EMedia Networks announces private placement

2005-06-06

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VANCOUVER, June 6 /CNW/ -

PRIVATE PLACEMENT Subject to regulatory approval, the Company is pleased to announce that it is arranging a private placement for the purchase of up to 1,000,000 units at a price of $0.05 per unit for total proceeds of $50,000. Each unit consists of one common share and one non-transferable share purchase warrant entitling the holder to purchase one additional common share for a period of two years at a price of $0.10 per share in the first year, at a price of $0.15 per share in the second year. Proceeds of the private placement will be used for sales and marketing.

EMedia Networks EMedia Networks is Canada's leading supplier of licensed background (or "in-store") music played in public spaces. EMedia's client base includes many national retail and restaurant chains. Background music consists of CD quality artist recordings that are played in retail and restaurant establishments and other public venues to enhance and define a client's brand image and as a sales enhancement tool. Through its sophisticated and proprietary music and network ready platform, EMedia has been providing the most reliable and cost effective in-store music systems to North American retail stores for more than 5 years.

EMedia Networks International Corporation

(signed) "Darren Reiter" Darren Reiter, CEO

Trading Symbol TSX Venture: EMM

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