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Network Media Group Inc V.NTE

Alternate Symbol(s):  NETWF

Network Media Group Inc. is a Canada-based company, which develops, produces and exploits film and television properties in addition to providing production services to third parties. The Company, through its subsidiary, Network Entertainment Inc., is a boutique film, television, and digital content production company that creates, finances and produces programming for television, digital platforms and movie audiences around the world. The Company builds its production slate in two primary forms: documentary films and docu-series. Its documentaries and documentary series showcase the lives of inspiring cultural icons and their endearing legacy as well as stories that feature A-list casts and cinematic, crafted storytelling in the worlds of music, film, comedy, sports, politics and business. Network NFT Studios collaborates with IP owners, artists, and top talent to create, distribute, and monetize digital collectibles campaigns and related initiatives in the web3 universe.


TSXV:NTE - Post by User

Post by Sthlheadron Oct 04, 2021 10:42am
124 Views
Post# 33960591

Network Media Group Announces Upsizing of Previously Announc

Network Media Group Announces Upsizing of Previously Announc
Media Group Inc.(TSXV: NTE) (OTCMKTS: NETWF)is pleased to announce, further to the Company's news release datedSeptember 30, 2021, an upsizing of its previously announced non-brokered private placement (the "Offering"). The upsized Offering will be for gross proceeds of up to$1,400,000through the sale of up to 9,333,333 Common Shares of the Company (the "Shares") at a price of$0.15per share. In connection with the Offering, the Company may pay finder's fees in cash or securities, or a combination of both, as permitted by the policies of the TSX Venture Exchange (the "Exchange"). Network intends to use the net proceeds of the Offering primarily for ancillary business opportunities, operations, research and development of NFT content initiatives, and working capital requirements.
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