
MiMedia Holdings Issues Subordinate Voting Shares to Settle December 31 Debenture Interest
•By ADMIN
Related Stocks:MIM
MiMedia Holdings Inc. (TSXV: MIM; OTCQB: MIMDF; FSE: KH3) announced on January 5, 2026 that it has issued **1,330,407 subordinate voting shares** to satisfy the **interest owed as of December 31, 2025** on its outstanding 10% and 12.5% unsecured convertible debentures. These newly issued shares, referred to as “Interest Payment Shares,” were issued at the **market price of $0.305 per share as defined under TSX Venture Exchange policy** as of the end of last year.
The convertible debentures were originally issued under agreements with Odyssey Trust Company, with supplemental indentures dated July 20, 2023 and June 27, 2025. The issuance of these shares is subject to final approval by the TSX Venture Exchange.
MiMedia Holdings Inc. operates a next‑generation consumer cloud platform that enables users to securely store and access personal media across devices and operating systems. The platform emphasizes rich media experience, organizational tools, private sharing functions and broad partner integrations with smartphone makers and telecom carriers, serving millions of users worldwide.
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