Multiplied Media Corporation announces private placement


    CALGARY, April 28 /CNW/ - Multiplied Media Corporation (TSX-V: MMC) (the
"Company") announced today that, pending regulatory approval, the Company will
complete a non-brokered private placement of up to 10,000,000 Units of the
Company for gross proceeds of up to $500,000 ("the Offering"). Each Unit is
comprised of one common share ("Common Share") at a subscription price of
$0.05 per Common Share and one half warrant. Each whole warrant will be
exercisable for one Common Share at a price of $0.10 per Common Share, with
the warrants expiring two years from the date of issuance.
    The Company will use proceeds of the Offering to implement the business
plan of the Company and for general working capital purposes.
    All of the Common Shares issued pursuant to the Offering will be subject
to a four-month hold period from the date of distribution. The Offering is
expected to close on or about May 7, 2009.

    About Multiplied Media Corporation
    Multiplied Media ( has developed the award-winning
application Poynt (, the local search service available over
BlackBerry smartphones. Through agreements with Yellow Pages Group in Canada,
Idearc Media ( in the United States and t-info and Infobel in
Europe, Poynt simplifies finding and connecting with businesses, retailers and
events wherever and whenever it is most convenient for the consumer.
Headquartered in Calgary, AB, Canada, Multiplied Media trades on the TSX
Venture Exchange under the symbol MMC.

    Forward Looking Statements
    Certain statements in this release, other than statements of historical
fact, may include forward-looking information that involves various risks and
uncertainties. There can be no assurance that such forward-looking statements
will prove to be accurate. Actual result and future events could differ
materially from those anticipated in such statements. These and all subsequent
written and oral forward-looking statements are based on the estimates and
opinions of management on the dates they are made and expressly qualified in
their entirety by this notice. The Company assumes no obligation to update
forward-looking statements should circumstances or management's estimates or
opinions change, other than as required pursuant to applicable securities

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities of the Company within the
United States. The securities of the Company have not been and will not be
registered under the United States Securities Act of 1933, as amended (the
"1933 Act"), or any state securities laws. Accordingly, the Units may not be
offered or sold in the United States or to U.S. persons (as such terms are
defined in Regulation S under the 1933 Act) unless registered under 1933 Act
and applicable state securities laws or an exemption from such registration is

For further information:

For further information: Andrew Osis, CEO & Director, Multiplied Media
Corporation, (403) 313-3719,

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