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ARHT Receives Receipt for Final Prospectus for Previously Announced Financing and Increases Offering Size

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, March 10, 2021 (GLOBE NEWSWIRE) ARHT Media Inc. (TSX VENTURE: ART) ( ARHT or the Company ) is pleased to announce that it has increased the size of its previously announced overnight marketed offering, to sell a minimum of $7.9 million of Units of the Company (the “ Units”) at a price of $0.24 per Unit (the “ Offering Price”) and up to $8.9 million of Units (the “ Offering”) and that it has received a receipt for a final prospectus (the Prospectus ) of the Company from the securities regulators in each of the provinces of Canada (other than Quebec).

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