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MiMedia Engages Canaccord Genuity as a Financial Advisor, DS Market Solutions Inc. for Market-Making Services and Announces a Change in Directors

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MiMedia (OTCQB: MIMDF, TSXV: MIM) engaged Canaccord Genuity as financial advisor under a 12-month advisory agreement and agreed to pay a $250,000 advisory fee in restricted stock units (RSUs) at a deemed price of $0.50 per RSU, resulting in 500,000 RSUs to be issued under the company's omnibus incentive plan and vesting 12 months after the agreement date.

The company also engaged DS Market Solutions to provide market-making and liquidity services on the TSXV for a monthly fee of C$10,000 on renewable one-month terms; either party may terminate with 30 days' written notice.

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Positive

  • Signed 12-month advisory agreement with Canaccord
  • Advisory fee fixed at $250,000 paid as 500,000 RSUs
  • Market-making engagement with DS Market at C$10,000/month

Negative

  • Issuance of 500,000 RSUs creates potential shareholder dilution
  • Advisory and market-making fees increase cash-equivalent obligations

News Market Reaction

-3.12%
1 alert
-3.12% News Effect

On the day this news was published, MIMDF declined 3.12%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Advisory fee: $250,000 RSU price: $0.50 per RSU RSUs issued: 500,000 RSUs +5 more
8 metrics
Advisory fee $250,000 Canaccord financial advisory services agreement
RSU price $0.50 per RSU Deemed price for paying advisory fee
RSUs issued 500,000 RSUs Aggregate RSUs to Canaccord as advisory fee
Advisory term 12 months Duration of Canaccord advisory agreement
Market-making fee C$10,000 per month Monthly fee to DS Market Solutions Inc.
Market-making minimum term 1 month Minimum engagement term with DS Market
Termination notice 30 days Written notice required before end of term
52-week range position Price 70.24% below high; 44.01% above low Pre-news positioning vs 52-week high/low

Market Reality Check

Price: $0.1776 Vol: Volume 87,000 is 4.03x th...
high vol
$0.1776 Last Close
Volume Volume 87,000 is 4.03x the 20-day average of 21,591, indicating elevated trading interest pre-announcement. high
Technical Price at 0.25 is trading below the 200-day MA of 0.38, reflecting a weak longer-term trend.

Historical Context

3 past events · Latest: Nov 24 (Positive)
Pattern 3 events
Date Event Sentiment Move Catalyst
Nov 24 Strategic partnership Positive +9.0% HTC partnership making MiMedia native gallery on LATAM smartphones.
Sep 17 Investor conference Positive -10.1% Participation in ArcStone-Kingswood Growth Summit to present growth strategy.
Aug 19 Product integration Positive -4.1% First integration and shipment of coolpad smartphones with MiMedia technology.
Pattern Detected

Recent news often saw mixed or negative price reactions, with two divergences where positive operational updates were followed by declines.

Recent Company History

Over the last few months, MiMedia announced integrations and partnerships, including HTC’s Latin America relaunch on Nov 24, 2025 and a coolpad shipment update on Aug 19, 2025. It also highlighted investor outreach via the ArcStone-Kingswood Growth Summit on Sep 18, 2025. Price reactions have been inconsistent, with one strong positive move of 8.97% and notable declines of -10.05% and -4.06%. Today’s advisor and market-making engagement fits this pattern of execution and capital-markets positioning updates.

Market Pulse Summary

This announcement outlines MiMedia’s decision to appoint Canaccord as financial advisor and engage D...
Analysis

This announcement outlines MiMedia’s decision to appoint Canaccord as financial advisor and engage DS Market for market-making, aiming to support capital-markets strategy and trading liquidity. It involves a $250,000 RSU-based advisory fee at $0.50 per unit and a monthly market-making fee of C$10,000. In context of prior partnership wins and mixed price reactions, investors may monitor how these arrangements translate into financing access, liquidity, and follow-on commercial milestones.

Key Terms

restricted stock units, omnibus incentive plan, market making
3 terms
restricted stock units financial
"pay an advisory fee ... payable in restricted stock units of the Company"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
omnibus incentive plan financial
"issued pursuant to the Company's Amended and Restated Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
market making financial
"DS Market will trade the securities ... for the purpose of maintaining an orderly market"
Market making is when a firm or trader continuously posts prices at which they will buy and sell a particular stock, standing ready to trade so others can buy or sell quickly. Think of it as a shopkeeper who keeps items on the shelf and quotes both a buying and selling price; the difference is their small profit and the service they provide. For investors, market makers lower the cost and delay of executing trades and help keep prices stable, while their withdrawal can make trading harder or more volatile.

AI-generated analysis. Not financial advice.

New York, New York--(Newsfile Corp. - December 5, 2025) - MiMedia Holdings Inc. (TSXV: MIM) (OTCQB: MIMDF) (FSE: KH3) ("MiMedia" or the "Company") is pleased to announce that it has entered into an advisory services agreement (the "Advisory Agreement") with Canaccord Genuity Corp. ("Canaccord"), pursuant to which Canaccord will serve as the Company's financial advisor and provide certain fiscal advisory services to the Company in connection with strategic capital markets initiatives.

