NEW YORK, July 4, 2023 /CNW/ - MiMedia Holdings Inc. MIM (" MiMedia " or the " Company "), announced today that it has entered into an agreement with Canaccord Genuity Corp. (the " Agent "), pursuant to which the Agent has agreed to assist the Company in selling, on a commercially reasonable efforts private placement basis, up to 2,500 convertible debenture units of the Company (the " Debenture Units ") at a price of C$1,000 per Debenture Unit, to raise aggregate gross proceeds of up to C$2,500,000 (the " Offering ").