NetworkNewsBreaks – Appreciated Media Holdings Inc. (TSXV: AMH) (OTCQB: AMEFF) Returns Performance Shares to Treasury

October 5, 2020 10:25:49

Appreciated Media Holdings (TSXV: AMH) (OTCQB: AMEFF) (“Appreciated Media” or the “Corporation”), a multifaceted entertainment company, today announced the cancellation and return to treasury of 6,995,653 common shares in the capital of the Corporation (the “Performance Shares”). According to the update, in connection with the completion of its qualifying transaction, Appreciated Media issued an aggregate of 7,473,935 Performance Shares pursuant to the terms of a performance share agreement dated June 30, 2017, that was entered into among the Corporation and certain of its consultants and advisors (the “Performance Share Agreement”). Upon issuance, the Performance Shares were deposited into escrow subject to the satisfaction of certain release conditions to be satisfied by June 30, 2020. Appreciated Media’s board of directors has determined that the release conditions were not satisfied by June 30, 2020, and the Corporation has cancelled and returned an aggregate of 6,995,653 Performance Shares to its treasury.

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About Appreciated Media Holdings Inc.

Appreciated Media is a multifaceted entertainment company based in Vancouver. The Corporation has divisions in the film, music and television industries. The Appreciated Media team is extremely well-versed in a variety of entertainment delivery platforms and plans to become a top-tier entertainment company rising to the level of success achieved by other companies originally formed in Vancouver. For more information, visit

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