Chris Giordano, President and CEO of MiMedia stated, "We are pleased to welcome Canaccord as the Company's financial advisor, recognizing their extensive expertise and proven capabilities in financial strategy and capital markets."

The Advisory Agreement has a term of 12 months.

Pursuant to the Advisory Agreement, the Company has agreed to pay an advisory fee to Canaccord in the amount of $250,000, which shall be payable in restricted stock units of the Company (the "RSUs") at a deemed price of $0.50 per RSU, resulting in the issuance of an aggregate of 500,000 RSUs. The RSUs will be issued pursuant to the Company's Amended and Restated Omnibus Incentive Plan and will vest on the date that is 12 months following the agreement date.

Canaccord is a leading independent, full-service financial services firm and has significant knowledge and exposure to the financial services with operations in two principal segments of the securities industry: wealth management and capital markets. Canaccord's international capital markets division has offices in North America, UK & Europe, Asia, and Australia, and operates a well-established, highly regarded global advisory and capital raising platform.

The Company also wishes to announce that it has engaged DS Market Solutions Inc. ("DS Market") to provide equity trading advisory and liquidity services in accordance with TSX Venture Exchange ("TSXV") policies and applicable securities law.

DS Market will trade the securities of the Company on the TSXV for the purpose of maintaining an orderly market. In consideration of the services provided by DS market, the Company will pay DS Market a monthly fee of C$10,000 for a minimum term of one month and renewable for successive one-month terms thereafter. Either party may terminate the arrangement by providing written notice to that effect 30 days prior to the end of the current term.

MiMedia and DS Market are unrelated and unaffiliated entities and DS Market has no interest, directly or indirectly, in the Company or its securities. DS Market will not receive shares or options as compensation, nor have they indicated any immediate intent to acquire shares of the Company through the open market or otherwise. The capital used for market making will be provided by DS Market.

About DS Market

DS Market is an equity trading advisor to issuers looking to enhance liquidity in their public traded securities. DS Market was incorporated in Mississauga, Ontario. Mr. David Sears is the sole owner of DS Market and will be providing the services on behalf of DS Market. DS Market's contact is davidsears@dsmarketsolutions.com.

The Company also announces that David Smalley has resigned from its Board of Directors. The Company would like to thank Mr. Smalley for his dedicated efforts over the past almost four years and wishes him the very best.

Chris Giordano, President and CEO of MiMedia, stated "David has been an outstanding board member for almost four years now. He provided exceptional guidance and support well beyond the original intended period of service. We can't thank him enough and look forward to staying in close touch with David as a shareholder."

About MiMedia Holdings Inc.

MiMedia provides a next-generation consumer AI cloud platform that enables all types of personal media to be secured in the cloud, accessed seamlessly at any time, across all devices and on all operating systems. The Company's platform differentiates with its rich media experience, robust organization tools, private sharing capabilities and features that drive content re-engagement. MiMedia partners with smartphone makers and telecom carriers globally and provides its partners with recurring revenue streams, improved customer retention and market differentiation. The platform services millions of engaged users around the world.

FOR FURTHER INFORMATION PLEASE CONTACT:

Chris Giordano
President and CEO
+1 917 902 2191,
investors@mimedia.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements in this press release include statements regarding the fiscal advisory services to be performed by Canaccord and market-making services to be provided by DS Market. Such forward-looking statements are based on the current expectations of management of MiMedia. Actual events and conditions could differ materially from those expressed or implied in this press release as a result of known and unknown risk factors and uncertainties affecting MiMedia, including risks regarding the industry in which MiMedia operates, economic factors, the equity markets generally and risks associated with growth and competition. Additional risk factors are also set forth in the Company's management's discussion and analysis and other filings available via the System for Electronic Document Analysis and Retrieval+ (SEDAR+) under the MiMedia's profile at www.sedarplus.ca. Although MiMedia has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be taken as guaranteed. The forward-looking information contained in this press release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, readers should not place any undue reliance on forward-looking information.

NEITHER THE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277173

FAQ

What advisory agreement did MiMedia (MIMDF) announce on December 5, 2025?

MiMedia entered a 12-month advisory agreement with Canaccord Genuity to provide financial and capital markets advisory services.

How much will Canaccord be paid by MiMedia (MIMDF) and how is it structured?

Canaccord will receive an advisory fee of $250,000 payable as 500,000 RSUs at a deemed price of $0.50 per RSU, vesting after 12 months.

What market-making arrangement did MiMedia (MIMDF) agree with DS Market Solutions?

MiMedia engaged DS Market to trade its TSXV securities to maintain an orderly market for a fee of C$10,000 per month, renewable monthly.

When do the RSUs issued to Canaccord vest for MiMedia (MIMDF)?

The 500,000 RSUs will vest on the date 12 months following the advisory agreement date.

Can either party terminate the DS Market market-making arrangement for MiMedia (MIMDF)?

Yes; either party may terminate with 30 days' written notice prior to the end of the current one-month term.
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