Welcome to our dedicated page for MiMedia Holdings news (Ticker: MIMDF), a resource for investors and traders seeking the latest updates and insights on MiMedia Holdings stock.
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MiMedia Holdings (TSXV: MIM) (OTCQB: MIMDF) has issued 1,240,000 subordinate voting shares to settle the interest payment due December 31, 2024, on its 10% Unsecured Convertible Debentures. The Interest Payment Shares were issued at a Market Price of $0.25 per share.
The Debentures were issued under a Convertible Debenture Indenture between MiMedia and Odyssey Trust Company dated March 14, 2023, with a supplemental agreement dated July 20, 2023. The share issuance is pending final approval from the TSX Venture Exchange.
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