ARHT Media Inc. Announces $2 Million Private Placement Financing

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TORONTO, ONTARIO--(Marketwired - Feb. 3, 2015) -

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ARHT Media Inc. (the "Company") ("ARHT") (TSX VENTURE:ART)(OTCQB:ARHTF), creators of digital human holograms called HumaGrams, is pleased to announce a non-brokered private placement of 5,000,000 units of the Company at a purchase price of $0.40 per unit, to raise CDN$2,000,000 (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 $0.75 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 Units issued on closing 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 help finance potential acquisitions.

The Offering is scheduled to close on or about February 13, 2015 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 Media Inc. creates HumaGrams™, the most believable and interactive human holograms. HumaGrams™ are generated using patent-pending Augmented Reality Holographic Technology (ARHT™), which is a scalable, repeatable and transportable form of 3D without the use of special glasses. This unique platform makes it possible for people to engage with HumaGrams™, opening up a wide range of applications from interactive retail displays, tradeshow booths, presentations, live shows and concerts. The various can be integrated into multiple forms of proximity and mobile marketing tactics to connect with an audience, drive sales efforts and create memorable experiences.

ARHT Media Inc. was co-founded in 2012, by Rene Bharti (Chairman), and entertainer Paul Anka (Chairman, Board of Advisors). The company is supported by a diverse and seasoned Management team spearheaded by its CEO Paul Duffy, a global entrepreneur and creator of the Digital Human Experience in online, mobile and holographic communications. ARHT team brings decades of experience from fields including entertainment, technology, marketing and finance. Advisors to the company include the likes of Larry King, Jason Bateman, Richard "Skip" Bronson, Michael Bublé, Carlos Slim, Irving Azoff and Kevin O'Leary.

ARHT Media trades under the symbol ART on the Toronto Venture Stock Exchange and the OTCQB Exchange under the symbol ARHTF.

For more information, please visit www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.

Connect With ARHT On Social 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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