000

Executive Summary

• MiMedia Holdings Inc. announced a non‑brokered private placement of up to 24 million subordinate voting shares at $0.25 per share, targeting gross proceeds of up to $6 million.
• The company entered a new business development partnership with Credico, which will promote MiMedia’s platform globally and whose founders are expected to invest a majority of the offering.
• Net proceeds are earmarked for growth initiatives, operational expansion, and general working capital; the securities carry a four‑month statutory hold period.

Key Details

• Offering Size: Up to 24,000,000 subordinate voting shares.
• Price per Share: $0.25.
• Maximum Gross Proceeds: $6,000,000.
• Use of Proceeds: Support growth initiatives, fund operations, and provide general working capital.
• Holding Period: Four‑month statutory hold period from issuance date.
• Regulatory Conditions: Subject to TSX‑V approval and other required securities law approvals; no U.S. registration – cannot be offered/sold in the United States absent exemption.
• Finder’s Fees: Company may pay eligible finders who introduce subscribers.
• Strategic Partnership: Credico will make MiMedia’s platform available to its global client base (telecom, energy, non‑profit sectors).
• Credico Founder Investment: Anticipated that Credico’s founders will purchase a majority of the offered shares.
• Quotes:
• “My partner and I are excited to be investing in MiMi… we believe the market opportunity for our partnership is significant.” – Co‑founder, Credico.
• “We are thrilled to announce this Offering and new business development partnership… both aimed to fuel exciting growth opportunities for MiMedia in 2026.” – Chris Giordano, CEO, MiMedia.

Notable Quotes

• Chris Giordano, CEO, MiMedia: “We cannot wait to start targeting together the high number of new potential partnerships both teams see ahead.”

Materiality Assessment: Material – Positive (significant financing and strategic partnership that could materially affect the company’s operations and capital structure).