02:44 PM EST - ARHT Media Inc. : Announced a non-brokered private placement of up to 8,000,000 units of the Company at a purchase price of $0.25 per unit, to raise up to $2,000,000. Each unit will be comprised of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant will be exercisable to purchase one additional common share of the Company at an exercise price of $0.40 per share for a period of two years following the closing of the Offering. ARHT Media Inc.
shares V.ART are trading up $0.015 at $0.22.
